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Massachusetts Home Sales up for January 2013

MAR releases January Home Sales Results:

The Mass Association of Realtors released today home sale for January 2013. The numbers showed continued improvement.  MAR President Kimberly Allard-Moccia, broker-owner of Century 21 Professionals in Braintree said "The Massachusetts real estate market was active in the fourth quarter of last year and that has resulted in a strong start to 2013. Buyer activity remains high, but now we look to the home sellers to ‘get off the fence’ and put their homes on the market.”

 

Units sold in Jan 2013 Units sold in Jan 2012 Percent Change Units Sold in December 2012
Single Family House 2,676 2,353 +15.7% 3,801
Condos 986 852 +13.7 1,478

 

Median Home Price Jan 2013 Median Home Price Jan 2012 Percent Change
Single Family $282,500 $268,000 +5.4%
Condos $250,000 $250,000 +0.0%
Days on Market Jan 2013 Days on Market Jan 2012 Inventory Jan 2013  Inventory Jan 2012 Monthly Supply(In Months) Jan 2013 Monthly Supply(In Months) Jan 2012
Single Family 114 128 18,328 25,214 4.7 7.9
Condos 103 132 5,791 8,619 3.8 7.0

The enitire article can be read here.

Paul Weston is a licenced Real Estate Broker in Massachusetts

Follow me on Twitter: @PH_Weston

Website, including contact information: www.liveinmalden.com