The Massachusetts Association of Realtors (a.k.a. MAR) released their May 2009 housing market data a couple weeks ago.
The statewide numbers for May break down as follows:
MA Single Family Home Sales |
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| April 2009 | May 2009 | % change |
| 2,448 | 2,972 | 21.4% |
MA Single Family Median Price |
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| April 2009 | May 2009 | % change |
| $275,000 | $284,000 | 3.3% |
MA Condominium Sales |
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| April 2009 | May 2009 | % change |
| 916 | 1,236 | 34.9% |
MA Condominium Median Price |
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| April 2009 | May 2009 | % change |
| $236,000 | $265,000 | 12.3% |
The month over month increases in Massachusetts homes sales and median prices continue and we can definitely see it in the amount of business we have! The pending sales data (homes that haven’t closed yet) is increasing month-to-month as well with 4,802 single-family homes put under agreement in May as opposed to 4,480 in April. Condos put under agreement were also up with 2,025 units in May compared to the 1,878 in April.
We are starting to get some requests for market data and charts for specific towns and we love to hear from you! I’ve been looking into creating/expanding the market data pages but in the meantime I’m happy to pass along all the info you need so don’t be shy and get in touch!
You can also check out any of our “cool hoods” pages where we’ve got some basic stats for our featured towns that update dynamically so you always have the latest data. Right now we’ve got pages built for Acton, Arlington, Carlisle, Concord, Lexington, Waltham and Westford. Currently under construction (and keeping with the *ford theme) is Bedford and Medford!
Downloads:
MASS Real Estate Market Report May-2009 (35.8 KiB, 209 hits)
Past Massachusetts Real Estate Market Reports:
MA Real Estate Market Update | April-09
