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Newton, MA Single-family Median Home Prices Decline September 2011

Newton, Massachusetts single-family home prices decreased in September 2011 compared to September 2010 while sales increased, according to data analyzed by Buyers Brokers Only, LLC.

 
PRLog - Nov. 22, 2011 - The median price of single-family homes in Newton, Massachusetts decreased in September 2011 while sales increased, according to data analyzed by Buyers Brokers Only LLC, an exclusive buyer agent real estate firm.

The data were compiled using MLS Property Information Network, Inc, a local multiple listing service.

The median price of single-family homes fell 8.3 percent in September 2011 compared to the previous year, a difference of $66,250.  Single-family home sales in Newton, MA rose 15 percent in September 2011, a difference of six sales compared to September 2010.  

Condominium sales increased 5.9 percent in September 2011, a difference of just one sale compared to September 2010. Unlike single-family homes, condo prices in Newton soared in September. The median price of condos increased 38.8 percent in September 2011, a difference of $147,500 compared to September of the previous year.

Multi-family home sales decreased 83.3 percent in September 2011, a difference of five sales compared to September 2010.The median price of multi-family homes rose 46.9 percent in September 2011, a difference of $239,500 compared to the same period last year.

Newton, Massachusetts Real Estate Market Report

                            Sales / Median Price

Single family:  
September 2010 – 40/ $801,250    
September 2011 – 46 / 735,000

Condominiums:
September 2010 – 17/ $380,000
September  2011 – 18 / $527,500

Multi family:
September 2010 – 6 / $510,500
September 2011 – 1 / $750,000

Search For Homes For Sale In Newton, Massachusetts
(http://www.buyersbrokersonly.com/home-listings.htm)

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About Buyers Brokers Only, LLC: Buyers Brokers Only exclusively represents home buyers, providing real estate advice and legal counsel (through our lawyers' law offices) at no additional cost to its clients throughout Massachusetts and New Hampshire. Buyers Brokers Only is the largest exclusive buyer agent real estate firm in Massachusetts.
http://www.BuyersBrokersOnly.com

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Contact Email:
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Source:Richard Rosa
Phone:978.835.5906
Zip:01830
City/Town:Haverhill - Massachusetts - United States
Industry:Real Estate, Newton, Market report
Tags:newton, MA, massachusetts buyer agent, exclusive buyer broker, Real Estate, newton market report, newton median price
Shortcut:prlog.org/11700927
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