Newburyport, MA Single-family Home Sales Rise, Prices Fall First Quarter 2012

Aug. 2, 2012 - PRLog -- Single-family home sales in Newburyport, Massachusetts increased in Q1 2012 as the median price of homes decreased, according to data analyzed by Buyers Brokers Only LLC, the largest exclusive buyer agent real estate firm in Massachusetts. (http://BuyersBrokersOnly.com)

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

Single-family home sales in Newburyport, MA increased 13 percent in the first quarter of 2012, a difference of three sales compared to Q1 2011. The median price of single-family homes decreased 18.3 percent in Q1 2012 compared to the previous year, a difference of $76,800.  

The median price of condominiums fell 13.6 percent in Q1 2012, a difference of $37,000 compared to the previous Q1. Condominium sales dropped 43.5 percent in Q1 2012, a difference of 10 sales from one year earlier.

There were no multi-family homes sold in the first quarter of 2012 in Newburyport, down from one sale in Q1 of 2011.



Newburyport, Massachusetts Real Estate Market Report

              Sales / Median Price

Single family

Q1 2011 – 23 / $418,800
Q1 2012 – 26 / $342,000

Condominiums

Q1 2011 – 23 / $272,000
Q1 2012 – 13 / $235,000

Multi family

Q1 2011 – 1 / $375,000
Q1 2012 – 0 / $0

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