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Louisburg Square South, Quincy Ma condo sales and reflection on the Quincy Ma condo market
Market report from Quincy Ma real estate agent, Madelene Semeria, on the Louisburg Square condo market.
By: Madelene Semeria Realtor
"The market has seen an increase in buyer activity since the beginning of April, which is a positive sign that the market is ready to rebound," stated by Madelene Semeria Quincy resident and real estate agent for Century 21 Abigail Adams. Units that are currently on the market are experiencing a market time of 6 months. Sales in Louisburg have been stale over the past few months with the last sale occurring in Dec 2007. In the past three weeks, 2 units in our development have accepted offers to purchase and are scheduled to close by the end of May. Louisburg continues to be a desirable complex and the rest of 2008 looks bright!
Jan – April 2008 Sales Data:
Number of Units Currently on the Market: 7
Median List Price for units currently on the market: $323,400
Jan – April 2008 Sales History:
Median Sale Price 2007: $304,750
Median Sale Price 2006: $338,000
Median Sale Price for a 2 BR unit in 2007: $302,500
Median Sale Price for a 2 BR unit in 2006: $336,500
Median Price per Square Foot: $215 - $220
ABOUT MADELENE SEMERIA
Madelene Semeria, (http://www.Ma-
Madelene Semeria Real Estate Agent Quincy MA 617-894-1124 Ma_homesForSale@
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Experienced Real Estate Agent working with home buyers and sellers. Creating aggressive marketing plans to get your home SOLD! I specialze in first time homebuyers, residential real estate, multi-family home purchases, condo puchases and much more!