Essex County, MA Single-family Home Sales Up, Prices Stable July 2011

Oct. 29, 2011 - PRLog -- Sales of single-family homes in Essex County, Massachusetts increased in July 2011 while the median price was flat, 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.

Single-family home sales in Essex County, MA rose 14.4 percent in July 2011, a difference of 55 sales compared to July 2010. The median price of single-family homes remained virtually flat in July 2011 compared to the previous year, with a difference of only $700.  

Condominium sales increased 10.3 percent in July 2011, a difference of 14 sales compared to July 2010. The median price of condos fell 13 percent in July 2011, a difference of $31,950 compared to July of the previous year.

Sales of multi-family homes in Essex County fell 8.1 percent in July 2011, a difference of five sales compared to the previous year. The median price of multi-family homes increased 15 percent in July 2011, a difference of $28,000 compared to July 2010.

Essex County, Massachusetts Real Estate Market Report

                     Sales / Median Price

Single-family Homes:
July 2010 – 381 / $345,000
July 2011 - 436 / $345,700

Condominiums:
July 2010 – 136 / $244,950
July 2011- 150 / $213,000

Multi-family Homes:
July 2010 - 62 / $187,000
July 2011 - 57 / $215,000

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

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