Follow on Google News News By Tag * Somerville * Massachusetts Buyer Agent * Exclusive Buyer Broker * Somerville Market Report * Somerville Median Price * More Tags... Industry News News By Place Country(s) Industry News
Follow on Google News | Somerville, MA Condominium Prices, Sales Rise First Quarter 2012Somerville, Massachusetts condo prices and sales increased in the first quarter 2012 compared to Q1 2011, according to data analyzed by Buyers Brokers Only, LLC.
By: Richard Rosa The data were compiled using MLS Property Information Network, Inc, a local multiple listing service. The median price of condominiums increased 17.6 percent in Q1 2012, a difference of $58,000 compared to the first quarter 2011. Condominium sales rose 22 percent in Q1 2012, a difference of just 11 sales compared to Q1 2011. Multi-family home prices dropped 5.2 percent in Q1 2012, a difference of $24,000 compared to Q1 2011. Multi-family home sales fell 21.2 percent, a difference of seven sales compared to the first quarter of 2011. The median price of single-family homes decreased 34.7 percent in Q1 2012 compared to the previous year, a difference of $188,750. Single- Somerville, Massachusetts Real Estate Market Report Sales / Median Price Condominiums Q1 2011 – 50 / $330,000 Q1 2012 – 61 / $388,000 Multi family Q1 2011 – 33 / $465,000 Q1 2012 – 26 / $441,000 Single family Q1 2011 – 8 / $543,750 Q1 2012 – 13 / $355,000 Search For Homes For Sale In Somerville, Massachusetts (http://www.buyersbrokersonly.com/ End
Account Email Address Account Phone Number Disclaimer Report Abuse
|
|