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Follow on Google News | Norwood, MA Home Sales Rise, Prices Fall Q1 2012Norwood, Massachusetts home sales increased in the first quarter 2012 as prices fell 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. Single-family home sales in Norwood, MA increased 58.8 percent in the first quarter of 2012, a difference of 10 sales compared to Q1 2011. The median price of single-family homes decreased 4.8 percent in Q1 2012 compared to Q1 of 2011, a difference of $15,000. Condominium sales rose 57.1 percent in Q1 2012, a difference of four sales compared to Q1 of the previous year. The median price of condominiums fell 2.6 percent in Q1 2012, a difference of $6,400 compared to the previous first quarter. Multi-family home sales rose 100 percent in the first quarter of 2012, a difference of three sales compared to Q1 2011. Multi-family home prices dropped 17.6 percent in Q1 2012, a difference of $65,000 compared to Q1 2011. Norwood, Massachusetts Real Estate Market Report Sales / Median Price Single family Q1 2011 – 17 / $310,000 Q1 2012 – 27 / $295,000 Condominiums Q1 2011 – 7 / $245,000 Q1 2012 – 11 / $238,600 Multi family Q1 2011 – 3 / $370,000 Q1 2012 – 6 / $305,000 Search For Homes For Sale In Norwood, Massachusetts (http://www.buyersbrokersonly.com/ End
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