Friday Facts October 5, 2012

FRIDAY FACTS

October 5, 2012

 

The Warren Group provided the following statistics for Massachusetts in August:

  • Single family sales were up 20% in August 2012 compared with August 2011
  • Single family sales year to date were up 24% compared with the same period last year
  • The single family median price in August rose 1.6% to $310,000 from August 2011
  • The single family median price year to date fell 1.7% to $290,000 compared with the same period last year
  • Condo sales rose 40% in August 2012 compared with August 2011
  • Condo sales rose 28% year to date compared with the same period last year
  • The median price for condos dropped 4.3% to $279,000 in August 2012 compared with August 2011
  • The median price for condos rose 2% to $279,000 year to date compared with the same period last year
  • Lenders completed 566 foreclosures in Massachusetts this August, the lowest monthly level recorded so far this year.  This was a 40% drop from August 2011.  However, year to date saw an increase of 8.4% compared with the same period last year.

 

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