According to this morning’s Boston Globe article Mass. home sales, prices rise in Jan., Massachusetts home prices and sales surged in January; providing further evidence that the state’s real estate market is on the rise.
The median price for single family homes rose about 10% in January, compared to the same month a year ago; while sales volume increased almost 12% during the same period; marking the 4th consecutive month of double – digit percentage increases in single family home sales.
Condominium prices also rose by almost 17% percent and sales were up about 25% for the same period.
These sales and price increases seem to have surprised some housing specialists. Hopefully, at least locally, we have seen the bottom in the real estate market and look forward to a strong Spring season.
Posted by Seth J. Driggin – Partner
Jebb & Driggin is an Exclusive Buyer’s Agency
Filed under: Boston Real Estate News, Exclusive Buyers Agent, MA Condo sales up for 2010, MA homes prices up for 2010
