The Number of Massachusetts Single-Family Homes Put Under Agreement Up in November

The number of single-family homes put under agreement in the month of November rose two percent over the last year, marking full year of year-over-year increases. However, condominium pending sales for the month fell from this time last year. From November 2017, the median price for pending single-family homes and condominiums saw over a four percent hike to $397,000 and a one percent hike to $375,000, respectively. 

“Thanksgiving preparations and Black Friday shopping didn’t stop home buyers from finding time in November to make offers on single-family homes,” said 2018 MAR President Rita Coffey, general manager of CENTURY 21 Tullish & Clancy in Weymouth. “Even though prices are ticking closer to the $400,000 mark, with pending sales being up for the past 12 months, home buyers are showing us that the demand is still there.” 

Continue reading

Single-Family Homes Put Under Agreement in October Marks Full Year-Over-Year Increase

The number of single-family homes put under agreement in the month of October increased over last year while condominium sales saw a decrease. Seeing the increase of single-family homes put under agreement marks a full year of year-over-year increases. From October 2017, the median price for single-family homes and condominiums both saw a hike at five percent and four percent, respectively.

“In between apple picking and leaf peeping, home buyers found time this October to make offers on single-family homes in Massachusetts,” said 2018 MAR President Rita Coffey, general manager of CENTURY 21 Tullish & Clancy in Weymouth. “Prices remain close to that $400,000 mark despite the usual cooling off from the summer market.”  Continue reading