Welcome! Login | Register
 

Dunkin’ Donuts Tops List for ‘Most Significant’ Chain Restaurant in Massachusetts—Dunkin' Donuts was named the "most significant restaurant…

Dale LePage and the Manhattans CD Release Party September 4—Ceres Bistro at the Beechwood Hotel will host…

Gronkowski “Good to Go” Week 1—Rob Gronkowski told reporters at Gillette Stadium that…

Guest MINDSETTER™ Warren Tolman: Candidate for Attorney General—This race for Attorney General is about leadership.…

Smart Benefits: Two Regs Issued on Contraceptive Coverage—Two regulations on contraceptive coverage were recently issued…

College Admissions: 8 Things They Won’t Tell You in Freshman Orientation—As families pack suitcases and head off to…

Junior League of Worcester Kicked Off 90th Year With a Move—The Junior League of Worcester (JLW) and its…

Fall Activities for the Whole Family—Mark your calendars for the best activities of…

The Urban Gardener: Harvesting Green Beans + Sunflowers—Gardening made simple...

Worcester Pride to Host First Annual Youth Dance—Worcester Pride will host its first annual youth…

 
 

NEW: Mass. Home Sales Up 20.7% In RE/MAX July Housing Report

Monday, August 19, 2013

 

According to the RE/MAX of New England July Monthly Housing Report, Massachusetts experienced an uptick of 20.7% in total home sales and transactions year-over-year. The median price increased 6.5%, the second highest increase in the region behind New Hampshire. Pending sales were up 16.3% over July of 2012.

Overall, The RE/MAX of New England July Monthly Housing Report shows an uptick of 22.7% in home sales year-over-year, and a 3.2% increase month-over-month across the region. In addition, pending home sales are up on average 28.9% over July 2012.

“We are seeing home sales increase at double-digit rates above last year and falling inventory levels are slowly pushing prices up,” said Dan Breault, EVP/Regional Director of RE/MAX of New England. “Many homeowners are continuing to gain positive equity and are entertaining the idea of listing their home. There are active buyers in the market if you price your home right.”

Every state reported on in New England, except for Vermont, also experienced a decrease in available inventory year-over-year.

New England outlook

In Connecticut, the number of total transactions is up 22.5% year-over-year, while the median price is up 1.1%. Connecticut led all of New England in pending sales – up a staggering 50.6% year-over-year.

In New Hampshire, home transactions increased 23.2% year-over-year, while the median price jumped 10.4% - the largest price increase in New England behind Massachusetts. Pending sales were up 28.3%.

Rhode Island once again posted the largest year-over-year gains in total home transactions in New England, up 34.4%, while median price rose 4.0%. Pending sales were up 30.3% year-over-year

Vermont experienced a boost in both total transactions, up 25.6% (second highest transaction % in New England behind RI), and median price, up 1.4%, year-over-year. Pending sales were up 32.4% year-over-year.

MLS data is currently not available in Maine.

 

Related Articles

 

Enjoy this post? Share it with others.

 

You Must be Logged In to Comment