Up! Again! It is refreshing to see home sales on the rise, consistently. Massachusetts single-family home sales were up in September for the third straight month when compared to the year-ago month.
Single-family home sales jumped nearly 10% last month when compared to September 2010.
But on a month-to-month basis, sales dropped nearly 18% compared to home sales in August. Massachusetts Association of Realtors reported that it is typical to see a drop-off between August and September sales figures.
The Boston-based Warren Group, which tracks the state's real estate market, reported a 7% increase.
The boost was credited to historically low interest rates.
There was nearly a 2% increase in the median sales price to almost $295,000. Condominium prices were also up.
If this news give you the confidence and motivation to buy a new home or to sell your existing home, you need a real estate attorney to look out for your interests. Contact Black and Buono.