Home Sales Increase in Massachusetts

The Massachusetts Association of Realtors reported a 5% increase in the number of single family home sales for the month of September when compared to September 2007.  “This is the first year to year increase in monthly sales in 2008….The median price of a single family home was $295,000, the first time median home prices dipped below $300,000 since 2003″ according to the Association.  Sales of condominiums continued to decline by 6.2% when compared to the same month last year.  For a closer look at sales of single family homes and condominiums take a look at this report by the Massachusetts Association of Realtors.  As your neighborhood expert, I’m here to help you understand your local and regional housing markets.  Contact me at ReMax Partners in Andover for more information about market trends in Andover, North Andover, Boxford and the surrounding communities.