November 15, 2016
Housing market stays warm through October
Courtesy American Advisors Group via Flickr
Cold weather didn't quell home sales in October.
By State House News Service
Colder temperatures are not cooling the Massachusetts housing market.
Home sale agreements in October were up 15 percent over October 2015 and condo purchase and sale agreements were up 9 percent, according to data released Tuesday morning by the Massachusetts Association of Realtors.
The median price on a pending home sale in October was $355,778, up 6.2 percent from $335,000 in October 2015. The median price on condo sale agreements reached in October was $327,000, up 2.8 percent from $318,000 in October 2015.
The association's market confidence index stood at 70.2 on a 100-point scale with 100 representing a strongest market. The index rested at 73.3 in September and 77.8 in August. In October 2015 the confidence index registered a 65.5.
WBJ Web Partners
Most Recent
Most Recent
0 Comments