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Market News: Home Sales Up in the Bay State!

June 24th, 2010 by nwarren

According to an article in the Boston Business journal, there is great news for the Boston real estate market. Single-family home sales in the Bay State surged 37% in May. Citing a report done by the Warren Group, the year-over-year increase is the fourth month in a row with double digit increases in percentage.

Other statistics reflect this currently successful real estate market: there is a 2.6$% increase in the median home price range from last month, now $290,000 from $282,520 from May of 2009. Additionally, condo sales have also increased 24% to 1,950, as compared to 1,570 in May of 2009.

If you are thinking of purchasing a home, now’s the perfect time to browse our listings and contact us for a showing! Pictured below is one of our units available in the Back Bay – click here to read more about this listing.

Source article:  Boston Business Journal

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This entry was posted on Thursday, June 24th, 2010 at 10:50 am and is filed under Back Bay, Back Bay Rentals, Back Bay Single Family, Boston Commercial Real Estate, Boston Economy, Boston Real Estate Market, Boston Single Family, Mortgage Market, Warren Residential Group. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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