Massachusetts Home Sales Up for Second Straight Month in January
2/22/2011
Median prices continue to come down to more affordable levels
WALTHAM, Mass. – February 22, 2011 – The Massachusetts Association of REALTORS® (MAR) reported today that January single-family home sales were up for the second month in-a-row compared to the same time last year as median prices continued to moderate for the second straight month. Condominium sales and median prices were also down in January.
“We’re starting 2011 with movement in a positive direction as buyers took advantage of the more affordable pricing to push sales up in January,” said 2011 MAR President Laurie Cadigan, broker-owner of Barrett & Company in Concord. “While we’re still in a buyer’s market, snow and increasing interest rates continue to be some of the variables we’ll watch closely as we edge toward the spring market.”
