Real Estate in MA, 2009 vs. 2010

The local numbers for MA

Because real estate is LOCAL, I try to keep you updated with regard to the trends here in Massachusetts.  And I am always happy to provide specific information for your particular town of interest.

For this update, I have included a comparison of 2009 vs. 2010 for Massachusetts real estate sales (for both single families and condominiums).

While I wouldn’t necessarily say the numbers indicate that we are on the road towards a real estate recovery state-wide, the statistics are at least positive when comparing 2009 vs. 2010.  Although there was a slight drop in the total of number of sales for condos and houses, the highlights include:
1. Gains in the median sale prices for both condos and houses
2. Drops in the “days on market/time to sell” for both condos and houses
3. Sales to list price ratios for condos improved, while the ratio for houses remained the same

The specific local statistics in various towns might surprise or even encourage you, so please don’t hesitate to email me for a more targeted analysis.

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About Brad Hartz
I am the owner of Hartz Real Estate, a Massachusetts residential real estate sales company specializing in houses and condominiums.

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