The Massachusetts Association of REALTORS® (MAR) reported today that June sales were down from the same time last year, but up from this past May. Median prices for single-family homes were down less than two percent on a year-over-year basis, but continue to go up from the month before. While condominium sales were also down on a year-over-year basis, median prices were up for the third straight month. Condominium month-to-month sales and median prices were both up as well.
"June is the last month that we’ll be comparing sales directly against the presence of the 2010 homebuyer tax credit, therefore moving forward we’ll have a more ‘apples-to-apples’ comparison to gauge where the market is,” said 2011 MAR President Laurie Cadigan, broker-owner of Barrett & Company in Concord. "However, despite the comparisons, REALTORS® across the state have reported stronger than expected activity recently and hopefully this will translate into more sales in the months to come
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Pat Baker
