Market Conditions
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Transcript of Market Conditions
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Single Family sales decreased from 18,531 to 17,490 (5.62%) when comparing 1st half of 2010 to 2012 but increased from 15,850 to 17,490 (10.35%) when comparing 1st half of 2011 to 2012.
Market Conditions
Q1 10 Q2 10 Q3 10 Q4 10 Q1 11 Q2 11 Q3 11 Q4 11 Q1 12 Q2 120
5,000
10,000
15,000
20,000
25,000
30,000
22,573
25,90226,679
19,232
21,723
27,43426,720
19,105
22,209
24,897
6,393
12,138
9,0478,079
5,955
9,89510,624
8,7257,102
10,388
Single Family Listings and Sales, Massachusetts
Single Family Listings Single Family Sales
Q1/Q2 2010 Sales = 18,531
Q1/Q2 2011 Sales = 15,850
Q1/Q2 2012 Sales = 17,490
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The average sale price for Single Family sales decreased from $373,931 to $367,474 (1.73%) and $379,369 to $367,474 (3.14%) when comparing respectively the 1st half of 2010 and 2011 to 1st half of 2012.
Market Conditions
Q1 10 Q2 10 Q3 10 Q4 10 Q1 11 Q2 11 Q3 11 Q4 11 Q1 12 Q2 12$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$525,815
$530,648
$514,658
$487,621
$521,249
$511,696
$500,813
$472,769$506,368
$512,345
$348,728
$387,206
$401,002
$373,700
$355,494
$393,738
$396,927
$350,006
$341,924
$384,942
Single Family Average Price Trend, Massachusetts
SF Avg Listing Price SF Avg Sale Price
$373,931Q1/Q2 2010 Average price
$379,369Q1/Q2 2011 Average price
$367,474Q1/Q2 2012 Average price
The Average Days on Market of Single Family Homes is currently at 131, an indication that it is taking 4.3 months to sell a home.
Market Conditions
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Q1 10 Q2 10 Q3 10 Q4 10 Q1 11 Q2 11 Q3 11 Q4 11 Q1 12 Q2 120
50
100
150
200
250
168155
165
195182
156169
201
176
160
128
110 112
127
148
131118
133
153
131
Single Family ADOM Trend, Massachusetts
SF DOM (listings) SF DOM (sales)
Q1 10 Q2 10 Q3 10 Q4 10 Q1 11 Q2 11 Q3 11 Q4 11 Q1 12 Q2 120
2,000
4,000
6,000
8,000
10,000
12,000
10,41610,790 10,579
7,557
9,233
10,138
9,166
6,496
8,041 8,111
2,916
5,316
3,6653,115
2,478
4,158 4,231
3,2412,723
4,343
Condo Listings and Sales, Massachusetts
Condo Listings Condo Sales
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Condo sales decreased from 8,232 to 7,066 (14.16%) when comparing 1st half of 2010 to 2012 but increased from 6,636 to 7,066 (6.48%) when comparing 1st half of 2011 to 2012.
Market Conditions
Q1/Q2 2010 Sales = 8,232
Q1/Q2 2011 Sales = 6,636
Q1/Q2 2012 Sales = 7,066
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The average sale price for condominium sales increased from $327,436 to $358,181 (9.39%) and $ 327,436 to $367,377 (12.2%) when comparing respectively the 1st half of 2010 and 2011 to 1st half of 2012.
Market Conditions
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Q1 10 Q2 10 Q3 10 Q4 10 Q1 11 Q2 11 Q3 11 Q4 11 Q1 12 Q2 12$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
$380,639
$374,509
$366,274
$344,672
$365,268
$359,231
$355,944
$351,667
$370,163
$361,446
$325,109
$327,436
$357,612
$347,189
$329,052
$358,181
$352,926
$336,231
$322,406
$368,377
Condo Average Price Trend, MassachusettsCondo Avg Listing Price Condo Avg Sale Price
$327,436Q1/Q2 2010 Average price
$358,181Q1/Q2 2011 Average price
$367,377Q1/Q2 2012 Average price
The Average Days on Market of Condominiums is currently at 116, an indication that it is taking 3.8 months to sell a home
Market Conditions
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Q1 10 Q2 10 Q3 10 Q4 10 Q1 11 Q2 11 Q3 11 Q4 11 Q1 12 Q2 120
50
100
150
200
250
158150
159
193
164154
169
197
164158
137
120 120131
149
124118
131140
116
Condo ADOM Trend, Massachusetts
Condo DOM (listings) Condo DOM (sales)