Market Conditions

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1 Single Family sales decreased from 18,531 to 17,490 (5.62%) when comparing 1 st half of 2010 to 2012 but increased from 15,850 to 17,490 (10.35%) when comparing 1 st 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 12 0 5,000 10,000 15,000 20,000 25,000 30,000 22,573 25,902 26,679 19,232 21,723 27,434 26,720 19,105 22,209 24,897 6,393 12,138 9,047 8,079 5,955 9,895 10,624 8,725 7,102 10,388 Single Family Listings and Sales, Massachusetts Single Family Listings Q1/Q2 2010 Sales = 18,531 Q1/Q2 2011 Sales = 15,850 Q1/Q2 2012 Sales = 17,490

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Market Conditions. Q1/Q2 2010 Sales = 18,531. Q1/Q2 2011 Sales = 15,850. Q1/Q2 2012 Sales = 17,490. Single Family sales decreased from 18,531 to 17,490 (5.62%) when comparing 1 st half of 2010 to 2012 but increased from 15,850 to 17,490 (10.35%) when comparing 1 st half of 2011 to 2012. 1. - PowerPoint PPT Presentation

Transcript of Market Conditions

Page 1: 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

Page 2: Market Conditions

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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

Page 3: Market Conditions

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)

Page 4: Market Conditions

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

Page 5: Market Conditions

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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

Page 6: Market Conditions

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)