Real Estate
Local Home Sales Up 15 Percent
Massachusetts sees increase in total transactions, median price, and pending sales.
The residential market in New England remained strong through September 2015, with sales up 15% and pending sales up 14% over September 2014.
New Hampshire led this growth with an impressive 20% increase in sales year-over-year, while average days on market in the state decreased by 12.5%. Month-over-month, the market followed traditional seasonal trends with a 10.7% decrease in sales and slight decrease in median price.
Massachusetts showed an increase of 15.1% in total transactions year-over-year. The median price was up 4.4%. Pending sales were up 10.9% over September 2014.
Find out what's happening in Actonfor free with the latest updates from Patch.
“We’ve seen steady improvement over the 2014 market since May of this year,” said Dan Breault, EVP/Regional Director of RE/MAX INTEGRA, New England. “While we’re seeing the market slow down, as it typically does after the busy summer season, it’s encouraging to see continued year-over-year growth as we move into the fall.”