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Massachusetts Home Prices Soar To New Heights

Read / Add Comments The price of buying a home in Massachusetts continues to soar, even as the country contends with the COVID-19 crisis. The median sale price of a single-family home in March climbed to $485,000, according to a new report from the Massachusetts Association of Realtors (MAR), which has seen a rise in the number of houses being closed on. Year-to-year, the $485,000 median price tag on a single-family home is up 16.9 percent from 2020, while the price of condos is up nearly 7 percent, to $459,450. According to the report, the association reported that 3,385 single-family home sales closed in March and 5,804 new properties were listed, up from 2,779 closed sales in February and 3,393 new listings.

Million-dollar deals done in a day: Inside Needham s hot real estate market

Million-dollar deals done in a day: Inside Needham s hot real estate market Wicked Local With a listed price of $949,000, the property on Arch Street went on the market just after 1:30 p.m. on the first Wednesday in April. By 7 p.m., the owners had received an offer for the four-bed, two-bath single-family home that was way over the asking price, according to the real estate agent who represented the sellers. Adriano Varano, the principal-agent and owner of Needham-based Varano Realty, said the quick sale reflects an already competitive real estate market in Needham “amplified” by the effects of the pandemic.

Mass single-family prices surge, condo sales gain momentum - Buying, News

Mass single-family prices surge, condo sales gain momentum - Buying, News
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