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Massachusetts home sales soar during second surge - Vimarsana News

Massachusetts home sales soar during second surge

Low interest rates and the work from home shift are contributing to a continuing "frenzy" of home-buying in Massachusetts and sales activity and prices both set new records in November. Sales rose nearly 25 percent last month and the median sale price of a single-family home increased 17.6 percent compared to last November, to $460,000, The Warren Group reported Tuesday morning. After a pause when the COVID-19 crisis hit in March, the market roared back in the summer and the sales pace has held up through the fall as buyers, sellers and the industry have adjusted to conditions in the pandemic...

Mass. home sales soar during second surge - Vimarsana News

Mass. home sales soar during second surge

Mass. home sales soar during second surge By Michael P. Norton, State House News Service Low interest rates and the work from home shift are contributing to a continuing "frenzy" of home-buying in Massachusetts and sales activity and prices both set new records in November. Sales rose nearly 25 percent last month and the median sale price of a single-family home increased 17.6 percent compared to last November, to $460,000, The Warren Group reported Tuesday morning. After a pause when the COVID-19 crisis hit in March, the market roared back in the summer and the sales pace has held up through...

Home sales in Massachusetts soar during second surge of COVID - Vimarsana News

Home sales in Massachusetts soar during second surge of COVID

Home sales in Massachusetts soar during second surge of COVID Updated Dec 15, 2020; By Michael P. Norton | State House News Service Low interest rates and the work from home shift are contributing to a continuing “frenzy” of home-buying in Massachusetts and sales activity and prices both set new records in November. Sales rose nearly 25 percent last month and the median sale price of a single-family home increased 17.6 percent compared to last November, to $460,000, The Warren Group reported Tuesday morning. After a pause when the COVID-19 crisis hit in March, the market roared back in t...

Single-family home prices in Worcester County rose 19% in November - Vimarsana News

Single-family home prices in Worcester County rose 19% in November

Single-family home sale prices continued to rise in and around Worcester in the month of November, reflecting an upward trend accelerated during the coronavirus pandemic, according to new data from Peabody real estate data firm The Warren Group. The median single-family home price in the city of Worcester was $305,000 in November, up 15.1% from $265,000 a year prior. Year-to-date, the median sale price in the city was $285,000, up 11.8% from $255,000 a year prior.  The number of sales for the month was also up 19.6% from year-to-year, with 128 sales recorded, compared to 107 in November 2019...

Worcester County single-family home prices continue to climb - Vimarsana News

Worcester County single-family home prices continue to climb

Worcester County single-family home prices continue to climb WORCESTER — Single-family home prices in Worcester County jumped 19.3% in November as high demand continued to exceed supply. The median sale price climbed to $340,000 in November this year, compared to $285,000 in the same period last year, according to The Warren Group, which tracks property transactions. The trend is is consistent with the group's October findings, which documented a 16% rise in prices compared to the same time last year.    The number of single-family sales in the county rose 19% last month compared to...