The number of single-family homes put under agreement in April in Massachusetts was up 25 percent compared to the same time last year, while condominiums were up 22 percent, according to the Massachusetts Association of Realtors (MAR).
This marks the tenth straight month the number of both single-family homes and condominiums put under agreement had increased over the year before, MAR reported.
Excerpts from the MAR:
The number of single-family homes put under agreement in April was up 25 percent compared to the same time last year (4,480 homes in 2009 to 5,580 homes in 2010). On a month-to-month basis, single-family homes put under agreement were up 16.1 percent from 4,808 homes in March.
The number of condos put under agreement in April was up 22 percent compared to April 2009 (1,878 units in 2009 to 2,292 units in 2010). On a month-to-month basis, condos put under agreement were up 8.0 percent from 2,122 units in February.
