Condominium sales in March rose for the sixth straight month. Condo sales soared 33.4 percent to 1,515 from 1,136 in March 2009. A total of 3,448 condo sales transactions were recorded in the first three months of the year, a 22.9 percent increase from 2,805 a year earlier.
The median price for condos sold in March was $249,000, up 8.6 percent from $229,250 in March 2009. The first quarter median condo price jumped 10.7 percent to $243,500 from $220,000 during the prior year’s first quarter.
Single-family homes sales were also way up. To read more details on the improvement on the Massachusetts housing market visit Banker & Tradesman web site.
File under: Oh my!