July 2012 vs. July 2011
The Massachusetts Real Estate market continues its relentless climb back to safety from any doubts about its future direction. So just how well has the State performed in recent months? Well, it comes to be known that as of the end of July, fifteen straight monthly increases for pending home sales were realized. Despite this Julys numbers were still down from June of 2012. These numbers and more can be viewed below regarding the recent month of June:
- Single-family pending home sales were up 33.58% compared to July of 2011
- Single-family month-to-month pending home sales were down 8.52% from June of 2012
- Condo pending home sales were up 29.87% compared to July of 2011
- Condo pending month-to-month home sales were down 11.78% from June of 2012
We reported in a past blog about June as well and how compared to June of 2011 there was an equally as impressive bump by 29% in June of this year for pending home sales. In addition, yet another blog shared how even housing starts were up in June in Massachusetts. Evidently, there is a renewed sense of optimism and focus in Real Estate here locally and it is something that has the State leading the way across the nation headed towards a bright and flourishing future for the market.
More Information: The MAR Report
