August 2010 Massachusetts Housing Numbers

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The August 2010 housing numbers have come in from the Massachusetts Association of Realtors® (MAR).  Here is the summary

Price
* August was the 10th straight month that median sales prices have gone up.
* Condo median prices went over the $300,000 threshold for the first time since MAR has been tracking median prices.

Sales
* Both single-family and condo sales went up month-to-month – which is generally the case from July to August
* However August home sales went down for the second straight month, year-to-year.

Inventory
* August was the 6th straight month that year-over-year single-family inventory has gone up.  
* August inventory is down 28% (12,368 homes) from the August peak of 43,928 in 2006.
* August 2010 had the third fewest number of single-family sales of any August since MAR has been tracking this data.

Click here for the MAR press release
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September 28 2010 - Havelock
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Thanks!
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October 20 2010
 
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