Friday, May 31, 2013
There were 21 home sales in April compared to 8 in April 2012.
Concord's single-family home sales continue to outpace last year’s numbers and sale prices have seen a healthy increase so far in 2013, as well. Concord saw 21 home sales in April compared to 8 in April 2012. So far in 2013, there have been 58 home sales in Concord, nearly doubling the 31 sold over the first four months of 2012. (See how Concord compares to Middlesex County and the commonwealth on the chart at the bottom of the article.) “While the lack of homes to buy over the past several months kept closed sales down, the surge in the number of new listings to hit the market in April is an optimistic sign,” said 2013 Massachusetts Association of Realtors President Kimberly Allard-Moccia, broker-owner of Century 21 Professionals in …
Wednesday, March 27, 2013
Concord's increase in home sales over a year ago mirrors Middlesex County's, but bucks the trend across the commonwealth.
While the low housing inventory has created bidding wars and stagnated home sales across Massachusetts, real estate activity in Concord has remained strong, according to a recent report by The Warren Group, publisher of Banker & Tradesman. According to the report, Concord’s year-to-date sales through February have doubled over 2012, while median sale prices have increased as well. The nine single-family homes sold between January and February of last year had a median sale price of $900,000, while the median sale price for the 18 homes sold during the same time frame in 2013 checks in at $960,000, a 6.67 percent increase. Meanwhile, condo sales have seen a slight dip compared to last year’s sales, both in terms of number and price. …
Wednesday, February 6, 2013
Although the number of completed foreclosures dropped, Concord saw more people start the foreclosure process in 2012 compared to 2011.
Along with a 16 percent increase in home sales in 2012, the total number of completed foreclosures in Concord decreased last year, according to statistics gathered by the Warren Group, the Boston-based real estate and banking information publishers for New England. At the end of 2012, Concord had a total of 2 foreclosure deeds, a 50 percent drop from the 5 completed in 2011. Foreclosure deeds represent a completed foreclosure, according to the Warren Group press release. Concord also saw fewer foreclosure auctions in 2012, dropping 46.67 percent from 15 auction 2011 to 8 in 2012. Although the completed foreclosures dropped in 2012, Concord did see an uptick in foreclosure petitions, which represent the first step in the foreclosure …
Monday, February 4, 2013
The median sale price, meanwhile, rose 2.14 percent over 2011.
Concord saw a 16.32 percent increase in single-family homes in 2012, according to statistics gathered by the Warren Group, the Boston-based real estate and banking publishers. The year-end numbers indicate 221 single-family homes sold in 2012 in Concord, compared to 190 sales in 2011. The median sale price was $715,000 in 2012, up from an even $700,000 the previous year. December-specific numbers showed a more modest year-over-year increase in home sales here in Concord, and actually a slight decrease in the median sale price. Concord was not alone in its increased real estate activity. In fact, according to a Warren Group press release,, 2012 Massachusetts home sales were the highest in six years, increasing 18 percent in 2012. In all of …
Wednesday, October 10, 2012
Foreclosure auctions are down, but deeds and petitions in 2012 remain consistent with Concord's 2011 numbers.
The overall foreclosure numbers for the commonwealth improved in August to the lowest level of the year so far, while the positive trend continued in Concord. August was the third consecutive month of year-over-year foreclosure deed decreases in Massachusetts, as well as the fewest number of completed foreclosures in any month since February 2011. However, foreclosure deeds year over year have increased by 8.4 percent in the commonwealth, according to The Warren Group, publisher of Banker & Tradesman. "Fewer foreclosures were completed in recent months, which may indicate a greater effort from lenders to find loan alternatives," said Banker & Tradesman Editor Cory S. Hopkins. "As banks continue to return to more normal foreclosure …
Friday, July 29, 2011
Single-family home, condo prices creep up in June.
As the real estate market continues its slow recovery, Bay State numbers for single-family and condo sales during the month of June are down in comparison to years past. According to the Warren Group, publisher of Banker & Tradesman, the decline represents the lowest level for the month since 1991. Single-family home sales slid 23.5 percent in June, the fifth straight month of double-digit percentage decreases. A total of 4,313 single-family homes sold in June, down from 5,639 a year earlier. Second quarter home sales have declined almost 26 percent from second quarter sales last year. "This year's sales slump is carrying on as we compare the level of home sales in 2011 to the inflated number of sales driven by last year's homebuyer tax …
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