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Massachusetts Home Buyer Guide

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West Roxbury (Boston) Home Prices Increase 5% in December 2013

Feb 17, 2014 11:30:00 AM

In December 2013, the median price of a single-family home in the West Roxbury section of Boston increased 5 percent compared to the median price in December 2012, according to data compiled by the Greater Boston Association of Realtors. 

West Roxbury (Boston) Home Sales Increase 2013The median price for a single-family home in West Roxbury, MA in December 2013 was $420,000, an increase from $400,000 the same month in 2012. From January through December 2013, the median home price increased 2 percent compared to prices in 2012. For 2013, the median price stood at $419,000 compared to $409,950 for a single-family home in 2012. 

Home sales in West Roxbury decreased 16.7 percent in December to 15 sales, down from 18 home sales in December 2012. Throughout 2013, homes sales increased 4 percent compared to 2012. There were 192 single-family home sales in 2012 and 200 home sales in West Roxbury during 2013. 

The inventory of single-family homes for sale dropped 51.4 percent for the month of December. In 2012, there were 35 homes for sale, and in 2013, there were only 17 single-family houses for sale.

The median price of a condominium for December plummeted 31.7 percent from $287,500 in 2012 to $196,250 in December 2013. Throughout 2013, the median condo price was flat compared to 2012, staying at $265,000.

Condo sales in West Roxbury dropped 83 percent in December 2013 when there were only two closed sales. There were 12 condo sales in December 2012. Condo sales were flat in 2013. There were 77 condos sold in 2012 and 78 sold in 2013.

The inventory of condominiums for sale dropped 68.2 percent in December with 7 condos on the market compared to 22 in December 2012.

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Topics: Real Estate Market, Community Information, Massachusetts Home Prices, Boston, Greater Boston Association of Realtors, West Roxbury MA

   

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