Massachusetts Home Buyer Guide, First-time Homebuyer Tips, Advice MA

Dunstable, MA Home Prices, Sales Up April 2014

Written by Rich Rosa | Jul 2, 2014 11:24:00 AM

The median price for single-family homes in Dunstable, Massachusetts increased 3.7 percent from April 2013 to to April 2014, according to data compiled by the Massachusetts Association of Realtors. 

The median single-family home price in April was $425,000, compared to $410,000 in April 2013. Single-family property prices in Dunstable, MA went up 19.1 percent over the first four months of the year relative to that same period in 2013. The median price through April was $480,000, up from $402,950 through the first four months of 2013. 

While single-family property sales in April increased from 2013 to 2014, pending sales declined. There were four single-family home sales in April, a 33.3 percent increase from three sales in April 2013. Meanwhile, there were just three pending sales in April, a 40 percent decrease from five pending sales in April 2013. Through April of both years, there were 6 closed sales.

Real estate inventory of single-family properties in Dunstable, MA in April declined 7.7 percent from 2013 to 2014, and the months supply of inventory decreased by 12.7 percent. There was 4.7 months supply in April and 4.1 months supply in April 2013. The number of new listings increased 20 percent from 5 new single-family home listings in April 2013 to 6 new listings in April 2014. There were fewer new listings in 2014 during the earlier months. Through the first four months of the year, there were 12 new listings, compared to 15 during the same period in 2013. 

The average number of days a single-family property remained on the market went down by 41.4 percent, and homes sold for 94 percent of the original list price in April. During the first four months of 2014, single-family homes sold for 95 percent of the original list price.

There were no condominiums on the market in either 2013 or 2014.