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The median price of a single-family house in Taunton, Massachusetts was unchanged after the first five months of 2015 compared to the same period in 2014, according to data compiled by the Massachusetts Association of Realtors.
The median price through May was $240,000 for both 2014 and 2015. The median price in May also was $240,000, a 5.5 percent decrease from $254,000 in May 2014. Home buyers paid on average 95.9 percent of the original list price in May.
There were 30 single-family homes sold in Taunton in May compared to 32 houses sold in May 2014. Pending sales – homes under agreement that have yet to close – increased 51.3 percent in May to 59 from 39 in May 2014. Through May home sales decreased 8.1 percent to 114 from 124 homes sold during the same period in 2014. Pending sales increased 11.7 percent through May.
There were 109 single-family homes on the market in May, a 26.8 percent decline compared to 149 in May 2014. Months supply of inventory declined 28.6 percent to 3.6 months. New listings increased 10.9 percent to 61 from 55 new listings in May 2014.
The median price of a condominium in Taunton increased 18.8 percent to $136,500 in May on 10 sales. Through May the median price increased 26.4 percent to $167,500, with 32 units sold. Condo sales declined 23.1 percent in May and 15.8 percent from January through May.
Pending condo sales declined 21.4 percent in May to 11 from 14 in May 2014. During the first five months of 2015, pending sales increased 3.9 percent to 53.
Home buyers paid on average 98.6 percent of the original list price for condominiums in May. On average home buyers paid 97.3 percent of the original list price through May 2015.
There were 36 condo units on the market in May, a 5.9 percent increase. Months supply of inventory declined 4.2 percent to 4.1 months. New condominium listings increased 90 percent to 19 compared to 10 units in May 2014.
The average number of days on the market for single-family homes increased 18.4 percent and 90.7 percent for condominiums in May.
