Massachusetts Home Buyer Guide

The number of single-family homes on the market in Shrewsbury, Massachusetts dropped 36.4 percent in March compared to March 2013, according to data compiled from the Massachusetts Association of Realtors (MAR). 

There were 110 single-family homes for sale as of March 31, 2013 in Shrewsbury, MA, but a year later inventory had declined to 70 homes for sale. The months supply of inventory declined 45.6 percent, from 4.2 months of supply in March 2013 to 2.3 months of supply in March 2014. There were 36 new listings in March, a decline of 21.7 percent compared to the 46 new listings in March 2013. 

After a 13.8 percent increase in median home prices in Haverhill, Massachusetts in 2013, single-family home sales and prices took a bit of a breather during the first quarter of 2014, according to data compiled from MLS Property Information Network (MLS PIN), the local real estate multiple listing service. The condominium market had a better first quarter. 

The tough winter may have played a role in the decline in single-family home sales and possibly home prices. 

The number of single-family homes sold in Chelmsford, Massachusetts declined in the first two months of 2014 compared to last year.

Through January and February of 2014, there were 34 single-family home sales, a 6.7 percent decrease from the same period in 2013 when there were 37 home sales, according to data compiled by the Massachusetts Association of Realtors.

The median price for a single-family home also declined through February 2014. Through February the median price for a Chelmsford, MA single-family home stood at $325,750, down 6 percent from $346,950 during the same two months in 2013. For the month of February, the median home price was $317,500, a 9.3 percent decrease in price from $350,000 in February of 2013.

Single-family homes sales in Boston's Dorchester neighborhood have declined 42 percent from seven sales in February 2013 to just three home sales in February 2014, according to data compiled by the Greater Boston Association of Realtors.

Through the first two months of 2014, there were six single-family home sales, down 33 percent from nine sales during the same period last year.

Hingham, Massachusetts single-family home sales declined 25 percent from 12 sales in February 2013 to nine home sales in February 2014, according to the data compiled by the Massachusetts Association of Realtors (MAR).

Single-family home sales increased 42.9 percent, from 21 sales in January and February 2013 to 30 home sales through the first two months of this year. There were 262 Hingham, MA single-family home sales in 2013 compared to 256 home sales in 2012. Pending sales – properties with signed purchase and sale agreements but that haven't closed yet – were up 50 percent in February to 21 pending sales from 14 in February 2013.  

The median price of a condominium in Boston's Jamaica Plain neighborhood increased 10.2 percent in February to $360,500 compared to $327,000 in February 2013, according to data compiled by the Greater Boston Association of Realtors. 

Through the first two months of 2014, the median condo price increased to $376,000 from $345,000 in January 2013 and February 2013, a 9 percent increase. The median condo price in Jamaica Plain increased 9.8 percent in 2013 to $375,000 from $341,500 in 2012.

The Town of Foxborough, Massachusetts, also affectionately known as “the gem of Norfolk County," has a charming New England small-town feel, but its location midway between Boston, MA and Providence, RI makes it easily accessible to two metropolitan areas.

After increasing 17.1 percent in December 2013 and 8.7 percent for all of 2013, the median price of a single-family home in Lexington, Massachusetts declined 20.3 percent in January 2014, according data compiled by the Massachusetts Association of Realtors (MAR).

There were 13 homes sold in Lexington, MA in January 2014, with a median price of $767.000. In January 2013, there were 14 homes sold, with a median price of $962,500.

The median price of a single-family home in Salem, Massachusetts increased 19 percent in 2013 compared to 2012, according to data compiled by the Massachusetts Association of Realtors (MAR). 

The median price of a single-family house in 2013 was $309,500, an increase from $260,000 in 2012. Home prices continued to rise in January 2014. In January, the median home price was $339,500 compared to $274,000 in January 2013, an increase of 23.9 percent. 

The median price of a single-family home in Haverhill, Massachusetts increased 1.7 percent in January 2014 and increased 13.8 percent in 2013, according to data compiled by the Massachusetts Association of Realtors (MAR). 

The median price of a single-family home in January 2014 was $246,525 compared to $242,500 in January 2013. The median home price in Haverhill, MA was $261,000 in 2013 an increase from $229,450 in 2012. 

The number of single-family homes sold in Dedham, Massachusetts decreased by 40 percent in January after a 9.5 percent increase in home sales in 2013, according to data compiled by the Massachusetts Association of Realtors (MAR).

There were nine single-family homes sold in Dedham, MA in January 2014, a 40 percent decline from the 15 homes sold in January 2013. There were 265 homes sold in 2013 compared to 242 homes sold in 2012, an increase of 9.5 percent. 

The number of single-family homes sold in Newburyport, Massachusetts declined 46.7 percent in January compared to January 2013, according to data from the Massachusetts Association of Realtors.

There were only eight single-family homes sold in January compared to 15 home sales in January 2013.