Massachusetts Home Buyer Guide

The number of single-family homes sold in Lexington, Massachusetts in June 2013 declined 29 percent to 51 sales from 72 homes sold in June 2012, the Lexington Patch reported July 25, 2013, but home prices increased.  

Through the first six months of 2013 198 single-family homes sold in Lexington, down from 204 homes sold in the first half of 2012. The Warren Group, publisher of Banker & Tradesman, tracked the data.

The median price of a single-family home in Duxbury, Massachusetts increased 11.2 percent in the first half of 2013 compared to the first six months of 2012. 

MLS Property Information Network, Inc., the local multiple listing service, provided the data.

Burlington, Massachusetts, a suburban town about 25 minutes north of Boston and 35 minutes south of the New Hampshire border, is home to many industries, retailers and a diverse real estate market.  

Burlington, MA is close to the junction of Routes 3 and 128 and not far from Interstate 93, making it a popular commuter location for Massachusetts home buyers. Burlington is bordered by Bedford, MA; Wilmington, MA; Woburn, MA; and Lexington, MA. It is about 12 miles from Boston, and it is 224 miles from New York City.

While the median price of a single-family home increased 10.5 percent statewide in April 2013 Walpole, Massachusetts saw its median price for a single-family home decline 20.4 percent, according to data from the Massachusetts Association of Realtors (MAR).

The median price of a single-family home in Walpole, MA stood at $410,000 in April 2013, down from $515,000 in April 2012. During the first four months of 2013, the median price of a single-family home declined 14.4 percent, from $450,000 in 2012 to $385,000. 

The median price of a single-family home in Shrewsbury, Massachusetts increased 14.2 percent in April compared to April 2012 while sales increased nearly 44 percent, according to data compiled by the Massachusetts Association of Realtors. 

The median price of a single-family house in Shrewsbury increased from $300,000 in April 2012 to $342,500 in April 2013. Through the first four months of 2013, median price rose 9.7 percent, from $300,000 in 2012 to $329,000. 

The median price of a single-family home in Haverhill, Massachusetts increased 32.7 percent in April, climbing from $209,900 in April 2012 to $278,500, according to data provided by the Massachusetts Association of Realtors. 

Through the first four months of the year, the median price of a single-family home in Haverhill increased 25.6 percent. The median price increased from $215,000 during the first four months of 2012 to $270,000 for the same period in 2013. The lack of real estate inventory played a role in the home price increase. In April, inventory declined 17.9 percent compared to April 2012; however, new listings did increase 5.7 percent.

Dedham, Massachusetts home sales declined in March, but the median price of a single-family home increased compared to March 2012, the DedhamPatch reported April 25, 2013. 

The Warren Group, publisher of Banker & Tradesman, provided the data. 

Westford, Massachusetts is a community-oriented town with much to offer home buyers looking for a peaceful setting, with easy access to necessary amenities.

Incorporated in 1729, Westford originally was a farming community and later became known for its mills and granite quarries. Today it also is home to many high-tech businesses.

Single-family home prices in Wilmington, Massachusetts increased more than 16 percent in March to $377,629 compared to March 2012, the WilmingtonPatch reported May 6, 2013. 

Wilmington, MA had 18 single-family homes sold in March, the same total that sold in March 2012. In the first quarter, 45 single-family homes sold in Wilmington, down from 46 during the same time period in 2012. 

The median price of a single-family home in Tewksbury, Massachusetts increased nearly 25 percent to $304,000 in March 2013 compared to March 2012, the TewksburyPatch reported May 6, 2013. 

The Warren Group, publisher of Banker & Tradesman, provided the Tewksbury, MA real estate data. 

The median price of a single-family home in Westwood, Massachusetts declined 19 percent in March compared to March 2012, the WestwoodPatch reported April 24, 2013. 

The median home price in Westwood declined from $480,000 in March 2012 to $390,000 in March 2013. The median price declined just 2 percent in the first quarter to $484,000 from $494,000 in Q1 2012. 

The number of single-family home sales in Burlington, Massachusetts declined nearly 50 percent, from 17 home sales in March 2012 to nine home sales in March 2013, the BurlingtonPatch reported April 29, 2013. 

The Warren Group, publisher of Banker & Tradesman, provided the data.