While the number of pending single-family home sales in April stayed steady at 31 from 2013 to 2014, the number of closed sales in Walpole, Massachusetts took a 45.8 percent dip. According to data compiled by the Massachusetts Association of Realtors, only 13 sales were closed in April 2014, compared to 24 in April 2013.
Through the first four months of 2014, there was a 7.5 increase in pending sales relative to that same period in 2013. Meanwhile, closed sales went down from 54 to 41, a 24.1 percent decrease.
As sales fell, median home prices rose. The median price for a single-family property in April was $420,000, up from $412,500 in April of last year. Walpole, MA single-family home prices went up 13.5 percent during the first four months of the year compared to that same period in 2013. Through April 2014, the median price of a single-family property was $440,000. Through the first four months of 2013, the median price of a single-family home was $387,500.