CHARLESGATE Blog

Homes sales spike in November - local, statewide, and national

Written by Michael DiMella | Dec 23, 2009 5:00:00 AM

 

 

Boston Condo Market

Boston condo sales (all neighborhoods) were up 43% in November 2009 compared to November 2008 (369 sales to 259 sales) while median prices also marginally increased from $319,000 in 2008 to $325,000 in 2009.

Greater Boston Real Estate Market


Massachusetts Real Estate Market

 

Nationally

Existing-home sales – including single-family, townhomes, condominiums and co-ops – rose 7.4 percent to a seasonally adjusted annual rate of 6.54 million units in November from 6.09 million in October, and are 44.1 percent higher than the 4.54 million-unit pace in November 2008. Current sales remain at the highest level since February 2007 when they hit 6.55 million.

 

Effects of the $8000 tax credit?  Low interest rates?  Number's abysmally low