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Milton MA Real Estate Market Report for October 2013

Milton MA Real Estate Market Report for October 2013

See what has gone on in the Milton Real Estate market for the month of October along with year over year comparisons. Learn why buying realty in Milton MA is a popular choice including information on town history, schools, demographics and more.

Milton MA Real Estate Market Report

 

 

 

 

 

 

 

 

 

 

Real Estate Activity For October 2013 vs October 2012

In October of 2013 there were 16 homes that closed within the month for Milton MA Real Estate. This was an increase of 6 units, as there were 10 homes that closed in October of 2012.

The average list price for the homes that closed for October of 2012 was $582,860

The average list price for the homes that closed for October of 2013 was $688,469

The average sale price for the homes that closed for October of 2012 was $556,290

The average sale price for the homes that closed for October of 2013 was $670,946

The average market time for the homes that closed for October of 2012 was 103 days.

The average market time for the homes that closed for October of 2013 was 83 days.

Download Milton MA OCT 2013 Real Estate Market Report

Download Milton MA OCT 2012 Real Estate Market Report

Homes Under Contract For October 2013

39 homes went under agreement in the month of October. The average list price of the homes that went under agreement was $569,646. The average time on the market for these homes were 48 days. October was a very hot month for homes going under contract. The market is still in need of listing for buyers to purchase.

Traditionally, it might be a much slower time of year for Real Estate, but that does not appear to be the case at the moment.

Of the 39 homes that went under contract, only 4 have gone under agreement at the time of writing this blog post.  9 of the homes under contract still have to clear their contingencies. This could be their home inspection, mortgage contingency or something of other significance. 

Current Homes For Sale October Inventory Levels

The are currently 64 homes on the market. The average list price of these homes for sale is $$1,033,562. The average days on the market is 142. The amount of homes for sale increased by one homes from last month and remains historically low. Over the last couple of months, inventory has shrunk and buyers have been in competition for homes in Milton Mass. 

Milton MA Real Estate Market Analysis

For most of this year there have been homes that have received multiple offers with sale prices being bid up over asking. The Milton real estate market right now is completely different than it has been over the last few years from what we have experienced. There has not been a better time to sell a home in Milton in a very long time.

Click the link to see all Milton Massachusetts Homes For Sale.

 

 

Michael Mahoney | 617.980.9025
Michael Mahoney  is a licensed real estate salesperson  in Boston, Massachusetts. He helps buyers and sellers of condos and single-family homes in all of Boston’s neighborhoods. Search for Your Home Now

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Michael Mahoney
Boston area Realtor®
Affiliated with Century 21
MA. Lic.#9051300
Corp. Lic.#10046
{c}617-615-9435
{e}mike@mmahoney.com
{w}www.RealtorMikeMahoney.com


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