Newburyport MA Condo Property Sales Statistics For 2nd Quarter 2013

The Newburyport MA condo property sales statistics for 2nd quarter 2013 below detail statistics on average prices, listing volume, and marketing time frames for the previous several years. Average selling prices offer valuable details about the condition of the real estate market, particularly when compared to past years. The volume of listings gives us an indication of market activity. Thirdly, the number of days on market represents buyer demand. When viewed together, these three statistics may help you assess if it is a good time to buy or sell a home, how long that process may take, and the price you may pay.

Condo Property Sales for Newburyport MA

2nd Quarter Average Price of Homes Closed

The average sales price in Newburyport MA for the 2nd quarter decreased -8.38% from $354,457 to $324,762. Prior to that, it increased 22.67% from $288,959 to $354,457. That after a -15.15% change. There is no consistent direction over the last few years.

2008 $341,132
2009 $381,400
2010 $340,554
2011 $288,959
2012 $354,457
2013 $324,762

2nd Quarter Total Number Of Homes Sold

The Total number of homes sold in Newburyport MA for the 2nd quarter decreased -20.41% from 49 to 39. This after it increased 36.11% from 36 to 49. Previous to that was a 2.86% change. The recent drop is a change from the trend from the previous few years.

2008 40
2009 25
2010 35
2011 36
2012 49
2013 39

2nd Quarter Average Days On Market

The Average days on market in Newburyport MA for the 2nd quarter decreased -13.27% from 98 to 85. This after it decreased -20.33% from 123 to 98. Before that there was a -29.71% change. This displays a continuous downward trend across the last few years.

2008 111
2009 131
2010 175
2011 123
2012 98
2013 85

Newburyport MA Condo Property Sales Statistics For 2nd Quarter 2013

For additional Newburyport MA condo property sales statistics for 2nd quarter 2013 or details for other cities and towns, please contact John Wells, REALTOR at Wellsco Realty by calling 978-518-1481 or emailing teamjohn@johnpwells.com. Note: This information was received from third parties including public records and the Mass. MLS Property Information Network, Inc. It is intended to provide a general overview of the real estate market, are not guaranteed, and may not necessarily include every condo sold in Newburyport.

About Editor-John P. Wells

I am a resident of Newburyport and have worked in education, high tech and urban development. My interests in architecture and construction are invaluable to my clients. For more information please visit the Wellsco website.