Chelmsford and Statewide Home Sales Higher in January

Massachusetts saw 2,680 home sales in January according to the Warren Group, a figure that presented a jump that was also echoed in Chelmsford during the first month of the year.

"We ended 2012 on a pretty positive note, and this is carrying into January," said Timothy M. Warren Jr., CEO of The Warren Group. "Recent pending sales data are a hopeful sign for a strong spring market. And given low mortgage rates and steady prices, there are positive signs that 2013 will be a second year of recovery."

According to the Warren Group's figures, Chelmsford saw 17 home sales in January 2013 compared to 15 during January 2012.

However, condo sales dropped from 7 in January 2012 to only 4 in January 2013.

Statewide, the median sale price rose 6.8 percent in January to $277,750, up from $260,000 in January 2012. This is the highest median home price for January in three years.

In Chelmsford, the median home sale price in January was $301,000, up from $299,900 in January 2012.

For more Real Estate information, please see the Chelmsford Patch Real Estate page.