Real Estate
Natick Home Sales Up in 2013
Low inventory continues to hamper home sales across the commonwealth, but Natick saw an uptick in home sales this year.
“Shrinking inventory" is “depressing sales volume" across the commonwealth, but closer to home, Natick saw a spike in home sales in March, according to The Warren Group, which publishes Banker & Tradesman.
So far, in 2013, Natick has seen 53 home sales.Â
"Low inventory is plaguing housing markets all over the country, and Massachusetts is no exception," said David Harris, editorial director at The Warren Group. "With mortgage rates low and prices competitive, we're hopeful more sellers will emerge and the trend in dropping home sales will reverse."
Find out what's happening in Natickfor free with the latest updates from Patch.
Natick March 2012 March 2013 % change March sales 20 20 0% YTD sales 51 53 3.92% March median sale price $355,899 $378,750 6.42% YTD median sale price $380,000 $365,000 -3.95%
Middlesex County
March sales 643 646 .47% YTD sales 1,614 1,651 2.3% March median sale price $348,800 $367,051 5.2% YTD median sale price $349,500 $372,000 6.4%
Massachusetts March sales 3,215 3,100 -3.58% YTD sales 8,017 7,849 -2.1% March median sale price $263,000 $285,000 8.37% YTD media sale price $255,500 $282,500 10.57%
Middlesex County
March sales 643 646 .47% YTD sales 1,614 1,651 2.3% March median sale price $348,800 $367,051 5.2% YTD median sale price $349,500 $372,000 6.4%
Massachusetts March sales 3,215 3,100 -3.58% YTD sales 8,017 7,849 -2.1% March median sale price $263,000 $285,000 8.37% YTD media sale price $255,500 $282,500 10.57%
Source: The Warren Group
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