Statewide Home Sales Higher in January, But Westford Sees Drop

Massachusetts saw 2,680 home sales in January according to the Warren Group,

"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."

However, that figure presented a jump not echoed in Westford during the first month of the year.

According to the Warren Group's figures, Westford saw 5 home sales in January 2013 compared to 10 during January 2012.

However, condo sales rose from 5  in January 2012 to 7 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 Westford, the median home sale price in January was $460,000, up from $342,500 in January 2012.

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