| Mass. home sales slow in first quarter, but prices continue to rise |
![]() |
![]() |
| 已发布 on 2003-05-15 08:12:41 EST |
![]() |
In what is becoming a familiar pattern, home sales in Massachusetts cooled in the first quarter of 2003 but prices continued to rise, increasing for the 39th consecutive quarter.
Statewide sales of detached single-family homes fell 10.6 percent in the first three months of the year, while condominium sales were unchanged from a year ago, the Massachusetts Association of Realtors reported Wednesday.
But the average detached home price rose 15.7 percent to $358,334, and the price of a condominium rose 9.5 percent to $246,572.
For homes, the biggest regional percentage leap was 34.9 percent in the Southeast, where prices rose to $266,131. Greater Boston remained the most expensive area, with an average price of $508,354.
Condominium prices also increased the most in the Southeast, rising 46 percent to $133,363. Greater Boston was most expensive in that category as well, with an average price of $318,030.
Despite the slowing sales pace, it was still the third-busiest January-March period on record, the group said.
"The first three months of this year were far quieter for business than last year, but the market has still been quite active by historic standards, especially given the fact consumers have been preoccupied with issues related to job security, family members going off to war, and digging out from storm after storm this past winter," MAR President Peter Casey said.
|
|
|