In September, condominium sales statewide rose 12.5 percent to 1,800, up from 1,608 a year ago. Condo sales in the third quarter increased more than 9 percent to 6,615, compared to 6,056 during the third quarter 2012. Year-to-date condo sales are up 4.8 percent, increasing to 15,373 from 14,665 during the same period last year.
The median condo price also increased to $295,250 in September, a 7 percent spike compared to $275,000 a year earlier. Third quarter median prices are up 10.4 percent, increasing to $310,000 from $280,750 in the prior year. The year-to-date median price of condos in the Bay State is $295,000, up 5.7 percent from $279,000 a year ago.
For more information, visit www.thewarrengroup.com.
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