West Newbury MA Condo Real Estate Summary For 2nd Quarter 2013

The West Newbury MA condo real estate summary for 2nd quarter 2013 in this blog detail statistics on average sales, listing volume, and marketing time frames for the previous several years. Average sale prices offer valuable details about the condition of the market, particularly when viewed in relation to previous time frames. The number of properties sold reflects market activity. Lastly, the days on market demonstrates buyer demand. When viewed together, these three figures will help you assess if it is the optimal time to purchase or list a home, how long that may take, and the price you are likely to pay for a home.

Condo Real Estate Prices for West Newbury MA

2nd Quarter Average Selling Price

The average price in West Newbury MA for the 2nd quarter decreased -17.94% from $603,956 to $495,633. Prior to that, it increased 0% from $0 to $603,956. Before that was a -100% change. These figures present no consistent pattern during the last few years.

2008 $550,000
2009 $0
2010 $573,610
2011 $0
2012 $603,956
2013 $495,633

2nd Quarter Total Number Of Homes Sold

The Total number of homes sold in West Newbury MA for the 2nd quarter decreased -25% from 4 to 3. During the previous period, it increased 0% from 0 to 4. Prior to that there was a -100% change. There is no consistent direction across the past few years.

2008 2
2009
2010 4
2011 0
2012 4
2013 3

2nd Quarter Average Listing Time Frame

The Average listing time frame in West Newbury MA for the 2nd quarter decreased -66.14% from 446 to 151. In the time frame before that, it increased 0% from 0 to 446. Prior to that was a -100% change. There is no consistent pattern across the last few years.

2008 28
2009
2010 405
2011 0
2012 446
2013 151

West Newbury MA Condo Real Estate Summary For 2nd Quarter 2013

For additional West Newbury MA condo real estate summary for 2nd quarter 2013 or reports for other cities and towns, please contact John Wells, REALTOR at Wellsco Realty by calling 978-518-1481 or emailing teamjohn@johnpwells.com. Note: These figures were extracted from third party sources including county records and the Mass. MLS Property Information Network, Inc. It is meant to provide a general overview of the real estate market, are not guaranteed, and might not include every condo transferred in West Newbury.

About Editor-John P. Wells

I am a resident of Newburyport and have worked in education, high tech and urban development. My interests in architecture and construction are invaluable to my clients. For more information please visit the Wellsco website.