Boston Real Estate for Sale

First quarter home sales increase in price and number

National Association of Realtors has released first quarter sales data.  For single family homes (and, condos, too, I believe), prices rose 9.7% for the nation, as a whole.  In fact, of 136 metro areas, 130 had rising prices; 66 had double-digit price increases.  Only six metro areas had decreasing median prices.

Number of sales increased, as well.

Top ten markets (by median price) and 1-year percent change in median price

Metro Area  State  Percent  Change  Median Price

San Francisco Bay Area  CA       14.8%      $689,200
Orange County (Anaheim/Santa Ana)  CA       14.7%       $656,900
San Diego  CA       20.9%       $584,100
Honolulu  HI       26.0%       $529,100
Los Angeles Area  CA       21.1%       $474,700
New York: Bergen/Passaic  NJ       18.1%       $448,100
New York: Nassau/Suffolk  NY       16.3%       $446,700
New York/N. New Jersey/Long Island  NY/NJ/CT       18.0%       $435,200
Boston  MA       14.8%       $398,300
New York: Middlesex/Somerset/Hunterdon  NJ       18.2%       $381,400

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