I spent some time today researching sold statistics for Single-family and Condominiums sales. In Franklin County, Massachusetts, 360 single-family homes closed from 1/1/2012 to 10/3/2012. The average sale price for that period was $183,762, and the average days on the market were 170.30 days. Condominiums have an average sale price of $164,576 with average days on market of 294.52
That calculated to a 13.2% increase in the number of single-family homes sold over the same time period in 2011, however, the average sale price decreased by 4.26%. Condominiums decreased in sale price by 5.29%. The silver lining is along with more properties selling in 2012 there is a slight decrease in the number of days properties are remaining on the market.
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