Real Estate: January Home Sales Up 20 Percent in Foxborough but Median Sale Price Down
Year over year statistics show more houses sold in Foxborough in January 2013 than in January 2012.
Foxborough saw its home sales increase 20 percent in the month of January, according to data recently released by The Warren Group.
According to the report, home sales increased in Foxborough from five in January 2012 to six in January 2013.
In Massachusetts, 2,680 homes sold in January 2013, up over last year's 2,436 sales. This is the highest January sales volume for single-family homes in Massachusetts in five years, when there were 2,953 transactions in January 2007.
"We ended 2012 on a pretty positive note, and this is carrying into January," said Timothy M. Warren Jr., CEO of The Warren Group. "Recent pending sales data are a hopeful sign for a strong spring market. And given low mortgage rates and steady prices, there are positive signs that 2013 will be a second year of recovery."
The median sale price in Foxborough is down, however, dropping 17 percent from 2012 to 2013.
Here are the home sales numbers and median sale prices for area towns:
Home Sales
|
|
January 2012 |
January 2013 |
% Change |
|
Easton |
4 |
13 |
225% |
|
Foxborough |
5 |
6 |
20% |
|
Norton |
8 |
7 |
-12.50% |
|
Attleboro |
14 |
25 |
78.57% |
|
Seekonk |
5 |
4 |
-20% |
|
Swansea |
10 |
9 |
-10% |
|
Stoughton |
8 |
13 |
62.50% |
|
Sharon |
14 |
19 |
35.71% |
|
Canton |
8 |
13 |
62.50% |
|
Wrentham |
10 |
8 |
-20% |
|
Plainville |
3 |
4 |
33.33% |
|
Norfolk |
5 |
11 |
120% |
|
Dedham |
16 |
13 |
-18.75% |
|
Norwood |
11 |
15 |
36.36% |
|
Walpole |
13 |
16 |
23.08% |
Median Sale Price:
|
|
January 2012 |
January 2013 |
% Change |
|
Easton |
$416,800 |
$320,000 |
-23.22% |
|
Foxborough |
$323,000 |
$267,500 |
-17.18% |
|
Norton |
$249,000 |
$185,000 |
-25.70% |
|
Attleboro |
$187,500 |
$226,100 |
20.59% |
|
Seekonk |
$265,000 |
$357,500 |
34.91% |
|
Swansea |
$222,650 |
$178,000 |
-20.05% |
|
Stoughton |
$277,500 |
$271,402 |
-2.20% |
|
Sharon |
$410,500 |
$357,500 |
34.91% |
|
Canton |
$493,500 |
$410,000 |
-16.92% |
|
Wrentham |
$262,000 |
$383,750 |
46.47% |
|
Plainville |
$190,700 |
$343,750 |
80.26% |
|
Norfolk |
$465,000 |
$386,000 |
-16.99% |
|
Dedham |
$297,500 |
$315,000 |
5.88% |
|
Norwood |
$334,000 |
$339,000 |
1.50% |
|
Walpole |
$313,000 |
$359,250 |
14.78% |
Annie
12:55 pm on Wednesday, February 27, 2013
Must be the bad water showing through to real estate