An article about Burlington Home Sales Up 28 Percent in 2012 was written by Burlington Patch on February 4, 2013. WOW!! Great news for the Burlington, MA housing Market……

Excerpt of “Burlington Home Sales Up 28 Percent In 2012”

Burlington saw a 40.13 percent increase in single-family home sales
in 2012, according to statistics gathered by the Warren Group, the
Boston-based real estate and banking information publishers for New
England.

Year-end numbers show Burlington at 213 single-family home sales,
compared to 152 sales in 2011.

In December, 18 single-family homes were sold in Burlington, a 28.5
percent increase over the number sold in December 2011.

According to a Warren Group press release, 2012 Massachusetts home
sales were the highest in six years, increasing 18 percent in 2012.
In all of 2012, the total number of homes sold statewide were
46,887, an increase from 39,594 home sales in 2011.

In addition to sales, median prices for single family homes in
Burlington also saw a rise in 2012, increasing from $358,500 in
2011 to $385,000 in 2012, or a 7.4 percent jump.

Statewide, median price for homes sold January through December was
up to $300,000, a 12 percent increase from $267,250 the prior year.

Condominiums sales in Burlington were on the decline in 2012. At
the end of 2012, 40 condos had been sold in town, compared to 42 in
2011, a 4.7 percent decrease.

The median condo price also dropped 12.82 percent from $410,000 to
$357,450.

Click here to read the full article.

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For questions on this topic, contact Peter DaMore, Attorney at Law Offices of Peter T. DaMore Jr. at 781-229-7900 or pdamore@ptdlaw.com.