Home prices in a town constantly fluctuate. The average price of listings closed provides a good overview of a particular area. Other statistics such as the low, median, and high prices provide additional useful information. The Burlington MA condo average prices of homes sold for 2nd quarter 2014 in this blog detail sales for the previous several years.
Condo Home Sales for Burlington MA – 2nd Quarter
Average Sale Price
The average selling price in Burlington MA for the 2nd quarter decreased -38.7% from $468,700 (in 2013) to $287,301 (in 2014). In the time frame prior to that, it increased 58.31% from $296,067 (in 2012) to $468,700 (in 2013). Before that was a -30.12% change. These figures show no consistent direction over the last few years.
Minimum Sale Price of Listings Sold
The lowest sale price in Burlington MA for the 2nd quarter decreased -56.1% from $359,900 (in 2013) to $158,000 (in 2014). During the previous period, it increased 242.76% from $105,000 (in 2012) to $359,900 (in 2013). Before that there was a -66.13% change.
Median Selling Price
The median price in Burlington MA for the 2nd quarter decreased -47.23% from $450,000 (in 2013) to $237,450 (in 2014). This after it increased 27.5% from $352,950 (in 2012) to $450,000 (in 2013). Prior to that there was a 0.06% change.
Maximum Selling Price of Homes Sold
The highest price in Burlington MA for the 2nd quarter decreased -32.32% from $650,000 (in 2013) to $439,900 (in 2014). This after it increased 47.73% from $440,000 (in 2012) to $650,000 (in 2013). Prior to that was a -28.46% change.
Burlington MA Condo Average Prices Of Homes Sold For 2nd Quarter 2014
There are a wide range of Burlington MA condos. Some complexes are low-end and others high-end. Average prices are often skewed by sales across these different complexes, so it is important to request a more targeted report from local real estate agents. Contact us for a referral. For more Burlington MA condo average prices of homes sold for 2nd quarter 2014 or statistics for neighboring neighborhoods, please contact Peter DaMore, Attorney at Law Offices of Peter T. DaMore Jr. by calling 781-229-7900 or emailing email@example.com. Note: This information was extracted from third party sources including county records and the Massachusetts MLS Property Information Network, Inc. It is intended to offer a general overview of the market, are not guaranteed, and might not necessarily include every condo transferred in Burlington.