As I've been sharing with you for a while now, the market in our area is very strong and our sales volume continues to be high. And these recent numbers from the Greater Boston Association of Realtors supports what I and my team have been seeing. Enjoy the update and now I gotta get back to work!
Boston Area Homes Sales Increase Every Month for a Year
The number of detached single-family homes sold rose on an annual basis for a twelfth consecutive month in June, increasing 19.5 percent over the same month one year ago. The last time this happened was July 2009 - June 2010. Double digit increases in sales growth on an annual basis have now been observed for the first six months of 2012. The 1,504 detached single-family homes sold in June 2012 makes it the single most active month for single-family home sales in 24 months, dating back to June 2010 when 1,434 homes were sold. It was also the busiest June for home sales in seven years and ranks as the fourth highest sales total on record for the month, exceeded only by June 2004 with 1,606 home sales, June 1999 with 1,536 sales, and June 2005 when 1,523 homes were sold.