Here we are at the half way point of 2012. It has been a busy year so far in the real estate market. Let's take a look at the numbers.
For the period of April 1-June 30, 2012 there were 72 single family homes sold in Canton. The lowest priced home sold for $195,000, and the highest priced home sold for $892,500.00*.
The average sales price was $421,372.00. The first chart attached price ranges of all single family homes sold in Canton for the second quarter of 2012.
That is an increase from the second quarter of 2011, when there were a total of 60 single family homes sold in Canton with an average sales price of $477,160.
Attached is a chart showing the number of home sales in Canton during the second quarter for the past five years. These numbers match what we have been seeing in the market this year.
In fact, the spring business has continued into the summer. I have yet to see a summer slowdown. Certain price ranges have very limited inventory.
Buyers are moving quickly when they see a home they like as there is a lot of competition among buyers.
*All data is courtesy of MLS Property Information Network, Inc. Homes sold outside of the MLS are not included in these numbers.
About the Author: Christine Smith is a Realtor, Buyer's Agent, Attorney, social media fan, parent and Canton resident. She writes about real estate and events in the Canton area on her blog – Canton MA Events and Real Estate.