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Condos Make a Comeback in Massachusetts

This year Condo sales are getting stronger in Massachusetts. That's the good news. The bad news is that the condo sales numbers are up primarily because first time buyers are being priced out of the single family home market. Overall, March and April sales of single family homes are off 11% in Massachusetts compared to the same time period in 2013. At the same time, single family home prices have jumped almost 9% from the 2013 levels. This is not good news for the first time buyer trying to crack the single family housing market. This is not a good scenario for the Spring housing market. Unless there is a surge of new listings in the marketplace expect this situation to get worse.

April 2013 to April 2014 Market Share for Massachusetts

MLSPIN Stats:

Listings Taken:

#1 Coldwell Banker 14,758, #2 Raveis RE 3,571, #3 Conway 2,718, #4 Laer Realty 2,234, #5 ERA Key 2,087

Market Share (Individual offices)

#1 Hammond, Chestnut Hill

#2 Success!, Braintree

#3 RedFin, Somerville

Market Share (Firms)

#1 Coldwell Banker, #2 Raveis, #3 Hammond #4 C21 Commonwealth #5 ReMax Leading Edge #6 Gibson Sotheby #7 Laer Realty #8 Conway #9 KW Boston #10 ERA Key Realty Services

ERA Key Good Morning Newsletter

Northern Offices

#4

May 6, 2014

New Listings

Since May 1

37 Leland N Reading, Paul Dunton

53 Bayberry Lowell, Tom Golden

201 Hanson Mill, Moultenb, C Critch

73 Gorham St Chelmsf, Walt&Ali

5 Kelley Ter Tewksb, Addie Finley

101 Pond St Billerica Addie Finley

 Click on "What's New" for all of the ERA Key listings.

Top ERA Key Agents Northern Off

April 2013 to April 2014 Sides

#1 Pat Bagni Latimer, Ayer 64

#2-3 Paul Dunton, Billerica 43 

#2-3 Walt&Ali, Chelmsford 43

#4 Dawn Sylvester, Billerica 30

#5 Kathy Coen, Billerica 22