This year’s first quarter sales are up for Boxford, Massachusetts single-family homes. With only 9 sales during the first three months of 2008, Boxford, MA recorded 13 sales and a gain of 44.44 percent last quarter. Boxford’s single-family home sales during Q1 2009 were only 13.33 percent lower than during Q1 2007.
The median price of single-family properties in Boxford, MA dropped to $483,450 in the first quarter of 2009. As compared to last year’s Q1 median of $599,000, the median price of a home declined 19.29 percent. Median home prices fell more drastically between Q1 2007 and Q1 2008, when the Q1 2007 median of $850,000 decreased by 29.53 percent.
In Boxford, single-family homes averaged almost 100 days longer on the market last quarter than they did in Q1 2008. Homes sold during the first quarter of 2008 averaged 184 days on the market, but during the first quarter of this year they averaged 270. Last quarter’s average was only 11.57 percent greater than in Q1 2007, when single-family properties averaged 242 days on the market.
This data comes from MLS Property Information Network, Inc.
Boxford, MA Real Estate Market Data
Median Price Number of Sales Days on the Market
Q1 2006: $572,450 16 210
Q1 2007: $850,000 15 242
Q1 2008: $599,000 9 184
Q1 2009: $483,450 13 270
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