The median price and sales of single-family homes in Peabody, Massachusetts increased in July 2011 compared to the previous July, according to data compiled using MLS Property Information Network, Inc, a local multiple listing service.
The median price of single-family homes rose 10.3 percent in July 2011 compared to the previous year, a difference of $30,000. Single-family home sales in Peabody, MA increased 8 percent in July 2011, a difference of two sales compared to July 2010.
In July 2011 the median price of condominiums decreased 26.9 percent, or $92,450 compared to July 2010; however, condo sales rose 16.6 percent during the same period, a difference of one sale.
There were three multi-family home sales in July 2011, up from only two sales in the previous year.
Peabody, Massachusetts Real Estate Market Report
Sales / Median Price
July 2010 - 25 / $290,000
July 2011 - 27 / $320,000
July 2010 - 6 / $342,450
July 2011 - 7 / $250,000
July 2010 - 2 / $257,250
July 2011 - 3 / $255,000
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