Lower single-family home prices apparently got the attention of home buyers in Westford, Massachusetts.
The median price of single-family homes in Westford, Massachusetts decreased in February 2012 while single-family home sales doubled, according to data compiled using MLS Property Information Network, Inc, a local multiple listing service.
The median price of single-family homes fell 11.9 percent in February 2012 compared to the previous year, a difference of $55,800. Single-family home sales in Westford, MA increased 100 percent in February 2012, a difference of five sales compared to February 2011.
The median price of condominiums increased 23.3 percent in February 2012, a difference of $66,835 compared to the previous February. Condominium sales also rose 100 percent in February 2012, a difference of just one sale compared to February 2011.
There were no multi-family homes sold in February 2012 in Westford, MA, down from one sale the previous February.
Westford, Massachusetts Real Estate Market Report
Sales / Median Price
February 2011 – 5 / $470,000
February 2012 – 10 / $414,200
February 2011 – 1 / $286,500
February 2012 – 2 / $353,335
February 2011 – 1 / $227,000
February 2012 – 0 / $0
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