Sales of single-family homes in Lynn, Massachusetts decreased in 2010 while the median home price stabilized, according to data compiled using MLS Property Information Network, Inc, the local multiple listing service.
Single-family homes sales in Lynn, MA decreased 11.9 percent in 2010, a difference of 54 sales compared to the previous year. The median price of single-family homes stabilized, rising 0.5 percent in 2010 compared to 2009, a $1,000 difference.
The median price of condominiums decreased 7.1 percent, or $7,500, compared to the 2009 median price. Condominium sales in Lynn, MA rose 1.7 percent in 2010, an increase of just two sales.
Sales of multi-family homes dropped 17.8 percent compared to 2009, a difference of 54 sales. The median price of multi-family homes in Lynn increased 9.1 percent compared to 2009, a difference of $15,450.
Lynn, Massachusetts
Sales / Median Price
Single-family Homes
2009 – 453 / $195,000
2010 – 399 / $196,000
Condominiums
2009 – 121 / $105,000
2010 – 123 / $112,500
Multi-family Homes
2009 – 304 / $169,550
2010 – 250 / $185,000
Search For Homes For Sale In Lynn, Massachusetts
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May 04, 2011
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I am a Massachusetts real estate broker and lawyer and co-founder/owner of Buyers Brokers Only, LLC. I am also a partner in the law firm of Rosa & Kres, LLP.
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is this a good news or bad news?
Posted by: Las Vegas Foreclosures | May 05, 2011 at 03:39 PM
It a good thing. Stable prices and a pick up in volume. I hope it continues. The market needs to keep turning over the inventory.
Posted by: Richard Stabile Bergen County Real Estate | May 28, 2011 at 08:12 PM
Fascinating information...I'm not quite sure I've even grasped it, but it's interesting nonetheless.
Posted by: Cape Coral Properties | June 09, 2011 at 07:29 PM
Thanks for the information, also I went through your website and i just like to say, you got a nice list of homes for sale in MA.
Posted by: Cape Coral Rental Management | June 10, 2011 at 08:44 AM
Good news for me and my colleagues, I thank you again for the article I hope to read
many good texts on your part.
Posted by: Foreclosures | June 13, 2011 at 04:09 PM
http://www.mortgagereviewsite.com
Posted by: Marko | June 19, 2011 at 06:45 PM
MLS Property Information Network is really helpful to getting informations about single family home, in this blog post you have estimated of price rate and median price comparison of previous two years which are very helpful to make a good decision.
Posted by: chesterfield county va real estate | August 10, 2011 at 11:09 PM