Salisbury MA Condo Property Sales Report For 2nd Quarter 2013

Marketing times for condos in Salisbury dropped during the second quarter of 2013 when compared to the same time frame during previous years. Prices have also increased. The Salisbury MA condo property sales report for 2nd quarter 2013 in this blog include stats on average prices, number of listings, and days on market for the last several years. Average sale prices offer useful information about the condition of the real estate market, especially when compared to past years. The sales volume reflects how active the market may be. Thirdly, the average days on market represents level of demand. When viewed together, these 3 figures may help you assess if it is a good time to purchase or sell a property, how long that process may take, and the price you are likely to pay for a home.

Condo Property Sales for Salisbury MA

2nd Quarter Average Price of Homes Closed

The average price in Salisbury MA for the 2nd quarter increased 26.55% from $261,818 to $331,322. In the time frame before that, it decreased -1.01% from $264,477 to $261,818. That after a 11.18% change. These figures display no consistent pattern over the last few years.

2008 $312,477
2009 $274,467
2010 $237,885
2011 $264,477
2012 $261,818
2013 $331,322

2nd Quarter Listing Volume

The Listing volume in Salisbury MA for the 2nd quarter decreased -18.18% from 11 to 9. This after it increased 22.22% from 9 to 11. Prior to that was a -10% change. These figures exhibit no consistent pattern across the past few years.

2008 12
2009 6
2010 10
2011 9
2012 11
2013 9

2nd Quarter Average Listing Time Frame

The Average listing time frame in Salisbury MA for the 2nd quarter decreased -55.32% from 188 to 84. This after it decreased -29.85% from 268 to 188. Before that was a 15.52% change. There is no consistent pattern over the last few years.

2008 317
2009 72
2010 232
2011 268
2012 188
2013 84

Salisbury MA Condo Property Sales Report For 2nd Quarter 2013

For more Salisbury MA condo property sales report for 2nd quarter 2013 or statistics for neighboring areas, please contact John Wells, REALTOR at Wellsco Realty by calling 978-518-1481 or emailing teamjohn@johnpwells.com. Note: These figures were pulled from third parties including public records and the MLS Property Information Network, Inc. It is meant to provide a general overview of the real estate market, are not guaranteed accurate, and may not necessarily include every condo sold in Salisbury.

About Editor-John P. Wells

I am a resident of Newburyport and have worked in education, high tech and urban development. My interests in architecture and construction are invaluable to my clients. For more information please visit the Wellsco website.

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