bostonbubble.com Forum Index bostonbubble.com
Boston Bubble - Boston Real Estate Analysis
 
 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 

SPONSORED LINKS

Advertise on Boston Bubble
Buyer brokers and motivated
sellers, reach potential buyers.
www.bostonbubble.com

YOUR AD HERE

 
Go to: Boston real estate bubble fact list with references
More Boston Bubble News...
DISCLAIMER: The information provided on this website and in the associated forums comes with ABSOLUTELY NO WARRANTY, expressed or implied. You assume all risk for your own use of the information provided as the accuracy of the information is in no way guaranteed. As always, cross check information that you would deem useful against multiple, reliable, independent resources. The opinions expressed belong to the individual authors and not necessarily to other parties.

MA SFH sales Feb 2012 vs Feb 2011 - MAR: nominal prices down

 
Post new topic   Reply to topic    bostonbubble.com Forum Index -> News & Reference Suggestions
View previous topic :: View next topic  
Author Message
news



Joined: 14 Jul 2007
Posts: 0
Location: Greater Boston

PostPosted: Wed Mar 28, 2012 12:28 pm GMT    Post subject: MA SFH sales Feb 2012 vs Feb 2011 - MAR: nominal prices down Reply with quote

Use this forum thread to discuss the following link.

Description: MA SFH sales Feb 2012 vs Feb 2011 - MAR: nominal prices down 3.8%, volume up 26.8%
URL: http://www.marealtor.com/content/NewsTicker.htm?view=38&news_id=1781&news=31
Info/Broken?: http://www.bostonbubble.com/link_info.php?id=3830

Subscribe to New Links: RSS Feed
Suggest a Link: New Topic
Back to top
View user's profile Send private message Visit poster's website
Renting in Mass



Joined: 26 Jun 2008
Posts: 381
Location: In a house I bought in December 2011

PostPosted: Wed Mar 28, 2012 1:02 pm GMT    Post subject: Reply with quote

Quote:
Condominium median selling prices in February were down 2.8 percent from the February 2011 median price... On a month-to-month basis, the median selling price of a condominium was down 10.2 percent from a January 2012 median of $247,750.

That's a big number...

Oddly, the Warren group says condo prices were up 4.7 percent (I assume that's YOY).

It's funny how the Warren Group article says this:
Quote:
Meanwhile, the Massachusetts Association of Realtors also issued a monthly report on the local housing market Wednesday. The association uses a slightly different method to track sales than the Warren Group does. But the results of this month’s reports were roughly similar.

I wouldn't call down 2.8 versus up 4.7 "roughly similar."
Back to top
View user's profile Send private message
admin
Site Admin


Joined: 14 Jul 2005
Posts: 1826
Location: Greater Boston

PostPosted: Thu Mar 29, 2012 12:37 am GMT    Post subject: Reply with quote

That 10.2% decline is month over month and the 4.7% decline is year over year (presumably). That's probably where the difference is coming from. I do wish that they had included something a little more precise than "roughly similar" in the other article.

- admin
Back to top
View user's profile Send private message Send e-mail Visit poster's website
Display posts from previous:   
Post new topic   Reply to topic    bostonbubble.com Forum Index -> News & Reference Suggestions All times are GMT
Page 1 of 1

 
Jump to:  
You can post new topics in this forum
You can reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


Forum posts are owned by the original posters.
Forum boards are Copyright 2005 - present, bostonbubble.com.
Privacy policy in effect.
Powered by phpBB © 2001, 2005 phpBB Group