Belmont Reverse State Trend As Home Sales Rise, Median Prices Fall

Median sales price dropped from $717,500 in Jan. 2011 to $617,500 in Jan. 2012 in Belmont.

Statewide home sales have bounced back a bit after a 5 percent dip in December, according to a recent report from The Warren Group. Single-family home sales rose more than 3 percent in January 2012, according to the report, while the median price dropped nearly 4 percent; median prices have dropped consecutively for the past four months. In total, 2,425 single-family homes sold across the state in January, up from 2,348 in January 2011. The median sale price, however, decreased by 3.7 percent, or $260,000. The median price in January 2011 was $270,000. In Belmont, the number of single-family homes sold rose from four in January 2011 to six in January 2012. Adding to that, the median sales price per home dropped from $717,500 in January …

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What Homes Sold in Your Neighborhood This Week: Feb. 16-22

A sampling of homes that have been sold in the local area during the last week.

Click on the photo at right to look at a photo gallery of homes that sold in local communities from Feb. 16-22. The same information without photos is available below in an easy-to-scan list. In the market for a new home? Be sure to check out our House Hunt column on Fridays for open houses in your area.    ARLINGTON Address: 15 Murray St. List Price: $579,000 | Sale Price: $565,000 | Style: Colonial | Living Area: 1396 Sq. Ft. | Garage: 1 | Parking: 2 | Rooms: 6 | Bedrooms: 3 | Baths: 2 Full | (Listed by Paula Luciano of Coldwell Banker Residential Brokerage - Arlington, Sold by Leonard Creiger of Century 21 Commonwealth)   Address: 66 Hutchinson Rd. List Price: $585,000 | Sale Price: $500,000 | Style: Ranch | Living Area: 2120 Sq. Ft. | …

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