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October 2013 Market Report for Milton MA

The Milton MA Real Estate Market for the October 2013 shows increase in sales and prices compared to October 2012. 
 
From October 1, 2013 - October 31, 2013, there were 16 single family homes sold in Milton, MA*. The lowest priced home sold for $340,000.00 and the highest priced home sold for $1,249,039.00. The average sales price for this period was $670,946.00.  
 
October 2013 sales were up over October 2012.  October tends to be a slower month in real estate sales.  The numbers show a bit of a roller coaster for Milton real estate sales in October.  The chart below shows home sales in Milton for the month of October over the past five years.  
 
milton ma real estate

 
Home prices for October 2013 were up from October 2012.  Below is a chart showing average sales prices in Milton for the month of October over the past five years. You can see that October 2013 saw the highest average sales price for the past five years.  
 
milton ma real estate chart

 
What does that mean for buyers? The Milton MA Real Estate Market remains strong, with prices and sales remaining fairly steady.  It continues to be more of a Seller's market with housing inventory remaining low.   As of November 21, 2013, there were 64 homes listed for sale in Milton.
 
However, having a strong preapproval letter from a reputable lender and working with an experienced buyers agent who knows the local market will put you in a strong position.  Rates, while fluctuating still are very low.  The market typically slows down a little in the fall, making it a good time for buyers who are looking for a little less competition.
 
Being named in 2011 as the second best small town in the United States, plus proximity to Boston, access to public transportation, good schools and outdoor reacreational opportunities all continue to keep Milton MA as a desirable place to live. 
 
The birthplace of the American Revolution with the signing of the Suffolk Resolves, Milton MA celebrated its 350th anniversary in 2012.
 
Are you ready to call Milton MA your home? Contact your Milton MA Buyer Broker for a complete listing of single family homes for sale in Milton MA.
 
*All data is courtesy of the MLS Property Information Network, Inc. Homes sold outside of the MLS are not inlcuded in those numbers.
 
 
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The content provided on this blog is presented or compiled for your convenience and is provided for informational purposes only. The information provided on this website should not be construed as offering legal, financial or other advice to be relied on by the reader to make or refrain from making any decision or to take any action. 

 

Christine Smith is an Attorney and Exclusive Buyer Agent with over 25 years of experience in the real estate field. 

 

(c) Copyright 2010-2015 Christine M. Smith, Attorney and Buyer Agent. All rights reserved.

Comment balloon 2 commentsChristine Smith • November 21 2013 12:11PM

Comments

Christine

The October 2013 real estate market report for Milton Massachusetts is showing forward moving real estate market.

Good luck and success.

Lou Ludwig

Posted by Lou Ludwig, Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC (Ludwig & Associates) almost 5 years ago

Christine - Thank you for sharing an excellent blog about October 2013 market report for Milton, Massachusetts.

Posted by John Pusa, Your All Time Realtor With Exceptional Service (Berkshire Hathaway Home Services Crest) almost 5 years ago

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