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.
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.
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.
*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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