Tewksbury Home Sales Stay Strong In January, Better Than State Trend
Mar 04, 2015 09:32AM ● Published by Bill Gilman
The Warren Group, publishers of Banker and Tradesman magazine, recently released its figures for sales of single-family homes and condos for the month of January.
According to the report, sales of single-family homes in Tewksbury rose by a modest 5.56 percent in January 2015, compared to January 2014. By comparison, sales dropped statewide by two percent, marking the first decrease since Septermber 2014.
The average price of a home sold in January in Tewksbury, on the other hand, was $310,000, down 7.45 percent over a year ago. Sale prices across the state actually rose by 1.6 percent, to $320,000.
Sales of condo units were not nearly as strong in January. Condo sales in Tewksbury dropped a whopping 30.77 percent compared to January 2014, although the prices of the condos that did sell were up by more than 60 percent.
Condo sales across the state saw a drop of 10 percent in January, while prices remained virtually unchanged.