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The Boston Globe

Business

Spring House Hunt

Stable market for home buyers, sellers

The real estate market can sometimes send out confusing signals. Last week newly released monthly data showed a surge in sales of single-family homes in February. But a deeper dive into the data yields a less startling result: the numbers haven't changed much in the past few years. The accompanying data by real estate firm Redfin shows how the housing market in the eastern half of Massachusetts performed over the last three years by four key measures.

An additional fact not on the charts: Redfin reports that the difference between the original or first listing price, and the sale price is itself narrowing as the market becomes busier. "As prices stabilize, people are not doing this overlisting" on price, said Alex Coon, Redfin's Boston manager. "More and more people now aren't charging too much, because it didn't do them any good. That means it's a healthier market."

NOTE: Data not available for all towns.


Days on market

  • 200 or more
  • 150 to 199
  • 149 or fewer

Median home price, March 2011-Feb. 2012

  • More than $600,000
  • $500,000 to $599,999
  • $400,000 to $499,999
  • $300,000 to $399,999
  • $200,000 to $299,999
  • Less than $200

Sale price to list price ratio, March 2011-Feb. 2012

  • 100% or more
  • 97% to 99.99%
  • 95% to 96.99%
  • Under 95%

Median price per square foot, March 2011-Feb. 2012

  • More than $300
  • $200-$299
  • $100-$199
  • Under $100


Median home price of Abington

Median home price 2009
$250,000
Median home price 2010
$275,000
Median home price 2011
$244,500
March 2011-Feb. 2012
$242,000

Days on market for Abington

Days on market 2009
131
Days on market 2010
135
Days on market 2011
151
Days on market March 2011-Feb. 2012
148

Median price per square foot Abington

Median price per square foot 2009
$175
Median price per square foot 2010
$179
Median price per square foot 2011
$165
Median price per square foot, March 2011-Feb. 2012
$165

Sale price to list price ratio Abington

Sale price to list price ratio 2009
102.0%
Sale price to list price ratio 2010
96.9%
Sale price to list price ratio 2011
95.4%
March 2011-Feb. 2012
94.9%

SOURCE: Redfin

Andrew Caffrey, Patrick Garvin, Daigo Fujiwara, Tom Giratikanon/Globe Staff

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