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
