Written by Milton Real Estate Expert, Maeve Hart.
The lazy days of summer typically bring a dip in real estate inventory. This has been the case both this summer and last. Here is a breakdown of the Milton market compared to last year at this time. With home values on the rise and no shortage of eager and qualified buyers, our local market has remained steady and it is still a seller’s market!
The median home price in August 2014 was $734,000. This year it is up significantly to $769,000.
In August of 2014 Milton had 70 single family homes on the market. This August there are 67 active single family listings. This does show a slight dip in inventory compared to this time last year. The median home price in August 2014 was $734,000. This year it is up significantly to $769,000, a reflection of the escalating home prices that has been the trend in 2015.
Homes New to Market This Week:
This past week seven single family homes and two condos came on the market. View a sample of some of the new homes:
Data Source: MLSPIN
Listing and sales information comes from various sources and may not always be accurate. No representation or warranty is made as to the accuracy of this information. You should verify any information that is important to your buying decision.
About our Expert:
Maeve Hart is a realtor at William Raveis Real Estate.
If you are interested in receiving a more detailed, monthly housing update, please email me at [email protected].
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