Statistics at this time of year can be very misleading because it is such a short time span, and it is traditionally a "ramping up" time for a busy spring market. Also, we remember that that market was very slow at this time last year, so that skews the numbers as well. What I will say though, is that the market is very brisk and agents are very busy. This will be a very busy spring market, for sure. I am not sure if we are going to see price increases or not, but for sure it will be busy.
Here are the monthly statistics for January, 2010.
| K-W This Month | K-W Last Year | Cambridge This Month | Cambridge Last Year |
Avg. Sale Price | $ 278,825 | $248,215 | $278,527 | $239,405 |
Percentage Change | +12.3% | | +16.3% | |
Properties Sold | 416 | 254 | 140 | 106 |
New Listings/Sales Ratio | 47.4% | 28.9% | 32.7% | 22.6% |
Properties For Sale Now | 884 | 1323 | 695 | 876 |
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