Friday, February 05, 2010

January 2010 Monthly MLS Statistics

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 MonthK-W Last YearCambridge This MonthCambridge Last Year
Avg. Sale Price$ 278,825$248,215$278,527$239,405
Percentage Change+12.3%+16.3%
Properties Sold416254140106
New Listings/Sales Ratio47.4%28.9%32.7%22.6%
Properties For Sale Now8841323695876

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