Friday, January 18, 2008

Final 2007 Numbers Are In

Here are the final 2007 sales figures for various local towns as reported in the January 14 issue of Banker & Tradesman. Data is for single-family homes only.

Median Sale Price

Abington - $290,500 (-6% from 2006)
Avon - $267,500 (-9%)
Braintree - $355,000 (-4%)
Brockton - $223,000 (-17%)
Holbrook - $266,000 (-12%)
Randolph - $282,000 (-12%)
Weymouth - $310,550 (-6%)


Total Number of Sales

Abington - 115 (-4%)
Avon - 44 (-12%)
Braintree - 288 (-15%)
Brockton - 641 (-30%)
Holbrook - 103 (-31%)
Randolph - 275 (-26%)
Weymouth - 444 (-10%)

As you can see, every town saw a decline in both the median sale price AND the total number of homes sold. Our hometown of Holbrook was particularly hard hit, with prices down 12% and the total number of sales down 31%.

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