Avenue 3takes a look at closed sales for the past month of March as it compares to the same time period last year. The good news is 2011 real estate sales are up in most of the towns and cities we track. This March, Boston closed sales are up by 123 transactions from 2010, Arlington 8 and Cambridge 11.
Interest rates and listing prices are lower than last year which could account for some of these numbers, however, in the Concord, Lexington and Lincoln where the average list price for single family home is around $1,376,813 the number is down by 16 transactions.
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total number of CLOSED transactions for all property categories March, 2011 vs March, 2010
First # Closed properties March, 2011, Second # Closed properties March, 2010...