Real Estate

Real Estate Sales Up in Burlington in 2012

Year shows an increase in home sales in Burlington.

 

The year 2012 was good for real estate in the town of Burlinton. It was also a bit better than 2011.

According to numbers recently released by the Warren Group, Burlington's single-family home sales were up by 43 percent as of November. Condo sales were also up 9 percent from the previous year. 

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Burlington 2011 sales 2012 sales Difference Single Family 137 196 43.07& Condo 33 36 9.09% Median Sale Prices (single family) $360,000 $387,000 7.24% Median Sale Prices (condo) $420,000 $354,500 -15.6% Middlesex County 2011 sales 2012 sales Difference Single Family 7928 9705 22.41% Condo 4195 5160 23% Median Sale Prices (single family) $390,000 $392,000 .51% Median Sale Prices (condo) $305,095 $310,000 1.61%

Burlington's increase in home sales puts it in the same trend as all of Middlesex County, which has seen a 22.41 percent increase in sales between 2011 and 2012.

Other towns experiencing an increase in single family home sales in 2012 include: Woburn (60.9%), Lexington (11.76%), Stoneham (29.55%), Winchester (12.22%) and Reading (28.33%).

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