HOUSING

Bristol County home sales fall in March

DATA COURTESY THE WARREN GROUP
HOME SALES in Bristol County, Mass, fell 12 percent in March compared with the same period last year.
Posted 4/24/12

BOSTON – Single family home sales in Bristol County, Mass, fell 12 percent in March compared with the same period last year while the median sales price rose 3 percent, The Warren Group said Tuesday.

The real estate tracking firm reported 192 single-family homes sold in Bristol County during March, down from 219 in March of 2011.

The March median sales price in the county rose to $216,000, up from $210,100 last March.

The Bristol County sales figures ran against the statewide current, as total Massachusetts single-family home sales jumped 19 percent in March, ending the strongest first quarter of sales since 2007.

While sales volume rose, the statewide median sales price dropped 3 percent to $260,000.

“Starting the year with a strong first quarter is a good indicator of things to come," said The Warren Group CEO Timothy M. Warren Jr.

“After such a depressed year of sales in 2011, we're likely to see more positive year-over-year comparisons in months to come," he added. “The market has a good head of steam built up right now."

In other areas of the market, Bristol County condominium sales dropped 8 percent in March compared with 2011. The median condominium sales price dropped 21 percent to $112,500.

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