The Waltham, Massachusetts condominium market data reports 50 condos sold in 2010 as compared to 114 in 2009. This represents a 56% decrease in the number of condos sold. This is a major turnaround from the second quarter where sales increased 25%. The second quarter reflects activity due to the $8500 tax credit which was an incentive to buyers. Homebuyers may have moved to buying homes as they have become more affordable and financing is easier.
The average sales prices for Waltham MA condos changed from $324,161 in 2009 to $320468 in 2010, a 1% decrease in value. The Q2 average sales prices were in the same range. The days on market changed 26 % from 73 to 92.
Visit Waltham Massachusetts real estate market report Q3 2010 for information containing activity for single family homes.
Data for the Waltham, Massachusetts condominium report was compiled by Virtual Homes Real Estate using information from the MA statewide MLS (MLSPin) and is not guaranteed to be accurate.
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