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John Guiney e-PRO, CBR

The great Tip O'Neill once said,

"all politics is local." Well, had Tip been in real estate he would have said the same thing. There is a housing crisis in America but it is not pervasive in all areas of the country. Here in Quincy things are starting to pick up after last years credit crunch and this years oil price surge. To all you buyers out there, now is a great time before the Federal Reserve will be forced to raise interest rates. And for all you sellers out there, see above and do not be greedy with your asking prices. Let's help this economy and take some of the glut off the market!

Market Statistics For Quincy Single Family Homes

Here are the Single Family Market Statistics for the Month ending February 7th, 2007 gathered from the area's multiple listing service.

Price Range# ofAvg. DaysAverageAverageSP:LPAverageSP:OP
Listingson MarketSale PriceList PriceRatioOrig PriceRatio
$0 - $49,99900$0 $0 0$0 0
$50,000 - $99,99900$0 $0 0$0 0
$100,000 - $149,99916$126,575 $120,000 105$120,000 105
$150,000 - $199,999158$192,000 $199,900 96$232,500 83
$200,000 - $249,9992161$202,500 $229,750 88$261,000 78
$250,000 - $299,9994111$289,750 $304,925 95$327,175 89
$300,000 - $349,9993127$319,667 $344,600 93$363,233 89
$350,000 - $399,999480$361,875 $384,700 94$408,200 89
$400,000 - $449,999147$430,000 $445,000 97$475,000 91
$450,000 - $499,99900$0 $0 0$0 0
$500,000 - $599,99916$555,000 $589,900 94$589,900 94
$600,000 - $699,999178$600,000 $749,900 80$899,900 67
$700,000 - $799,9991107$745,000 $779,900 96$779,900 96
$800,000 - $899,99900$0 $0 0$0 0
$900,000 - $999,99900$0 $0 0$0 0
$1,000,000 - $1,499,99900$0 $0 0$0 0
$1,500,000 - $1,999,99900$0 $0 0$0 0
$2,000,000 - $2,499,99900$0 $0 0$0 0
$2,500,000 - $2,999,99900$0 $0 0$0 0
$3,000,000 - $3,999,99900$0 $0 0$0 0
$4,000,000 - $4,999,99900$0 $0 0$0 0
$5,000,000 - $9,999,99900$0 $0 0$0 0
$10,000,000 - $99,999,99900$0 $0 0$0 0
Total Properties19Avg. 93$348,372 $375,600 94$402,653 88
Lowest Price: $126,575Median Price: $325,000
Highest Price: $745,000Average Price: $348,372
Total Market Volume: $6,619,075