Thursday, September 17, 2009

Quincy Housing Statistics for August 2009

The Quincy Real Estate Market has been very active since May after starting the year off slowly.

The Numbers for August are:

Single Family:

Number of Homes Sold: 43 Average List Price: $355,997
Average Sold Price: $341,946 Average Days on the Market: 110.42

There are currently 75 Single Family homes pending in Quincy, and there are 170 Active Listings with and average list price of $431,305 due to the fact that the lower priced homes have gone under agreement or sold as First Time Buyers are taking advantage of the $8,000 Tax Credit. This means at the present moment there is a 3.95 month supply of homes on the market in Quincy. This is the lowest level we have seen in many months.


Condos:

Number of Sales: 29 Average List Price: $251,832
Average Sold Price: $238,538 Average Days on the Market: 58.66
Average per Square Foot: $248

There are currentlt 15 Condos pending in Quincy and 181 Active Listings,meaning a 6.24 Month Supply of Condos on the Market. The average list price of the active Condos is $311,813, again due to the First Time Buyer activity.


Multi Family:

Number of Homes Sold: 12 Average List Price: $385,667
Average Sold Price: $380,917 Average Days on the Market: 31.92

There are currently 7 properties pending and 56 Active Listings meaning a 4.67 Month Supply of homes on the market.

For Quincy Statistics from January through July, CLICK HERE

Statistics from MLSPIN.