Overall Quincy, MA looks to be poised for a recovery based on the 2012 Q1 numbers relative to Q1 2011. While the median price for a home fell by 4%, the total sales volume increased by 24%. This is a healthy sign that the market will soon recover. As more buyers look to purchase residential homes, the inventory will continue you to shrink and hopefully a reduced supply , coupled with strong demand will begin to yield increased home values. It will be interesting to see what the Q2 numbers look like for Quincy MA in 2012. You can view the full report below.
Q1 2012
Lowest Price: $97,001Median Price: $284,375
Highest Price: $1,225,000Average Price: $297,303
Total Market Volume: $49,946,855
Total Properties Sold: 168
Q1 2011
Lowest Price: $10Median Price: $296,000
Highest Price: $1,050,000Average Price: $309,452
Total Market Volume: $42,085,536
Total Properties Sold: 136
Tags: Quincy Homes, Quincy MA, Quincy Market, Quincy Property, Quincy Real Estate