Weston Home Sales Up 28 Percent in 2012
The median price of homes in Weston increased by 9 percent.
Weston saw a 28 percent increase in single-family home sales in 2012, according to statistics gathered by the Warren Group, the Boston-based real estate and banking information publishers for New England.
Year-end numbers show Weston at 163 single-family home sales, compared to 127 sales in 2011.
In December alone, 12 single-family homes were sold in Weston, a 100 percent increase over the number sold in December 2011.
According to a Warren Group press release, 2012 Massachusetts home sales were the highest in six years, increasing 18 percent in 2012. In all of 2012, the total number of homes sold statewide was 46,887, an increase from 39,594 home sales in 2011.
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In addition to sales, median prices for single family homes in Weston rose in 2012, increasing from $1,150,000 in 2011 to $1,250,000 in 2012, or a 9 percent jump.
Statewide, median price for homes sold January through December was up to $300,000, a 12 percent increase from $267,250 the prior year.
Condominiums sales in Weston were also on the rise in 2012. At the end of 2012, 18 condos had been sold in town, compared to 10 in 2011, an 80 percent increase.
Unlike the single-family homes, the median condo price fell -- by 11 percent from $465,750 to $416,750.