Ipswich MA Condo Home Sales Report For 2nd Quarter 2013

Condo sales in Ipswich have improved. The Ipswich MA condo home sales report for 2nd quarter 2013 in this blog detail information on average sales, listing volume, and days on market for the last few years. Average selling prices offer useful information about the condition of the market, especially when compared to previous time frames. The volume of listings gives us an indication of market activity. Thirdly, the average days on market represents demand. When analyzed together, these three statistics will help you assess whether it is the optimal time to buy or sell a home, how long that process may take, and the price you are likely to pay.

Condo Real Estate Prices for Ipswich MA

2nd Quarter Average Price of Homes Sold

The average price in Ipswich MA for the 2nd quarter increased 11.76% from $316,300 to $353,494. This after it decreased -3.81% from $328,842 to $316,300. That after a 49.85% change. These figures show no consistent direction across the last few years.

2008 $245,991
2009 $220,080
2010 $219,454
2011 $328,842
2012 $316,300
2013 $353,494

2nd Quarter Volume Of Listings Sold

The Volume of listings sold in Ipswich MA for the 2nd quarter increased 21.43% from 14 to 17. This after it increased 100% from 7 to 14. Prior to that was a -46.15% change. These figures exhibit no consistent direction over the past few years.

2008 11
2009 10
2010 13
2011 7
2012 14
2013 17

2nd Quarter Average Days On Market

The Average days on market in Ipswich MA for the 2nd quarter increased 63.36% from 131 to 214. During the previous period, it increased 65.82% from 79 to 131. Before that was a 5.33% change. This shows a continual increase during the past 4 years.

2008 114
2009 223
2010 75
2011 79
2012 131
2013 214

Ipswich MA Condo Home Sales Report For 2nd Quarter 2013

For additional Ipswich MA condo home sales report for 2nd quarter 2013 or details for neighboring cities and towns, please contact John Wells, REALTOR at Wellsco Realty by calling 978-518-1481 or emailing teamjohn@johnpwells.com. Note: These statistics were obtained from third party sources including county records and the MLS Property Information Network, Inc. It is intended to provide a general overview of the real estate market, are not guaranteed, and may not necessarily include every condo sold in Ipswich.

About Editor-John P. Wells

I am a resident of Newburyport and have worked in education, high tech and urban development. My interests in architecture and construction are invaluable to my clients. For more information please visit the Wellsco website.