March, 2011 Real Estate Statistics in Middlesex County

In Middlesex County, the average sale price for one family homes through March, 2011 was $315,719 which is 5.1% less than 2010 and closed sale transactions were down 3.3%. The results for condos and townhouses for the same time period for average sale price were $244,905, down 5.7%, and closed sale transactions were down 11.3%.

Closed sales in this time period result from sale contracts originated in October through early February. Mortgage interest rates did jump slightly in December, 2010 , but dropped back in late January. Yes, the winter was colder and there was more snow this year, which would definitely affect home buyer activity.
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