Newburyport MA sits along the Merrimack River about an hour north of Boston. This is a thriving community with unique shopping, fine dining, arts and culture and breathtaking scenic beauty. This is also a community with a rich history, which you will see all around you.
The Newburyport MA real estate market report provides useful insights into the average price of properties sold condominium on a yearly basis.
Newburyport MA condominium Average Price Of Properties Sold
The average price of condominiums sold in Newburyport MA for the entire year increased 4.23% from $325,816. (in 2009) to $339,594. (in 2010). This after it increased 1.11% from $322,252. (in 2008) to $325,816. (in 2009). Prior to that there was a -3.45% change. This shows a fairly steady price point for the average condominium sold over the past few years.
Average Price Of Properties Sold – Condominium – Entire Year
Newburyport MA Real Estate Market Report Summary
Now that you have seen the details on the Newburyport MA average price of properties sold, you have a better understanding that condo sales prices have stayed fairly consistent with a slight increase from 2008 – 2010. What is going on? Proposed development along the Merrimack River and Downtown area are said to be positioning Newburyport MA for a dramatic market change. Increasing downtown commerce, an ease of access to Boston and the beauty of the community – prices are expected to rise. If you are interested in living in this growing community – now is the time to buy in Newburyport MA.
For more information on the proposed Newburyport MA development and surrounding towns please visit johnpwells.com