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Follow on Google News | ![]() Lexington, MA Home Prices Rise, Sales Flat May 2011Lexington, Massachusetts home prices rose as sales stabilized in May 2011 compared to May 2010, according to data analyzed by exclusive buyer agent real estate firm Buyers Brokers Only, LLC.
By: Richard Rosa The real estate market data were compiled using MLS Property Information Network, Inc, a local multiple listing service. The median price of single-family homes increased 5.1 percent in May 2011 compared to the previous year, a difference of $36,500. Single- Condominium sales in Lexington, MA also were flat in May, with four sales each May. The median price of condos increased 41.1 percent in May 2011, a difference of $183,750 compared to May 2010. There were zero multi-family homes sold in May 2011 in Lexington, MA, down from one sale the previous year. Lexington, Massachusetts Real Estate Market Sales / Median Price Single-family homes May 2010 – 37 / $720,000 May 2011 – 37 / $756,500 Condominiums May 2010 – 4 / $447,500 May 2011 – 4 / $631,250 Multi-family homes May 2010 – 1 / $575,000 May 2011 – 0 / $0 Search For Homes For Sale In Lexington, Massachusetts (http://www.buyersbrokersonly.com/ # # # About Buyers Brokers Only, LLC: Buyers Brokers Only exclusively represents home buyers, providing real estate advice and legal counsel (through our lawyers' law offices) at no additional cost to its clients throughout Massachusetts and New Hampshire. http://www.BuyersBrokersOnly.com End
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