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Business

September 16, 2012

Real Estate News in Brief

KEENE — Paul Redmond and Deni Oven have been recognized as being in the Better Homes & Gardens The Masiello Group Top 20 Realtors for sales and marketing performance during the month of June 2012. This recognition is earned each month by the company’s top 20 Realtors out of the group’s more than 500 Realtors throughout northern New England.

To learn more about Better Homes and Gardens Real Estate The Masiello Group, visit masiello.com.

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KEENE — Jane Costello has been recognized as being in the Better Homes & Gardens The Masiello Group Top 20 Realtors for sales and marketing performance during the month of July in the Windham office. This recognition is earned each month by the company’s Top 20 Realtors out of the group’s more than 500 Realtors throughout northern New England.

To learn more about Better Homes and Gardens Real Estate The Masiello Group, visit masiello.com.

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MERRIMACK & NASHOBA VALLEYS — The Northeast Association of REALTORS (NEAR) reports that single family home sales during July in the 15 cities and towns from Boxford to Littleton climbed by 38.3 percent compared with July of last year, while the number of condominiums sold soared by 60.5 percent during the same period. Year-to-date, sales of both property types were up by more than 20 percent, with a 26.2 percent increase in single family home sales and a 23 percent gain in condominium sales. Compared with June, transactions in July were up for single family homes by 6.2 percent, and condominium sales month-to-month were basically flat, down by 0.8 percent. The report is based on data from MLS Property Information Network in Shrewsbury.

The report also reflected increases in the median sales price for both single family homes and condos sold locally during July, compared with July of 2011. Specifically, the median price for single family homes sold in July was $330,000, a 3.4 percent increase versus last July, but a 5.7 percent drop over June’s median price of $349,950. For condominiums sold in July, the median price of $197,000 is an increase of 6.5 percent compared with last year and a jump of 14.5 percent versus June’s median of $172,000.

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