B+A Greater Boston

SAlES rEport Massachusetts Single-Family Home Sales Back Up in May as Prices Continued to Climb t he massaChusetts assoCiation of Realtors (MAR) recently reported that sales were back up in May after a couple of months of declines. Median prices continued their upward trend, hitting eight straight months of increase in May. Condominium sales also Builder: Hamilton Construction Management Corp. Congratulations on being chosen "Builder of the Month" closed up while median prices ticked down. "We knew the buyers were out there in the late winter/early spring, and now we're seeing the results of that activity," says 2013 MAR President Kimberly Allard-Moccia, broker-owner of Century 21 Professionals in Braintree. "With each month of sales and price increases, we should begin to see the number of homes for sale start to increase, which is good for the market." There were 4,775 detached single-family homes sold this May, an 8.5% increase from the 4,383 homes sold the same time last year. On a month-to-month basis, home sales were up 36.3% from 3,488 homes sold this past April. The median selling price for single-family homes in May was $325,000, which was up 8.7% from $299,000 in May 2012. This makes the eighth straight monthly year-over-year increase. On a month-to-month basis, the May median selling price went up 3.8% from $313,000 in April 2013. There were 1,996 condominiums sold this May, an 11.6% increase from the 1,788 condos sold the same time last year. This is the 17th straight month of year-over-year increases. On a month-to-month basis, condominium sales were up 30.1% from 1,534 homes sold this past April. The median selling price for condominiums in May was $290,000 — down 1.7% from the $297,000 median price in May 2012. This was the first decrease after 14 straight months in which median prices were either up or flat from the year before. On a month-to-month basis, the May median selling price was up 1.4% from $286,000 in April 2013. n AdvErtiSErS' indEx • FIRE SPRINKLER AND FIRE ALARM TESTING • MAINTENANCE • REPAIRS • SYSTEM MODIFICATIONS AND ALTERATIONS • 24 HOUR EMERGENCY RESPONSE • FIRE ALARM MONITORING 500 Lincoln Street Allston, MA 02134 T: 617.903.3191 F: 617.9189 www.clarionfire.com 32 | GrEAtEr boSton Builder+architect Boston.BuilDerarChiteCt.Com Best tile ...................................inside Back Cover Black magic Chimney & Fireplace ...................... 5 Camio Custom Cabinetry ................................29 Cape Cod lumber ...........................................33 Clarion Fire Protection solutions ......................32 Galway electrical Co. inc. ................................34 George Washington toma tv and appliance ........................................27 JC Plumbing ....................................................28 Pella .................................................. Back Cover BraGB ............................................................30 rrG Drywall & Painting ...................................31 save-on-Wall Company, inc. ...........................32 simonton Windows ................inside Front Cover tiles By Perfection ...........................................25

• Cover