2012 Data Indicates Chelmsford Home Sales Rise
Home sales across the Commonwealth were the highest in six years according to the Warren Group.
According to information released by the Warren Group last month, home sales rose 18 percent across Massachusetts in 2012, with Chelmsford home sales outpacing that growth.
For the year, the Warren Group's report indicated 46,887 homes were sold statewide, up from 39,594 in 2011.
In Chelmsford, 2012 saw 312 sales, up from 259 the year before, with the median home sale going up slightly from $311,900 to $315,000 in 2012.
"I would characterize 2012 as the year of robust recovery in the real estate market," said Timothy M. Warren Jr., CEO of The Warren Group. "It is clear we have turned the corner and are gaining ground rapidly. I contrast the 18 percent gain last year with the decline of 6 percent in 2011."
However, Chelmsford's condo sales went down in 2012, with 106 sales versus 113 in 2011, with the median sale price dropping from $195,000 in 2011 to $178,625 in 2012.
For more information on which homes sold each week, check out our Real Estate section.