Home sales in Wakefield have posted a noticeable gain over
last year, according to new data from the Warren Group.
The latest monthly report found that during the month of August, 31 homes were sold in Wakefield, compared to 24 for that month last year. This marks a gain of about 29%.
Year to date, 147 homes were sold as of the end of August, 2013 in Wakefield. Last year at that time, the figure stood at 124, for a gain of more than 18%.
The median sales price in Wakefield as of the end of August was $407,000, up more than 7% from last year, when it was $379,175 at the end of August.
The busy summer selling
season is coming to an end, but probably the year-to-year comparisons will stay
strong for a while longer. This is further evidence of a strong market, and
another great recovery year in real estate," said The Warren
Group CEO Timothy M. Warren Jr.