Monday, May 6, 2013
Home prices continuing to rebound across the state.
The housing market in Tewksbury and Wilmington is remaining strong, despite signs of a decline in other parts of the state, according to information provided in a recent report by The Warren Group. Meanwhile, home prices continued to rebound, climbing steadily across the state. The trend seems to be the result of a decrease in available housing stock. Sales of single-family home in Massachusetts dropped 3.6 percent to 3,100 in March, down from 3,215 in March 2012. This is the second consecutive monthly decrease. It should be noted, however, that March home sales in the Bay State were the highest in any month so far this year. "Low inventory is plaguing housing markets all over the country, and Massachusetts is no exception," said David …
Thursday, April 4, 2013
Each week we keep track of the Merrimack Valley Real Estate Market by tracking the homes that have sold in Wilmington and Tewksbury.
Looking to buy a home in Tewksbury or Wilmington and want to compare prices? Or, maybe you're just curious how much that home next door went for? Every Thursday we offer a listing of homes recently sold. Check back tomorrow for homes holding open houses this weekend. Check out the Tewksbury Patch Real Estate Section! We've got homes on the market, homes that have been sold, an interactive real estate map to aid your search and even a mortgage calculator! Click here to check it out!
Home sales were also down across Massachusetts last month, which The Warren Group attributed to low inventory.
Low inventory and a comparison with a strong previous year of sales led to a dip in home sales in Tewksbury and across Massachusetts in February, according to The Warren Group. Fifteen single-family homes sold in Tewksbury in February, compared to 17 sold in February 2012. Statewide single-family home sales dropped five percent year-over-year, reversing 13 straight months of rising sales volume according to The Warren Group. Timothy M. Warren Jr., CEO of The Warren Group, cited low inventory and last year's strong sales in a press release. "Even so, I'm still hopeful for a strong spring market," Warren said in the release. "As more sellers list their homes in the spring, activity will pick back up." So far this year, 27 single-family …
Thursday, February 14, 2013
Recently sold properties in the Tewksbury area.
Flip through the photo gallery to see what homes or condos sold in your area recently. Realtors: Add your photos of recently sold homes to this gallery! It's easy—just sign into your Tewksbury Patch account. Click the "Upload Photos & Videos" button below the photos and follow the directions. The property's address, sale price, listing agent and other details can be included in the photo's caption. Check out our Real Estate section, which has a mortgage calculator and all the latest local real estate news.
Monday, December 31, 2012
Massachusetts home sales enjoy the strongest November since 2005.
Reflecting a statewide trend, sales of single-family homes and condos continued to surge in Tewksbury during the month of November. As an added bonus, the prices of the homes being sold also showed a sharp increase during November. According to information published by The Warren Group, 26 single-family homes sold in Tewksbury in November, that's a 52.9 percent increase over November 2011. As of Nov. 30, 236 single-family homes had been sold in Tewksbury in 2012. That's an increase of 37.2 percent over the same time period in 2011. The median price for homes sold in November was $283,500. That's up 6.2 percent over November 2011. The numbers are just as strong across the state, with Massachusetts enjoying its strongest November home sales …
Friday, November 30, 2012
With prices and interest rates low, sales of single-family homes and condos are booming in the Bay State.
House hunters looking for bargains are having a field day in Tewksbury and across Massachusetts, as the once-floundering housing market continues to rebound in a huge way. According to statistics published by The Warren Group, 19 single-family homes sold in Tewksbury in October. That's a jump of 72.3 percent over October 2011. A total of 212 single-family homes have sold in Tewksbury in 2012 (through Oct. 31). That represents a whopping 36.8 percent increase over the same 10-month time period from 2011. The news is just as good in the condo market. According to The Warren Group, eight condos sold in Tewksbury in October. That's a 100 percent increase from October 2011. Through Oct. 31, 114 condos had sold in Tewksbury in 2012, a leap of 60…
Friday, October 12, 2012
Keep track of the ever-changing Tewksbury real estate market.
Are you a realtor and want your listing featured? Add your photo and information to our gallery of homes holding open houses this weekend. Check out the Tewksbury Patch Real Estate Page. You'll find homes for sale and recently sold properties, as well as mortgage calculator and an interactive map to help find the home of your dreams. Click here to get started.
Wednesday, October 10, 2012
Bits of knowledge to help make you the smartest person in the cafeteria.
Here are five pieces of information designed to help you get past the hump this Wednesday and to help make you the smartest person in the pumpkin patch. 1. Your 3-Day Local Weather Forecast: According to the NWS, there is a slight chance of showers after 3pm. Mostly cloudy, with a high near 64. Light and variable wind becoming south 5 to 7 mph in the morning. Chance of precipitation is 20%. 2. Reader Comment of the Day: "Ah, more of the creme de la creme of Tewksbury. I must say, reading the police blotter does do wonders for my self esteem." Reader Dirk Anderson, commenting on the article, "Girlfriend Allegedly Steals Mom's Jewelry, Smash-N-Grabs Plague Businesses." 3. Quote of the Day: "One more month of strong home sales confirm …
Tuesday, October 9, 2012
Both single-family home sales and condo sales in Tewksbury showed huge year-over-year increases in August, while state sales also climbed higher.
While Massachusetts single-family home sales climbed to their highest level in two years in June, Tewksbury home sales increased at an even highher rate, according to the latest figures from The Warren Group. In August, 25 single family homes were sold in Tewksbury, that's an increase of a whopping 79 percent over August 2011. As of Aug. 31, 172 single family homes had sold in Tewksbury in 2012. That's an increase of 42 percewnt over the same time period a year ago. Meanwhile, statewide sales rose almost 20 percent in August, with 5,118 single-family homes sold up from 4,262 a year earlier. Second quarter home sales across Massachusetts totaled 13,560, a 28 percent increase from 10,595 in the second quarter of 2011, The Warren Group said …
Tuesday, September 18, 2012
While foreclosure petitions have increased, actual foreclosure auctions have dropped.
While a recent wave of home sales in Tewksbury has served to indicate a positive trend for the local real estate market, the latest Warren Group Foreclosure Report had mixed results locally. There were four foreclosure petitions filed on Tewksbury properties, bringing the total for 2012 to 50. There were also four petitions filed in July 2011 but as of July 31, the yearly total was just 33. The news is better for foreclosure auctions. There was just one foreclosure auction in Tewksbury in July, bringing the total for 2012 to 31. A year ago, there were five foreclosure auctions in July, bringing the 2011 total to 36. There have been 13 foreclosure deeds filed in 2012, as of July 31. That's down from 18 at the same point last year. Statewide…