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Area Home Prices Just Keep Increasing…

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February 3, 2017 By Journal Staff By Sue Ellen Woodcock The real estate market showed median home sale prices have increased between 8 to 21 percent in the Revere, Winthrop, Chelsea, East Boston, Everett and Lynn. Revere single family home sales price comparing 2015 to 2016 were up eight percent from $330,000 to $356,250. There were 244 sales in 2016 and 196 in 2015. In the condo market there was a 44 percent increase in condo sales, from 134 in 2015 and 193 in 2016. The median condo sales price was down by 6.6 percent from $289,000 to $270,000.00. According to the Massachusetts Association of Realtors, Winthrop single family home sales price comparing 2015 to 2016 is up 10.7 percent, or $375,000 to $415,000. There were 89 sales in 2015 and 79 sales in 2016. Winthrop condominium prices were up 3.5 percent from $285,000 in 2015 to 295,000 in 2016. …

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