Home Sales Increased Somewhat Year-Over-Year In Wakefield

Home sales were up in Wakefield somewhat over the past year, according to new data from the Warren Group.

The real estate data company reported that at the end of July, there had been 23 home sales in Wakefield, compared to 17 for that same month in 2011.  This marked an increase of about 35%. Year to date, the end of July found that there had been 100 homes sold in Wakefield, a slight increase over the 94 recorded at the end of July, 2011.

Wakefield’s year to date median sale price was $371,250 at the end of July, compared to $366,450 in July of 2011. That was a gain of 1.31% over the past year.

There are a lot of good signs pointing toward a real estate recovery," said Cory S. Hopkins, editorial director of The Warren Group, publisher of Banker & Tradesman. "But, we are comparing sales to a very depressed market last summer, so it's important to step back and realign expectations."