Wrentham, Norfolk and Plainvile Home Sales Up in June, State as Well

The King Philip Region saw increases in home sales across the board along with the state in June.
In June 2013, 16 homes were sold in Wrentham compared to 12 during June 2012. Year to date house sales were also slightly down from 52 in 2012 to 50 this year.
Median prices in Wrentham for home sales saw a decrease in June but a huge increase from the year to date prices.

In June prices decreased from $385,000 in 2012 to $380,000 in 2013. Year to date prices went up 39.24 percent from $291,753 to $406,250.

Plainville saw similar increases, with eight homes sold in 2013 as apposed to five in 2012. Year to date sales are also up from 29 in 2012 to 34 this year.

June median prices in Plainville went up as well, from $295,900 to $341,000.

Norfolk, on the other hand, saw very high increases in both sales and prices. In June 2012 11 homes were sold as apposed to 24 this year. Year to date sales also went as at this time last year 39 houses had been sold as this yaer saw 62.

Home median sale prices went up as well in June 2013, with the median price going up 18.29 percent from $410,000 to $485,000.
Statewide, single-family home sales rose one percent in June, the second straight month of increases. A total of 5,591 single-family homes sold in June, up from 5,535 a year earlier. This marks the best month for sales since June 2010, when there were 5,662 sales.
Second quarter home sales totaled 13,915, a 2.2 percent increase from 13,616 in the second quarter of 2012. 
"The housing market continues to boom locally, and nationally," said The Warren Group CEO Timothy M. Warren Jr. "As long as mortgage rates and home prices don't spike too high, we'll see a very strong recovery year for the market in 2013."
Year-to-date home sales statewide are up 0.12 percent. From January to June, a total of 21,659 single-family homes have sold, compared to 21,633 during the same period a year ago. 
For the ninth consecutive month, year-over-year home prices increased. The median sale price of single-family homes statewide increased almost 9 percent to $350,000 in June, up from $321,800 in June 2012. The year-to-date median sale price rose more than 12 percent to $315,000, up from $281,000 during the same period last year. Quarterly prices increased more than 10 percent to $330,000, up from $299,700 during the second quarter 2012.