{"id":1004053496,"date":"2011-10-30T11:29:56","date_gmt":"2011-10-30T19:29:56","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=22385"},"modified":"2022-12-06T08:05:31","modified_gmt":"2022-12-06T16:05:31","slug":"condo-prices-rise-statewide-as-volume-slips-warren-group","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/condo-prices-rise-statewide-as-volume-slips-warren-group\/","title":{"rendered":"Condo Prices Rise Statewide as Volume Slips: Warren Group"},"content":{"rendered":"<p style=\"text-align: justify\">By Veronica Grecu, Associate Editor<\/p>\n<p style=\"text-align: justify\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2011\/10\/warren_group_logo.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-22396\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2011\/10\/warren_group_logo.jpg\" alt=\"\" width=\"250\" height=\"140\" \/><\/a><\/p>\n<p>Condominium sales in the Bay State demonstrated the classic \u201cgood news, bad news\u201d syndrome last month. First, the bad news: the total number of units sold in Massachusetts slipped 2.6 percent year-over-year compared to Sept. 2010, according to the Warren Group, a Boston-based company that tracks real estate and financial trends. In particular, sales declined from 1,294 units in Sept. 2011 compared to 1,328 units in Sept. 2010.<\/p>\n<p>\u00a0Nevertheless, there was an unmistakable silver lining in the form of price increases. Median condo prices for September improved nearly 5 percent to $275,450. That seems to reflect a continuing trend in 2011. Through the first three quarters of the year, the median condo price in Massachusetts reached $276,500, a 4 percent increase compared to the year-to-date pricing\u00a0last year.<\/p>\n<p>The single-family residential market in Massachusetts also presented a mixed bag last month, although the strengths and weaknesses emerged in different metrics. Last month 3,482 single-family homes changed hands, a 7 percent rise from transactions that closed a year earlier. For the third month in a row, Bay State single-family home sales beat sales for the same month in 2010, according to the Warren Group.<\/p>\n<p>The third quarter made even bigger gains, as sales jumped 10 percent year-over-year on the strength of 11,539 transactions. Unlike condominium pricing, however, single-family home prices were basically flat.\u00a0 Median prices increased just 0.5 percent, to $289,950.<\/p>\n<p>It may be worth noting that statewide single-family home sales far outpaced condominium sales. According to Warren Group, more than twice as many one-family homes as condominiums changed ownership in Massachusetts last month. <em><\/em><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify\">\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Veronica Grecu, Associate Editor<\/p>\n<p>Condominium sales in the Bay State demonstrated the classic \u201cgood news, bad news\u201d syndrome last month. First, the bad news: the total number of units sold in Massachusetts slipped 2.6 percent year-over-year compared to Sept. 2010, [&#8230;]<\/p>\n","protected":false},"author":258,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1490,21742],"tags":[],"class_list":["post-1004053496","post","type-post","status-publish","format-standard","hentry","category-boston","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Condo Prices Rise Statewide as Volume Slips: Warren Group - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/condo-prices-rise-statewide-as-volume-slips-warren-group\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Condo Prices Rise Statewide as Volume Slips: Warren Group\" \/>\n<meta property=\"og:description\" content=\"By Veronica Grecu, Associate Editor Condominium sales in the Bay State demonstrated the classic \u201cgood news, bad news\u201d syndrome last month. First, the bad news: the total number of units sold in Massachusetts slipped 2.6 percent year-over-year compared to Sept. 2010, [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/condo-prices-rise-statewide-as-volume-slips-warren-group\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2011-10-30T19:29:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-06T16:05:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2011\/10\/warren_group_logo.jpg\" \/>\n<meta name=\"author\" content=\"Veronica Grecu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@VeraGrecu\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/condo-prices-rise-statewide-as-volume-slips-warren-group\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/condo-prices-rise-statewide-as-volume-slips-warren-group\/\",\"name\":\"Condo Prices Rise Statewide as Volume Slips: Warren Group - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/condo-prices-rise-statewide-as-volume-slips-warren-group\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/condo-prices-rise-statewide-as-volume-slips-warren-group\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2011\/10\/warren_group_logo.jpg\",\"datePublished\":\"2011-10-30T19:29:56+00:00\",\"dateModified\":\"2022-12-06T16:05:31+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/e8362e8641769829162f16fe58091f62\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/condo-prices-rise-statewide-as-volume-slips-warren-group\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/condo-prices-rise-statewide-as-volume-slips-warren-group\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/condo-prices-rise-statewide-as-volume-slips-warren-group\/#primaryimage\",\"url\":\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2011\/10\/warren_group_logo.jpg\",\"contentUrl\":\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2011\/10\/warren_group_logo.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/condo-prices-rise-statewide-as-volume-slips-warren-group\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Condo Prices Rise Statewide as Volume Slips: Warren Group\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/e8362e8641769829162f16fe58091f62\",\"name\":\"Veronica Grecu\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/04\/Veronica_Grecu.jpg?w=93\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/04\/Veronica_Grecu.jpg?w=93\",\"caption\":\"Veronica Grecu\"},\"description\":\"Veronica Grecu is a senior creative writer and researcher for RentCafe. With more than 10 years of experience in the real estate industry, she covers a variety of topics in residential and commercial real estate, including trends and industry news. Previously, she was involved in producing content for Multi-Housing News, Commercial Property Executive and Yardi Matrix. Veronica\u2019s academic background includes a B.A. in Applied Modern Languages and an M.A. in Advertising and PR.\",\"sameAs\":[\"https:\/\/x.com\/@VeraGrecu\"],\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/veronica\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Condo Prices Rise Statewide as Volume Slips: Warren Group - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/condo-prices-rise-statewide-as-volume-slips-warren-group\/","og_locale":"en_US","og_type":"article","og_title":"Condo Prices Rise Statewide as Volume Slips: Warren Group","og_description":"By Veronica Grecu, Associate Editor Condominium sales in the Bay State demonstrated the classic \u201cgood news, bad news\u201d syndrome last month. First, the bad news: the total number of units sold in Massachusetts slipped 2.6 percent year-over-year compared to Sept. 2010, [...]","og_url":"https:\/\/www.commercialsearch.com\/news\/condo-prices-rise-statewide-as-volume-slips-warren-group\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2011-10-30T19:29:56+00:00","article_modified_time":"2022-12-06T16:05:31+00:00","og_image":[{"url":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2011\/10\/warren_group_logo.jpg","type":"","width":"","height":""}],"author":"Veronica Grecu","twitter_card":"summary_large_image","twitter_creator":"@VeraGrecu","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/condo-prices-rise-statewide-as-volume-slips-warren-group\/","url":"https:\/\/www.commercialsearch.com\/news\/condo-prices-rise-statewide-as-volume-slips-warren-group\/","name":"Condo Prices Rise Statewide as Volume Slips: Warren Group - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/condo-prices-rise-statewide-as-volume-slips-warren-group\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/condo-prices-rise-statewide-as-volume-slips-warren-group\/#primaryimage"},"thumbnailUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2011\/10\/warren_group_logo.jpg","datePublished":"2011-10-30T19:29:56+00:00","dateModified":"2022-12-06T16:05:31+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/e8362e8641769829162f16fe58091f62"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/condo-prices-rise-statewide-as-volume-slips-warren-group\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/condo-prices-rise-statewide-as-volume-slips-warren-group\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/condo-prices-rise-statewide-as-volume-slips-warren-group\/#primaryimage","url":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2011\/10\/warren_group_logo.jpg","contentUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2011\/10\/warren_group_logo.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/condo-prices-rise-statewide-as-volume-slips-warren-group\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Condo Prices Rise Statewide as Volume Slips: Warren Group"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/e8362e8641769829162f16fe58091f62","name":"Veronica Grecu","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/04\/Veronica_Grecu.jpg?w=93","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/04\/Veronica_Grecu.jpg?w=93","caption":"Veronica Grecu"},"description":"Veronica Grecu is a senior creative writer and researcher for RentCafe. With more than 10 years of experience in the real estate industry, she covers a variety of topics in residential and commercial real estate, including trends and industry news. Previously, she was involved in producing content for Multi-Housing News, Commercial Property Executive and Yardi Matrix. Veronica\u2019s academic background includes a B.A. in Applied Modern Languages and an M.A. in Advertising and PR.","sameAs":["https:\/\/x.com\/@VeraGrecu"],"url":"https:\/\/www.commercialsearch.com\/news\/author\/veronica\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004053496","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/258"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004053496"}],"version-history":[{"count":2,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004053496\/revisions"}],"predecessor-version":[{"id":1004616220,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004053496\/revisions\/1004616220"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004053496"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004053496"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004053496"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}