Not shocking our beloved, crazy expensive Bay State has the second
highest listing prices in the country. The average listing price for a four
bedroom, two bathroom home in Massachusetts tops out at $510,736. That's No. 2
in the country, even beating out the Golden State, which weighs in at $473,301,
followed by New Jersey, at $431,671 and Connecticut, at just under
$400,000.
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Hawaii sellers though are in a whole different greed category,
with an average listing price of $722,964.
Still, it does make you wonder. After all, a little good news goes
a long way when it comes to inflating the expectations of home sellers. And, as
we all know, prices are certainly on the rise again, soaring by double digits.
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In fact, what I found really surprising were listing prices in middling suburbs like Natick, Acton, Canton and Sharon - all are approaching or over $600,000. So the MA sellers seem to be pushing the realtors to list their properties higher than the last house that sold and is creating what could be another housing bubble. 2014 will be a year of increased market values and low inventory.
FHA Mortgage lenders can help you buy your dream home today!
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