Upscale Towns, Falling Prices
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A look at the latest Warren Group numbers for April is rather revealing. Other examples include:
Hingham: The median home price has dropped more than 9 percent, to $567,500, while sales are off 21 percent.
Orleans: Sales in this mid-Cape tourist town, home to Nauset Beach, were choppy to say the least, dropping by more than 35 percent. But that's nothing compared to the median sale price, which plunged 41 percent to $432,025.
Carlisle: The median home price fell more than 10 percent, to $590,000, while sales are off nearly 39 percent.
Amherst: While sales were up, prices fell more than Continue reading >>>