February housing stats show decrease in listings
Overall, 2013 remains a strong year for real estate market
Housing sales statistics were up and down — but mostly down — for the month of February, according to statistics supplied by the Newton Board of REALTORs.
In February, the number of residential listings in the community at the end of the month fell to a new five-year low, down more than 6.5 percent from 2012. This year, at the end of the month, 128 residential properties were listed, compared to 137 one year ago.
The board’s data is based on five years of Newton Multiple Listing Service statistical information. It includes single-family homes, condominiums and townhomes, but not multiple-family dwellings, with Newton addresses. Some of the properties included in the report’s data may have been outside the Newton city limits.
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