The Cove Housing Report

As of Feb. 15th, 2010 MLSPIN is reporting the following Quincy housing statistics:

During the month of January, 2010 Quincy real estate saw around 37 homes sale according to local MLS inventory statistics. During the month the standard Quincy home (Combined Condo, SFR, and MFR) stayed on the market for an Avg. 91 days.

The average list price for the same month was about $364,297. The average sales price for January, 2010 was close to $346,696. The separation between the list price and the actual sales price produced a 95% difference.

During the same month of January, 2010 Quincy saw around 15 Condos sale according to H3 MLS inventory statistics. Quincy Condos stayed on the market for an Avg. 115 days. The average list price for the same month was about $330,327.

The average condo sales price for January, 2010 was close to $316,356. The separation between the list price and the actual sales price produced a 96% difference. Total condo inventory accounted for $4,745,347 of the $12,827,747 total monthly housing market.

Quincy single family homes (SFR) made up $6,562,200 of the total housing market inventory. Single family homes stayed on the market for an Avg. 104 days and had an average sales price of $328,110. The average list price of Quincy SFRs was $340,571. The List-to-Sold ratio produced a 98% difference.

There were about 20 SFR homes that sold within the month. Multi-Family homes (MFR) also commonly referred to as Quincy investment properties saw a total of 6 properties sold during January, 2010.

These properties accounted for $2,222,000 of the total area housing market inventory. The MFRs stayed on the market for an Avg. 50 days. The average MFR sold for around $370,333 and had a list price of $387,467. The list to sale ratio produced a 97% difference.

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