Here’s December 2013′s Monthly Multi-family Housing Activity Report from the Greater Boston Association of Realtors®. What Was Going On With Multi-family Housing Activity In November? (Comparing December 2013 to December 2012) • Closed sales were down -8.6% • Median prices were up +1.8% • Inventory of homes for sale were down -37.4% • Months supply of homes for sale were down -38.4% • Days on market until sale were down -0.3% • Percentage of original list price received were up +1.5% • New Listings were down -8.5%

1. 5B
Multi-Family Housing Activity Report
December 2013
Key Metrics
Historical Sparklines
Dec-2012
2,294
+ 2.1%
$427,500
+ 1.8%
$380,000
$437,000
+ 15.0%
311
- 37.4%
--
--
--
1.6
- 38.4%
--
--
--
64
44
- 31.3%
67
49
- 27.5%
98.0%
97.8%
- 0.3%
96.2%
98.7%
+ 2.6%
130
12-2012
2,246
2.6
12-2011
- 8.6%
497
12-2010
191
$419,750
A count of actual sales that have closed within a given month.
+/–
209
Closed Sales
Dec-2013
YTD 2012 YTD 2013
+/–
119
- 8.5%
3,163
3,143
- 0.6%
12-2013
Median Sales Price
The point at which half of the homes sold in a given month
were priced higher and one half priced lower, not accounting for seller
concessions.
12-2010
12-2011
12-2012
12-2013
Inventory of Homes for Sale
The number of properties available for sale in active status
at the end of the month.
12-2010
12-2011
12-2012
12-2013
Months Supply of Homes for Sale
The inventory of homes for sale at the end of a given month, divided by the
average monthly pending sales from the last 12 months.
12-2010
12-2011
12-2012
12-2013
Days on Market Until Sale
The average number of days between when a property is listed
and when an offer is accepted.
12-2010
12-2011
12-2012
12-2013
Pct. of Org. List Price Received
The average percentage found when dividing a property's sales price
by the original list price, not accounting for seller concessions.
12-2010
12-2011
12-2012
12-2013
New Listings
A count of the properties that have been newly listed
on the market in a given month.
12-2010
12-2011
12-2012
12-2013
Current as of January 16, 2014. Multi-family activity is comprised of 2-, 3- and 4-family properties only.
All data from MLS Property Information Network, Inc. Provided by Greater Boston Association of REALTORS®. Powered by 10K Research and Marketing.

2. Multi-Family Housing Activity Report – 2-Family Properties
December 2013
Closed Sales
Median Sales Price
Days on Market
Inventory
12-2012
Acton
Arlington
Ashland
Attleboro
Bedford
Bellingham
Belmont
Boston
Boxborough
Brookline
Burlington
Cambridge
Canton
Carlisle
Chelsea
Concord
Dedham
Dover
Everett
Foxborough
Framingham
Franklin
Holliston
Hopkinton
Hudson
Lexington
Lincoln
Malden
Mansfield
Marlborough
Maynard
Medfield
Medford
Medway
Milford
Millis
Milton
Natick
Needham
Newton
12-2013
+/–
12-2012
12-2013
+/–
12-2012
12-2013
+/–
12-2012
12-2013
+/–
0
4
0
4
1
1
5
38
0
0
0
5
1
0
6
0
2
0
3
0
2
0
0
0
0
0
1
9
1
1
0
1
8
1
2
0
2
0
0
3
0
2
0
5
0
0
4
35
0
2
0
3
1
0
3
0
1
0
9
1
4
0
0
0
2
0
0
12
0
3
0
0
7
0
2
0
1
2
3
2
-- 50.0%
-+ 25.0%
- 100.0%
- 100.0%
- 20.0%
- 7.9%
---- 40.0%
0.0%
-- 50.0%
-- 50.0%
-+ 200.0%
-+ 100.0%
------ 100.0%
+ 33.3%
- 100.0%
+ 200.0%
-- 100.0%
- 12.5%
- 100.0%
0.0%
-- 50.0%
--- 33.3%
$0
$606,000
$0
$171,000
$355,000
$220,000
$593,000
$398,000
$0
$0
$0
$1,060,000
$335,000
$0
$232,500
$0
$320,000
$0
$345,000
$0
$142,450
$0
$0
$0
$0
$0
$156,900
$330,000
$295,000
$168,000
$0
$299,000
$470,500
$292,500
$183,500
$0
$427,500
$0
$0
$590,000
$0
$539,000
$0
$179,900
$0
$0
$770,500
$425,000
$0
$1,498,000
$0
$835,000
$250,000
$0
$355,000
$0
$338,000
$0
$385,000
$280,000
$298,600
$0
$0
$0
$237,500
$0
$0
$412,500
$0
$220,000
$0
$0
$526,000
$0
$200,000
$0
$440,500
$482,750
$789,000
$715,000
-- 11.1%
-+ 5.2%
- 100.0%
- 100.0%
+ 29.9%
+ 6.8%
---- 21.2%
- 25.4%
-+ 52.7%
-+ 5.6%
-+ 11.6%
-+ 109.6%
------ 100.0%
+ 25.0%
- 100.0%
+ 31.0%
-- 100.0%
+ 11.8%
- 100.0%
+ 9.0%
-+ 3.0%
--+ 21.2%
0
11
0
129
81
49
50
47
0
0
0
21
42
0
51
0
188
0
71
0
35
0
0
0
0
0
15
119
85
205
0
60
52
454
101
0
99
0
0
94
0
18
0
116
0
0
31
45
0
8
0
7
25
0
53
0
8
0
47
49
53
0
0
0
178
0
0
44
0
55
0
0
31
0
4
0
21
62
4
68
-+ 71.4%
-- 9.9%
- 100.0%
- 100.0%
- 38.3%
- 3.7%
---- 68.3%
- 40.5%
-+ 3.9%
-- 95.7%
-- 33.2%
-+ 53.6%
------ 100.0%
- 63.2%
- 100.0%
- 73.2%
-- 100.0%
- 39.4%
- 100.0%
- 96.0%
-- 78.8%
--- 27.9%
0
4
2
16
0
3
2
82
0
1
0
5
2
0
14
3
4
0
11
0
7
1
1
0
8
1
1
14
1
8
2
4
9
0
9
0
5
2
1
11
0
1
0
7
0
0
3
53
0
1
0
6
2
0
6
0
3
0
10
2
1
1
0
0
1
0
0
9
1
8
3
0
5
1
3
0
1
4
0
8
-- 75.0%
- 100.0%
- 56.3%
-- 100.0%
+ 50.0%
- 35.4%
-0.0%
-+ 20.0%
0.0%
-- 57.1%
- 100.0%
- 25.0%
-- 9.1%
-- 85.7%
0.0%
- 100.0%
-- 87.5%
- 100.0%
- 100.0%
- 35.7%
0.0%
0.0%
+ 50.0%
- 100.0%
- 44.4%
-- 66.7%
-- 80.0%
+ 100.0%
- 100.0%
- 27.3%
All data from MLS Property Information Network, Inc. Provided by Greater Boston Association of REALTORS®. Powered by 10K Research and Marketing.

3. Multi-Family Housing Activity Report – 2-Family Properties (cont.)
December 2013
Closed Sales
Median Sales Price
Days on Market
Inventory
12-2012
12-2013
+/–
12-2012
12-2013
+/–
12-2012
12-2013
+/–
12-2012
12-2013
+/–
Norfolk
North Attleboro
Norwood
Plainville
Quincy
Revere
Saugus
Sharon
Sherborn
Somerville
Southborough
Stow
Sudbury
Walpole
Waltham
Watertown
Wayland
Wellesley
Weston
Westwood
Winchester
Winthrop
Woburn
Wrentham
0
1
0
0
13
5
5
0
0
12
0
0
0
0
1
1
0
0
0
0
0
0
0
0
0
0
2
0
6
9
0
0
0
4
0
0
0
1
1
5
0
0
0
0
1
1
3
0
-- 100.0%
--- 53.8%
+ 80.0%
- 100.0%
--- 66.7%
----0.0%
+ 400.0%
---------
$0
$160,000
$0
$0
$360,000
$315,000
$240,000
$0
$0
$585,000
$0
$0
$0
$0
$395,000
$432,000
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$387,500
$0
$438,650
$320,000
$0
$0
$0
$574,500
$0
$0
$0
$375,340
$522,000
$557,500
$0
$0
$0
$0
$672,000
$450,000
$349,900
$0
-- 100.0%
--+ 21.8%
+ 1.6%
- 100.0%
--- 1.8%
----+ 32.2%
+ 29.1%
---------
0
270
0
0
68
44
96
0
0
45
0
0
0
0
24
5
0
0
0
0
0
0
0
0
0
0
20
0
53
44
0
0
0
41
0
0
0
63
7
19
0
0
0
0
19
16
75
0
-- 100.0%
--- 22.0%
+ 0.5%
- 100.0%
--- 8.7%
----- 70.8%
+ 276.0%
---------
0
5
5
1
13
24
0
1
0
12
2
0
1
2
6
6
1
0
1
0
2
4
7
1
2
5
0
0
9
18
2
1
0
4
0
0
0
1
0
2
0
1
0
0
0
8
2
0
-0.0%
- 100.0%
- 100.0%
- 30.8%
- 25.0%
-0.0%
-- 66.7%
- 100.0%
-- 100.0%
- 50.0%
- 100.0%
- 66.7%
- 100.0%
-- 100.0%
-- 100.0%
+ 100.0%
- 71.4%
- 100.0%
Greater Boston
139
137
-1.4%
$382,500
$420,000
+9.8%
66
45
-32.5%
328
195
-40.5%
Note: The "Greater Boston" figures are not a compilation or total of the individual areas.
All data from MLS Property Information Network, Inc. Provided by Greater Boston Association of REALTORS®. Powered by 10K Research and Marketing.

4. Multi-Family Housing Activity Report – 3-Family Properties
December 2013
Closed Sales
Median Sales Price
Days on Market
Inventory
12-2012
Acton
Arlington
Ashland
Attleboro
Bedford
Bellingham
Belmont
Boston
Boxborough
Brookline
Burlington
Cambridge
Canton
Carlisle
Chelsea
Concord
Dedham
Dover
Everett
Foxborough
Framingham
Franklin
Holliston
Hopkinton
Hudson
Lexington
Lincoln
Malden
Mansfield
Marlborough
Maynard
Medfield
Medford
Medway
Milford
Millis
Milton
Natick
Needham
Newton
12-2013
+/–
12-2012
12-2013
+/–
12-2012
12-2013
+/–
12-2012
12-2013
+/–
0
0
0
1
0
0
1
33
0
0
0
1
0
0
2
0
1
0
2
0
2
0
0
0
0
0
0
1
0
0
0
0
1
0
0
0
0
0
1
0
0
0
0
1
0
0
0
24
0
1
0
0
0
0
0
0
0
0
2
0
0
0
0
1
0
0
0
1
0
0
0
0
1
0
0
0
0
0
0
0
---0.0%
--- 100.0%
- 27.3%
---- 100.0%
--- 100.0%
-- 100.0%
-0.0%
-- 100.0%
------0.0%
----0.0%
------ 100.0%
--
$0
$0
$0
$122,000
$0
$0
$765,480
$439,000
$0
$0
$0
$834,000
$0
$0
$295,000
$0
$443,000
$0
$430,000
$0
$290,000
$0
$0
$0
$0
$0
$0
$425,000
$0
$0
$0
$0
$502,000
$0
$0
$0
$0
$0
$800,000
$0
$0
$0
$0
$275,000
$0
$0
$0
$436,500
$0
$1,185,000
$0
$0
$0
$0
$0
$0
$0
$0
$391,750
$0
$0
$0
$0
$440,000
$0
$0
$0
$505,000
$0
$0
$0
$0
$612,000
$0
$0
$0
$0
$0
$0
$0
---+ 125.4%
--- 100.0%
- 0.6%
---- 100.0%
--- 100.0%
-- 100.0%
-- 8.9%
-- 100.0%
------+ 18.8%
----+ 21.9%
------ 100.0%
--
0
0
0
19
0
0
13
72
0
0
0
28
0
0
10
0
28
0
71
0
59
0
0
0
0
0
0
56
0
0
0
0
5
0
0
0
0
0
49
0
0
0
0
61
0
0
0
40
0
71
0
0
0
0
0
0
0
0
53
0
0
0
0
119
0
0
0
7
0
0
0
0
5
0
0
0
0
0
0
0
---+ 221.1%
--- 100.0%
- 44.5%
---- 100.0%
--- 100.0%
-- 100.0%
-- 26.1%
-- 100.0%
------- 87.5%
----0.0%
------ 100.0%
--
0
0
5
6
0
0
0
70
0
1
0
2
0
0
5
0
0
0
11
0
5
0
1
0
3
0
0
2
0
3
1
0
2
0
3
0
0
0
0
0
0
0
0
3
0
0
0
53
0
0
0
3
1
0
2
0
0
0
4
0
2
0
0
0
0
1
0
0
2
3
0
0
2
0
1
0
0
0
0
0
--- 100.0%
- 50.0%
---- 24.3%
-- 100.0%
-+ 50.0%
--- 60.0%
---- 63.6%
-- 60.0%
-- 100.0%
-- 100.0%
--- 100.0%
-0.0%
- 100.0%
-0.0%
-- 66.7%
------
All data from MLS Property Information Network, Inc. Provided by Greater Boston Association of REALTORS®. Powered by 10K Research and Marketing.

5. Multi-Family Housing Activity Report – 3-Family Properties (cont.)
December 2013
Closed Sales
Median Sales Price
Days on Market
Inventory
12-2012
12-2013
+/–
12-2012
12-2013
+/–
12-2012
12-2013
+/–
12-2012
12-2013
+/–
Norfolk
North Attleboro
Norwood
Plainville
Quincy
Revere
Saugus
Sharon
Sherborn
Somerville
Southborough
Stow
Sudbury
Walpole
Waltham
Watertown
Wayland
Wellesley
Weston
Westwood
Winchester
Winthrop
Woburn
Wrentham
0
1
0
0
1
0
1
0
0
5
0
0
0
0
0
2
0
0
0
0
0
1
0
0
0
1
0
0
1
2
0
0
0
4
0
0
0
0
1
1
0
0
0
0
0
1
0
0
-0.0%
--0.0%
--100.0%
---20.0%
------50.0%
-----0.0%
---
$0
$330,000
$0
$0
$535,000
$0
$390,000
$0
$0
$475,000
$0
$0
$0
$0
$0
$652,500
$0
$0
$0
$0
$0
$310,000
$0
$0
$0
$340,000
$0
$0
$607,000
$429,000
$0
$0
$0
$942,500
$0
$0
$0
$0
$682,000
$650,000
$0
$0
$0
$0
$0
$519,000
$0
$0
-+3.0%
--+13.5%
--100.0%
--+98.4%
------0.4%
-----+67.4%
---
0
26
0
0
44
0
101
0
0
96
0
0
0
0
0
39
0
0
0
0
0
56
0
0
0
50
0
0
48
74
0
0
0
6
0
0
0
0
5
3
0
0
0
0
0
37
0
0
-+92.3%
--+9.1%
--100.0%
---93.5%
------92.2%
------33.9%
---
0
2
1
0
3
4
0
0
0
3
0
0
0
1
1
1
0
0
0
0
0
0
0
1
0
5
1
0
1
2
1
0
0
4
0
0
0
1
1
1
0
0
0
0
0
1
0
0
-+150.0%
0.0%
--66.7%
-50.0%
---+33.3%
---0.0%
0.0%
0.0%
--------100.0%
Greater Boston
57
42
-26.3%
$436,500
$446,500
+2.3%
64
39
-38.7%
137
95
-30.7%
Note: The "Greater Boston" figures are not a compilation or total of the individual areas.
All data from MLS Property Information Network, Inc. Provided by Greater Boston Association of REALTORS®. Powered by 10K Research and Marketing.

6. Multi-Family Housing Activity Report – 4-Family Properties
December 2013
Closed Sales
Median Sales Price
Days on Market
Inventory
12-2012
Acton
Arlington
Ashland
Attleboro
Bedford
Bellingham
Belmont
Boston
Boxborough
Brookline
Burlington
Cambridge
Canton
Carlisle
Chelsea
Concord
Dedham
Dover
Everett
Foxborough
Framingham
Franklin
Holliston
Hopkinton
Hudson
Lexington
Lincoln
Malden
Mansfield
Marlborough
Maynard
Medfield
Medford
Medway
Milford
Millis
Milton
Natick
Needham
Newton
12-2013
+/–
12-2012
12-2013
+/–
12-2012
12-2013
+/–
12-2012
12-2013
+/–
0
0
0
0
0
0
0
4
0
0
0
2
0
0
1
0
0
0
0
0
0
0
0
0
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
0
0
0
2
0
0
0
1
0
0
1
0
1
0
0
0
1
0
0
0
0
0
0
0
1
0
0
0
0
0
0
0
0
0
0
1
-------- 50.0%
---- 50.0%
--0.0%
---------- 100.0%
----------------
$0
$0
$0
$0
$0
$0
$0
$1,550,000
$0
$0
$0
$900,000
$0
$0
$435,000
$0
$0
$0
$0
$0
$0
$0
$0
$0
$550,000
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$170,000
$0
$0
$0
$967,500
$0
$0
$0
$1,600,000
$0
$0
$509,900
$0
$362,500
$0
$0
$0
$385,000
$0
$0
$0
$0
$0
$0
$0
$284,000
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$629,000
-------- 37.6%
---+ 77.8%
--+ 17.2%
---------- 100.0%
----------------
0
0
0
0
0
0
0
28
0
0
0
11
0
0
8
0
0
0
0
0
0
0
0
0
65
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
42
0
0
0
16
0
0
0
17
0
0
25
0
27
0
0
0
66
0
0
0
0
0
0
0
195
0
0
0
0
0
0
0
0
0
0
56
-------- 45.1%
---+ 54.5%
--+ 212.5%
---------- 100.0%
----------------
1
0
0
2
0
0
0
7
0
1
0
2
0
0
0
0
0
0
1
0
1
0
3
0
0
0
0
0
0
3
0
1
0
0
1
0
0
0
0
2
0
0
0
2
0
0
0
8
0
0
0
0
0
0
0
0
0
0
0
0
0
1
0
0
0
0
0
1
0
1
0
0
0
0
0
0
0
0
0
0
- 100.0%
--0.0%
---+ 14.3%
-- 100.0%
-- 100.0%
------- 100.0%
-- 100.0%
-- 100.0%
------- 66.7%
-- 100.0%
--- 100.0%
----- 100.0%
All data from MLS Property Information Network, Inc. Provided by Greater Boston Association of REALTORS®. Powered by 10K Research and Marketing.

7. Multi-Family Housing Activity Report – 4-Family Properties (cont.)
December 2013
Closed Sales
Median Sales Price
Days on Market
Inventory
12-2012
12-2013
+/–
12-2012
12-2013
+/–
12-2012
12-2013
+/–
12-2012
12-2013
+/–
Norfolk
North Attleboro
Norwood
Plainville
Quincy
Revere
Saugus
Sharon
Sherborn
Somerville
Southborough
Stow
Sudbury
Walpole
Waltham
Watertown
Wayland
Wellesley
Weston
Westwood
Winchester
Winthrop
Woburn
Wrentham
0
1
0
0
1
1
0
0
0
2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
0
1
0
0
0
0
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
--100.0%
--0.0%
-100.0%
----50.0%
---------------
$0
$395,000
$0
$0
$575,000
$400,000
$0
$0
$0
$871,500
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$589,000
$0
$700,000
$0
$0
$0
$0
$700,000
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
--100.0%
--+21.7%
-100.0%
----19.7%
---------------
0
15
0
0
1
6
0
0
0
103
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3
0
36
0
0
0
0
70
0
0
0
0
0
0
0
0
0
0
0
0
0
0
--100.0%
--+3500.0%
-100.0%
----32.0%
---------------
0
1
0
1
2
2
0
0
0
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2
1
0
1
1
0
0
0
0
0
0
0
0
3
0
0
0
0
0
0
0
0
0
-+100.0%
--100.0%
-50.0%
-50.0%
----100.0%
---------------
Greater Boston
13
12
-7.7%
$740,000
$609,000
-17.7%
34
47
+41.1%
32
21
-34.4%
Note: The "Greater Boston" figures are not a compilation or total of the individual areas.
All data from MLS Property Information Network, Inc. Provided by Greater Boston Association of REALTORS®. Powered by 10K Research and Marketing.