Here’s the latest update of Real Estate Rewind, an online quarterly report produced by the Greater Boston Real Estate Board (GBAR) which summarizes residential real estate market activity in the GBAR jurisdictional area. The newly released reports contain detailed data by Region I community for the condominium (page 1) and single-family home markets (page 2), including units sold, median price, average days on market, pending sales, and inventory levels for the second quarter of 2016 with comparison data for the same period last year. Check it out.

1. Region I Metro
Boston
TotalCCProperties
Sold(2ndQ'16)
Differencefrom2ndQ
'15
MedianPrice(2ndQ
'16)
Differencefrom2ndQ
'15
AverageDayson
Market(2ndQ'16)
TotalUnder
Agreements(2ndQ
'16)
TotalCConMarket
(2ndQ'16)
Differencefrom2ndQ
'15
TotalCCProperties
Sold(2ndQ'15)
MedianPrice(2ndQ
'15)
AverageDayson
Market(2ndQ'15)
TotalUnder
Agreements(2ndQ
'15)
TotalCConMarket
(2ndQ'15)
Arlington 90 30.4% $520,000 8.3% 22 103 13 30.0% 69 $480,000 22 102 10
Belmont 28 -20.0% $518,500 6.9% 37 29 12 200.0% 35 $485,000 34 48 4
Boston 1,286 1.1% $590,000 12.4% 45 1,652 557 -0.2% 1,272 $525,000 42 1,799 558
Brookline 155 -6.6% $790,000 15.4% 31 206 49 19.5% 166 $684,500 26 232 41
Cambridge 206 25.6% $700,500 12.5% 25 273 50 16.3% 164 $622,500 32 253 43
Chelsea 37 -5.1% $289,000 19.4% 44 65 18 -35.7% 39 $242,000 55 60 28
Dedham 18 38.5% $295,250 -7.7% 55 21 3 -50.0% 13 $320,000 40 15 6
Everett 22 -15.4% $346,500 42.3% 41 21 6 -60.0% 26 $243,500 63 34 15
Milton 7 -12.5% $439,900 0.2% 85 16 7 40.0% 8 $439,000 64 12 5
Newton 111 13.3% $665,000 11.1% 44 127 62 10.7% 98 $598,700 33 148 56
Revere 43 22.9% $290,000 -0.3% 85 56 34 -32.0% 35 $291,000 62 60 50
Somerville 151 28.0% $600,000 5.5% 31 186 42 55.6% 118 $568,750 34 161 27
Waltham 74 -5.1% $433,250 13.3% 29 97 15 -37.5% 78 $382,500 33 108 24
Watertown 76 28.8% $471,250 10.6% 32 87 22 -8.3% 59 $426,000 32 101 24
Winthrop 28 27.3% $294,900 4.4% 62 38 13 -43.5% 22 $282,500 52 36 23
Region Total 2,332 5.9% 45 2,977 903 -1.2% 2,202 42 3,169 914
GBREB Total 3,333 10.5% $492,000 8.8% 48 4,188 1,356 -8.7% 3,016 $452,000 48 4,404 1,486
State Total 6,304 6.8% $341,900 5.2% 69 7,617 4,358 -28.5% 5,902 $325,000 72 7,377 6,095

2. Region I
Metro Boston
TotalSFPropertiesSold
(2ndQ'16)
Differencefrom2ndQ
'15
MedianPrice(2ndQ'16)
Differencefrom2ndQ
'15
AverageDaysonMarket
(2ndQ'16)
TotalUnderAgreements
(2ndQ'16)
TotalSFonMarket(2nd
Q'16)
Differencefrom2ndQ
'15
TotalSFPropertiesSold
(2ndQ'15)
MedianPrice(2ndQ'15)
AverageDaysonMarket
(2ndQ'15)
TotalUnderAgreements
(2ndQ'15)
TotalSFonMarket(2nd
Q'15)
Arlington 83 9.2% $685,000 -4.9% 28 123 18 -10.0% 76 $720,000 28 111 20
Belmont 40 14.3% $985,000 1.5% 34 53 17 -26.1% 35 $970,000 78 61 23
Boston 283 11.4% $530,000 8.0% 48 451 184 17.2% 254 $490,750 47 446 157
Brookline 48 -4.0% $1,809,250 13.6% 48 78 40 -24.5% 50 $1,592,500 93 86 53
Cambridge 28 -3.4% $1,663,000 14.7% 32 47 16 33.3% 29 $1,450,000 23 62 12
Chelsea 14 250.0% $327,950 -12.5% 82 12 2 -84.6% 4 $374,750 31 10 13
Dedham 69 -6.8% $430,000 6.8% 48 115 38 -15.6% 74 $402,500 65 110 45
Everett 20 5.3% $367,500 20.9% 55 46 15 15.4% 19 $304,000 67 37 13
Milton 81 8.0% $659,000 11.9% 80 85 50 -32.4% 75 $589,000 73 102 74
Newton 175 8.7% $1,150,000 -6.5% 39 236 124 -6.8% 161 $1,230,000 64 277 133
Revere 51 15.9% $363,000 13.4% 52 82 26 -50.0% 44 $320,000 81 74 52
Somerville 19 18.8% $680,000 -9.3% 51 32 16 14.3% 16 $750,000 24 39 14
Waltham 100 0.0% $530,670 12.9% 41 147 29 -39.6% 100 $470,000 49 122 48
Watertown 33 0.0% $563,000 -11.0% 22 38 10 42.9% 33 $632,900 37 40 7
Winthrop 25 13.6% $400,000 3.5% 35 32 11 -45.0% 22 $386,500 74 35 20
Region Total 1,069 7.8% 46 1577 596 -12.9% 992 56 1612 684
GBREB Total 4,095 11.5% $555,000 2.9% 59 5,636 2,870 -7.9% 3,671 $539,450 63 5,893 3,116
State Total 15,846 15.1% $363,500 3.9% 92 20,051 17,711 -28.1% 13,771 $350,000 101 18,134 24,649