Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Overview of Greater Boston Residential Real Estate Market

98 views

Published on

Realtor Michael Mahoney overviews the Greater Boston residential real estate market which includes condos and homes.

You can see more Boston real estate information here:
http://www.realtormikemahoney.com/the-mahoney-report/

Published in: Real Estate
  • Be the first to comment

  • Be the first to like this

Overview of Greater Boston Residential Real Estate Market

  1. 1. MARKET ONE SHEET May 2017 PROVIDES A QUICK OVERVIEW OF MA MARKET & TRENDS CLOSED SALES PENDING HOME SALES MAY 2016 MAY 2017 SINGLE-FAMILY SALES 6,530 7,280 MEDIAN PRICE $352,700 $385,000 CONDOMINIUMS SALES 2,432 2,736 MEDIAN PRICE $343,000 $370 ,000 REALTOR® CONFIDENCE INDEXES MAY 2016 MAY 2017 MARKET 81.25 83.54 PRICE 72.46 73.94 Based on a scale of zero to 100 SALES NEW LISTINGS MEDIAN PRICE INVENTORY 10,000 8,000 6,000 4,000 2,000 0 SINGLE-FAMILY CONDOMINIUMS SINGLE-FAMILY CONDOMINIUMS SINGLE-FAMILY CONDOMINIUMS n MAY ‘16 n MAY ‘17 SINGLE-FAMILY CONDOMINIUMS 30,000 24,000 18,000 12,000 6,000 0 $420,000 $380,000 $340,000 $300,000 $260,000 8,000 6,000 4,000 2,000 0 $352.7K 5,047 8,611 20,065 $343K 2,067 5,260 2,846 4,930 $385K 13,918 8,968 2,061 $370K 3,876 3,125 n Home sales down in May despite strong buyer demand n May median home prices hit all-time high n New listings added to the market up for first time in a year 7766

×