The document is a multi-family housing activity report that provides key metrics and historical data for 2-, 3-, and 4-family properties. It shows that in November 2014 compared to the previous year, median sales prices increased slightly, closed sales decreased, inventory decreased substantially, and days on market increased slightly. Overall multi-family housing market activity was down compared to the previous year.

1. Multi-Family Housing Activity Report
Key Metrics Historical Sparklines Nov-2013 Nov-2014 + / – YTD 2013 YTD 2014 + / –
2,044 - 3.2%
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.
$459,000
2,111
November 2014
Closed Sales
A count of actual sales that have closed within a given month.
205 178 - 13.2%
--
$492,250 + 7.2% $439,000 $487,750 + 11.1%
--
-- --- 25.4%
Inventory of Homes for Sale
The number of properties available for sale in active status
at the end of the month.
573 442 - 22.9% --
Days on Market Until Sale
The average number of days between when a property is listed
and when an offer is accepted.
51 55 + 7.0% 50 55
98.4%
Current as of December 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.
--
- 0.4%
New Listings
A count of the properties that have been newly listed
on the market in a given month.
165 192 + 16.4% 3,026 3,178 + 5.0%
+ 10.6%
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.
3.0 2.3
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.
98.7% 96.9% - 1.8% 98.7%
11-2011 11-2012 11-2013 11-2014
11-2011 11-2012 11-2013 11-2014
11-2011 11-2012 11-2013 11-2014
11-2011 11-2012 11-2013 11-2014
11-2011 11-2012 11-2013 11-2014
11-2011 11-2012 11-2013 11-2014
11-2011 11-2012 11-2013 11-2014

2. All data from MLS Property Information Network, Inc. Provided by Greater Boston Association of REALTORS®. Powered by 10K Research and Marketing.
Multi-Family Housing Activity Report – 2-Family Properties
11-2013 11-2014 + / – 11-2013 11-2014 + / – 11-2013 11-2014 + / – 11-2013 11-2014 + / –
Acton 0 0 -- $0 $0 -- 0 0 -- 0 1 --
Arlington 2 4 + 100.0% $935,600 $687,500 - 26.5% 5 19 + 270.0% 4 1 - 75.0%
Ashland 1 1 0.0% $270,000 $309,395 + 14.6% 53 78 + 47.2% 1 1 0.0%
Attleboro 3 2 - 33.3% $190,500 $289,950 + 52.2% 58 28 - 51.4% 10 6 - 40.0%
Bedford 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Bellingham 1 0 - 100.0% $255,000 $0 - 100.0% 18 0 - 100.0% 1 2 + 100.0%
Belmont 4 3 - 25.0% $732,500 $746,000 + 1.8% 30 46 + 57.1% 6 4 - 33.3%
Boston 35 24 - 31.4% $476,000 $506,250 + 6.4% 52 52 + 1.1% 99 85 - 14.1%
Boxborough 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Brookline 0 0 -- $0 $0 -- 0 0 -- 4 0 - 100.0%
Burlington 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Cambridge 3 7 + 133.3% $685,000 $1,060,000 + 54.7% 53 32 - 39.8% 7 6 - 14.3%
Canton 0 0 -- $0 $0 -- 0 0 -- 1 3 + 200.0%
Carlisle 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Chelsea 2 5 + 150.0% $330,000 $360,000 + 9.1% 21 26 + 24.8% 9 4 - 55.6%
Concord 0 0 -- $0 $0 -- 0 0 -- 1 2 + 100.0%
Dedham 2 0 - 100.0% $361,250 $0 - 100.0% 15 0 - 100.0% 3 3 0.0%
Dover 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Everett 6 8 + 33.3% $334,500 $371,000 + 10.9% 32 43 + 35.8% 22 10 - 54.5%
Foxborough 0 1 -- $0 $337,400 -- 0 3 -- 4 2 - 50.0%
Framingham 2 3 + 50.0% $295,000 $294,000 - 0.3% 60 109 + 81.7% 4 4 0.0%
Franklin 1 4 + 300.0% $310,000 $251,350 - 18.9% 66 28 - 58.0% 2 2 0.0%
Holliston 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Hopkinton 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Hudson 2 2 0.0% $265,000 $282,500 + 6.6% 79 71 - 10.8% 5 2 - 60.0%
Lexington 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Lincoln 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Malden 6 5 - 16.7% $357,500 $476,500 + 33.3% 40 73 + 83.8% 24 13 - 45.8%
Mansfield 1 0 - 100.0% $354,000 $0 - 100.0% 29 0 - 100.0% 2 2 0.0%
Marlborough 3 0 - 100.0% $233,400 $0 - 100.0% 29 0 - 100.0% 12 6 - 50.0%
Maynard 0 0 -- $0 $0 -- 0 0 -- 6 2 - 66.7%
Medfield 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Medford 11 4 - 63.6% $544,000 $594,500 + 9.3% 34 19 - 44.9% 10 5 - 50.0%
Medway 0 1 -- $0 $230,000 -- 0 131 -- 1 1 0.0%
Milford 1 1 0.0% $193,000 $233,000 + 20.7% 89 76 - 14.6% 6 4 - 33.3%
Millis 0 0 -- $0 $0 -- 0 0 -- 0 1 --
Milton 2 1 - 50.0% $540,000 $570,000 + 5.6% 30 28 - 5.1% 5 2 - 60.0%
Natick 2 3 + 50.0% $396,250 $395,000 - 0.3% 35 78 + 122.9% 8 3 - 62.5%
Needham 0 0 -- $0 $0 -- 0 0 -- 1 1 0.0%
Newton 3 5 + 66.7% $670,000 $800,000 + 19.4% 53 56 + 4.9% 10 9 - 10.0%
November 2014
InventoryClosed Sales Days on MarketMedian Sales Price

3. All data from MLS Property Information Network, Inc. Provided by Greater Boston Association of REALTORS®. Powered by 10K Research and Marketing.
Multi-Family Housing Activity Report – 2-Family Properties (cont.)
11-2013 11-2014 + / – 11-2013 11-2014 + / – 11-2013 11-2014 + / – 11-2013 11-2014 + / –
Norfolk 0 0 -- $0 $0 -- 0 0 -- 1 1 0.0%
North Attleboro 2 1 - 50.0% $186,500 $275,000 + 47.5% 175 128 - 26.6% 3 3 0.0%
Norwood 1 4 + 300.0% $312,000 $372,250 + 19.3% 72 62 - 14.2% 0 2 --
Plainville 1 0 - 100.0% $215,000 $0 - 100.0% 1 0 - 100.0% 1 4 + 300.0%
Quincy 8 9 + 12.5% $472,500 $455,000 - 3.7% 54 55 + 2.8% 15 17 + 13.3%
Revere 8 8 0.0% $401,000 $416,000 + 3.7% 24 51 + 110.8% 27 16 - 40.7%
Saugus 3 1 - 66.7% $392,000 $280,000 - 28.6% 36 12 - 66.4% 6 2 - 66.7%
Sharon 0 1 -- $0 $385,000 -- 0 70 -- 2 2 0.0%
Sherborn 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Somerville 7 4 - 42.9% $630,000 $815,000 + 29.4% 66 28 - 57.7% 14 8 - 42.9%
Southborough 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Stow 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Sudbury 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Walpole 2 0 - 100.0% $506,500 $0 - 100.0% 102 0 - 100.0% 1 3 + 200.0%
Waltham 0 3 -- $0 $425,000 -- 0 15 -- 2 2 0.0%
Watertown 9 7 - 22.2% $570,000 $650,000 + 14.0% 40 25 - 38.2% 4 3 - 25.0%
Wayland 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Wellesley 0 1 -- $0 $750,000 -- 0 36 -- 2 0 - 100.0%
Weston 0 0 -- $0 $0 -- 0 0 -- 0 1 --
Westwood 0 0 -- $0 $0 -- 0 0 -- 1 1 0.0%
Winchester 1 2 + 100.0% $500,000 $632,500 + 26.5% 56 95 + 68.8% 1 1 0.0%
Winthrop 2 1 - 50.0% $371,250 $551,500 + 48.6% 46 83 + 80.4% 9 14 + 55.6%
Woburn 2 1 - 50.0% $392,500 $385,000 - 1.9% 29 35 + 22.8% 4 7 + 75.0%
Wrentham 0 0 -- $0 $0 -- 0 0 -- 0 2 --
Greater Boston 139 127 -8.6% $435,000 $460,750 +5.9% 46 48 +3.7% 361 276 -23.5%
Note: The "Greater Boston" figures are not a compilation or total of the individual areas.
Days on Market Inventory
November 2014
Closed Sales Median Sales Price

4. All data from MLS Property Information Network, Inc. Provided by Greater Boston Association of REALTORS®. Powered by 10K Research and Marketing.
Multi-Family Housing Activity Report – 3-Family Properties
11-2013 11-2014 + / – 11-2013 11-2014 + / – 11-2013 11-2014 + / – 11-2013 11-2014 + / –
Acton 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Arlington 0 0 -- $0 $0 -- 0 0 -- 0 1 --
Ashland 0 0 -- $0 $0 -- 0 0 -- 0 1 --
Attleboro 1 1 0.0% $250,000 $354,000 + 41.6% 35 89 + 154.3% 5 7 + 40.0%
Bedford 0 0 -- $0 $0 -- 0 0 -- 1 0 - 100.0%
Bellingham 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Belmont 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Boston 32 23 - 28.1% $456,500 $599,900 + 31.4% 86 64 - 25.9% 99 77 - 22.2%
Boxborough 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Brookline 0 0 -- $0 $0 -- 0 0 -- 2 0 - 100.0%
Burlington 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Cambridge 2 3 + 50.0% $1,275,000 $1,185,000 - 7.1% 77 49 - 35.9% 3 3 0.0%
Canton 0 0 -- $0 $0 -- 0 0 -- 1 0 - 100.0%
Carlisle 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Chelsea 2 1 - 50.0% $413,250 $435,000 + 5.3% 23 22 - 2.2% 8 8 0.0%
Concord 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Dedham 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Dover 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Everett 1 0 - 100.0% $465,000 $0 - 100.0% 12 0 - 100.0% 7 6 - 14.3%
Foxborough 0 0 -- $0 $0 -- 0 0 -- 0 1 --
Framingham 0 1 -- $0 $0 -- 0 17 -- 2 3 + 50.0%
Franklin 0 0 -- $0 $0 -- 0 0 -- 0 2 --
Holliston 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Hopkinton 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Hudson 0 0 -- $0 $0 -- 0 0 -- 2 3 + 50.0%
Lexington 0 0 -- $0 $0 -- 0 0 -- 1 0 - 100.0%
Lincoln 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Malden 2 0 - 100.0% $406,000 $0 - 100.0% 77 0 - 100.0% 4 3 - 25.0%
Mansfield 1 0 - 100.0% $360,000 $0 - 100.0% 27 0 - 100.0% 1 0 - 100.0%
Marlborough 1 1 0.0% $255,000 $411,000 + 61.2% 125 18 - 85.6% 5 1 - 80.0%
Maynard 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Medfield 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Medford 1 3 + 200.0% $535,000 $638,000 + 19.3% 13 38 + 189.7% 2 1 - 50.0%
Medway 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Milford 0 0 -- $0 $0 -- 0 0 -- 2 1 - 50.0%
Millis 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Milton 0 0 -- $0 $0 -- 0 0 -- 1 1 0.0%
Natick 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Needham 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Newton 0 0 -- $0 $0 -- 0 0 -- 0 0 --
November 2014
Closed Sales Median Sales Price Days on Market Inventory

5. All data from MLS Property Information Network, Inc. Provided by Greater Boston Association of REALTORS®. Powered by 10K Research and Marketing.
Multi-Family Housing Activity Report – 3-Family Properties (cont.)
11-2013 11-2014 + / – 11-2013 11-2014 + / – 11-2013 11-2014 + / – 11-2013 11-2014 + / –
Norfolk 0 0 -- $0 $0 -- 0 0 -- 0 1 --
North Attleboro 0 2 -- $0 $293,750 -- 0 342 -- 5 5 0.0%
Norwood 0 0 -- $0 $0 -- 0 0 -- 1 1 0.0%
Plainville 0 0 -- $0 $0 -- 0 0 -- 0 1 --
Quincy 2 1 -50.0% $531,250 $520,000 -2.1% 102 106 +4.4% 3 5 +66.7%
Revere 0 0 -- $0 $0 -- 0 0 -- 4 2 -50.0%
Saugus 0 0 -- $0 $0 -- 0 0 -- 1 0 -100.0%
Sharon 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Sherborn 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Somerville 4 6 +50.0% $640,000 $880,000 +37.5% 18 52 +189.8% 4 3 -25.0%
Southborough 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Stow 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Sudbury 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Walpole 0 0 -- $0 $0 -- 0 0 -- 2 0 -100.0%
Waltham 0 0 -- $0 $0 -- 0 0 -- 2 2 0.0%
Watertown 0 1 -- $0 $575,000 -- 0 182 -- 1 0 -100.0%
Wayland 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Wellesley 1 0 -100.0% $1,395,000 $0 -100.0% 4 0 -100.0% 0 0 --
Weston 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Westwood 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Winchester 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Winthrop 2 2 0.0% $529,950 $414,950 -21.7% 20 108 +437.5% 3 2 -33.3%
Woburn 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Wrentham 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Greater Boston 52 45 -13.5% $482,000 $589,450 +22.3% 70 75 +7.1% 172 141 -18.0%
Note: The "Greater Boston" figures are not a compilation or total of the individual areas.
Closed Sales Median Sales Price Days on Market Inventory
November 2014

6. All data from MLS Property Information Network, Inc. Provided by Greater Boston Association of REALTORS®. Powered by 10K Research and Marketing.
Multi-Family Housing Activity Report – 4-Family Properties
11-2013 11-2014 + / – 11-2013 11-2014 + / – 11-2013 11-2014 + / – 11-2013 11-2014 + / –
Acton 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Arlington 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Ashland 0 0 -- $0 $0 -- 0 0 -- 0 1 --
Attleboro 1 0 - 100.0% $381,000 $0 - 100.0% 8 0 - 100.0% 2 1 - 50.0%
Bedford 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Bellingham 0 0 -- $0 $0 -- 0 0 -- 0 1 --
Belmont 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Boston 5 1 - 80.0% $1,200,000 $1,075,000 - 10.4% 29 60 + 104.1% 11 7 - 36.4%
Boxborough 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Brookline 0 0 -- $0 $0 -- 0 0 -- 0 1 --
Burlington 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Cambridge 0 1 -- $0 $2,935,000 -- 0 8 -- 0 0 --
Canton 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Carlisle 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Chelsea 0 0 -- $0 $0 -- 0 0 -- 6 1 - 83.3%
Concord 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Dedham 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Dover 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Everett 0 0 -- $0 $0 -- 0 0 -- 2 3 + 50.0%
Foxborough 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Framingham 1 1 0.0% $383,000 $375,000 - 2.1% 6 100 + 1,566.7% 0 2 --
Franklin 0 0 -- $0 $0 -- 0 0 -- 1 0 - 100.0%
Holliston 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Hopkinton 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Hudson 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Lexington 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Lincoln 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Malden 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Mansfield 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Marlborough 1 1 0.0% $202,500 $310,000 + 53.1% 66 17 - 74.2% 1 0 - 100.0%
Maynard 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Medfield 0 0 -- $0 $0 -- 0 0 -- 1 0 - 100.0%
Medford 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Medway 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Milford 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Millis 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Milton 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Natick 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Needham 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Newton 0 0 -- $0 $0 -- 0 0 -- 1 0 - 100.0%
November 2014
Closed Sales Median Sales Price Days on Market Inventory

7. All data from MLS Property Information Network, Inc. Provided by Greater Boston Association of REALTORS®. Powered by 10K Research and Marketing.
Multi-Family Housing Activity Report – 4-Family Properties (cont.)
11-2013 11-2014 + / – 11-2013 11-2014 + / – 11-2013 11-2014 + / – 11-2013 11-2014 + / –
Norfolk 0 0 -- $0 $0 -- 0 0 -- 0 0 --
North Attleboro 0 0 -- $0 $0 -- 0 0 -- 2 0 -100.0%
Norwood 0 0 -- $0 $0 -- 0 0 -- 1 0 -100.0%
Plainville 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Quincy 4 1 -75.0% $530,250 $650,000 +22.6% 17 63 +281.8% 3 1 -66.7%
Revere 1 0 -100.0% $451,000 $0 -100.0% 132 0 -100.0% 2 3 +50.0%
Saugus 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Sharon 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Sherborn 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Somerville 0 0 -- $0 $0 -- 0 0 -- 1 1 0.0%
Southborough 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Stow 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Sudbury 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Walpole 1 0 -100.0% $400,000 $0 -100.0% 5 0 -100.0% 0 0 --
Waltham 0 0 -- $0 $0 -- 0 0 -- 5 2 -60.0%
Watertown 0 0 -- $0 $0 -- 0 0 -- 1 0 -100.0%
Wayland 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Wellesley 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Weston 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Westwood 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Winchester 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Winthrop 0 1 -- $0 $417,500 -- 0 40 -- 0 1 --
Woburn 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Wrentham 0 0 -- $0 $0 -- 0 0 -- 0 0 --
Greater Boston 14 6 -57.1% $519,750 $533,750 +2.7% 31 48 +56.3% 40 25 -37.5%
Note: The "Greater Boston" figures are not a compilation or total of the individual areas.
Closed Sales Median Sales Price Days on Market Inventory
November 2014