The document provides a monthly summary of housing market indicators for the Greater Boston region. Key points include:
- Closed home sales increased 15.3% for single-family homes and 22.3% for condominiums compared to the previous January.
- The median sales price rose 6.0% for single-family homes to $430,000 and 3.5% for condominiums to $367,250.
- Inventory levels decreased substantially while months supply of inventory also declined, signaling a stronger seller's market.
The Nest Report (1Q 2012), an honest look at what's happening in the New River Valley real estate market.
Created and published by Nest Realty Group, www.NestRealty.com. Licensed real estate brokers in the Commonwealth of Virginia.
The Nest Report (1Q 2012), an honest look at what's happening in the New River Valley real estate market.
Created and published by Nest Realty Group, www.NestRealty.com. Licensed real estate brokers in the Commonwealth of Virginia.
Toronto Real Estate Statistics september 2011John Helfrich
Toronto Real Estate Market Statistics for September 2011. Focus on East End Toronto Homes and East End Toronto Real Estate. The Beaches, Riverdale, Leslieville, Danforth Village, East Danforth, Danforth Mosaic
Here are the most recent reports from the Toronto Real Estate Board about the activity in the Condominium resale market...Not to be confused with the New Condo Market which is mostly direct through the builder.
Each month, This Month in Real Estate provides expert opinion and analysis on real estate trends across the nation. The aim of the consumer-oriented segments is to help agents combat the “doom and gloom” messages of the national print and television media with real information on real estate.
Toronto real estate statistics august 2011John Helfrich
Toronto Real Estate Market Statistics for August 2011. Focus on East End Toronto Homes and East End Toronto Real Estate. The Beaches, Riverdale, Leslieville, Danforth Village, East Danforth, Danforth Mosaic
Toronto Real Estate Statistics september 2011John Helfrich
Toronto Real Estate Market Statistics for September 2011. Focus on East End Toronto Homes and East End Toronto Real Estate. The Beaches, Riverdale, Leslieville, Danforth Village, East Danforth, Danforth Mosaic
Here are the most recent reports from the Toronto Real Estate Board about the activity in the Condominium resale market...Not to be confused with the New Condo Market which is mostly direct through the builder.
Each month, This Month in Real Estate provides expert opinion and analysis on real estate trends across the nation. The aim of the consumer-oriented segments is to help agents combat the “doom and gloom” messages of the national print and television media with real information on real estate.
Toronto real estate statistics august 2011John Helfrich
Toronto Real Estate Market Statistics for August 2011. Focus on East End Toronto Homes and East End Toronto Real Estate. The Beaches, Riverdale, Leslieville, Danforth Village, East Danforth, Danforth Mosaic
Courtesy of Linda & Carlos Debello This is the Annual National Property Market Report for your perusal, information & feedback. Looking forward to hearing from you.
Best regards,
Phone: (07) 3263 6085
Fax: (07) 3263 5985
Mob: 0400 833 800
Mob2: 0409 995 578
info@ljgrealestate.com.au
LJGillandRealEstatePtyLtd
http://www.ljgrealestate.com.au/index.php?lan=ch
Commercial Real Estate Outlook provided by the National Association of Realtors reporting on the economy, major commercial real estate sectors including industrial, retail, office and multi-family / apartment sectors
Below is the latest resale market figures for August in Greater Toronto Area which inlcude both the 416 and 905 region. There has been a reduction in Sales for August from last year at this time however it should be noted that last year was the second highest year in the history of the Toronto Real Estate Board. Personally I continue to be quite bullish about the Toronto market as I am noticing more the ever, a more suburban City turning into a more urban City: Larger population and immigration, making homes more expensive and expanding upward.
Similar to January 2013's Monthly Indicators report (20)
October 2015 Greater Boston Real Estate Market Trends ReportUnit Realty Group
Here’s October 2015’s Monthly Indicators report from the Greater Boston Association of Realtors®
October closed home sales up on strong buyer activity over the late summer/early fall. Low supply in October and ongoing buyer demand pushed home prices higher. Seven straight months of new listings added to the market are giving buyers more options.
• September single-family home sales – UP +13.0% over last year
September Single-family median prices were UP +1.1% at $440,000
• September condo sales DOWN -7.3% and median prices were UP +15.5% at $454,950
• Inventory in September DOWN -12.1% to 3,688 and Condominiums DOWN -10.0% to 1,773
• SF listings added to the market in September UP +2.6% over last year. (1,586 from 1,546 in 2014)
• Condo listings added to the market UP +5.3% over last year. (1,137 from 1,080 in 2014)
September 2015 Greater Boston Real Estate Market Trends ReportUnit Realty Group
Here’s September 2015’s Monthly Indicators report from the Greater Boston Association of Realtors®
September closed home sales up on strong buyer activity over the summer. Home prices continued to be pushed higher by strong demand and low supply in September. Six straight months of new listings added to the market are giving buyers more options.
• September single-family home sales – UP +15.0% over last year
• September Single-family median prices were UP +7.5% at $455,000
• September condo sales UP +4.1% and median prices were UP +3.4% at $428,500
• Inventory in September DOWN -10.1% to 3,870 and Condominiums DOWN -6.4% to 1,832
• SF listings added to the market in September UP +10.9% over last year. (2,040 from 1,839 in 2014)
• Condo listings added to the market UP +11.3% over last year. (1,421 from 1,277 in 2014)
August 2015 Greater Boston Real Estate Market Trends ReportUnit Realty Group
Here’s August’s 2015’s Monthly Indicators report from the Greater Boston Association of Realtors®.
Boston Real Estate Market Trends:
Strong buyer activity in late spring/early summer pushed closed sales up in August. Supply and demand are pushing home prices up. New listings added to the market are helping increase closed sales.
• August single-family home sales – UP +13.5% over last year
• August Single-family median prices were UP 2.0% at $499,900
• August condo sales UP +4.6% and median prices UP +9.8% ($460,000)
• Inventory in August DOWN -13.0% to 3,500 and Condominiums DOWN -13.8% to 1,516
• SF listings added to the market in August UP +14.0% over last year. (1,445 from 1,267 in 2014)
• Condo listings added to the market UP +17.1% over last year. (910 from 777 in 2014)
February 2015 Greater Boston Real Estate Market Trends ReportUnit Realty Group
Here’s February 2015’s Monthly Indicators report from the Greater Boston Association of Realtors®
February condo sales closed down by almost two percent compared to the year before. Median prices continued to go up as supply continues to be down. Sellers were waiting out Mother Nature to add their homes to the market keeping new listings down in February.
• February single-family home sales: UP +5.0% over February 2014; median prices UP +7.9% ($439,500)
• February condo sales DOWN -1.8% over February 2014; median prices UP +3.5% ($403,568)
• Inventory in February DOWN -29.3% to 1,992 and Condominiums Down -32.9% to 1,057
• SF listings added to the market in February DOWN -38.7% over last year. (700 from 1,141 in 2014)
• Condo listings added to the market DOWN -33.7% over last year. (615 from 927 in 2014)
January 2015 Greater Boston Real Estate Market Trends ReportUnit Realty Group
Here’s January 2015’s Monthly Indicators report from the Greater Boston Association of Realtors®
Boston Real Estate Market Trends:
January home sales closed lower compared to last year as low inventory and end of month snow pushed off some closings. Median prices continued to go up as supply continues to be down. Sellers are waiting out Mother Nature to add their homes to the market keeping new listings down in January.
• January single-family home sales – UP +0.3% over last year and median prices UP +8.4% at $493,000
• January condo sales DOWN -18.5% and median prices UP +9.9% at $454,750
• Inventory in January DOWN -15.6% to 1,714 and condominiums DOWN -27.6% to 991
• SF listings added to the market in January DOWN -0.8% over last year. (753 from 759 in 2014)
• Condo listings added to the market DOWN -10.5% over last year. (674 from 753 in 2014)
December 2014 Greater Boston Real Estate Market Trends ReportUnit Realty Group
Here’s December 2014’s Monthly Indicators report from the Greater Boston Association of Realtors®
2014 ends on a high note with single-family closed sales up in December. Strong buyer activity, lower inventory and low interest rates pushed prices up again on homes in December. While overall inventory of homes for sale is down in our area, there continue to be pockets across that are seeing increases. 2014 was a year of lower sales, lower interest rates, lower homes for sale and higher prices.
• December single-family home sales – UP 1.3% over last year
• December Single-family median prices were UP +3.8% at $519,000
• December condo sales DOWN -4.1% and median prices UP +4.7% at $440,000
• Inventory in December DOWN -12.2% to 1,700 and Condominiums Down -28.8% to 940
• SF listings added to the market in December UP +5.6% over last year. (418 from 396 in 2013)
• Condo listings added to the DOWN -1.4% over last year. (357 from 362 in 2013)
November 2014 Greater Boston Real Estate Market Trends ReportUnit Realty Group
Here’s November 2014’s Monthly Indicators report from the Greater Boston Association of Realtors®
Strong buyer activity and low interest rates have pushed prices up on the homes that did close in November. While overall inventory of homes for sale is down statewide, there continues to be pockets across the state that are seeing increases. As the holiday season got under way in November, the number of new listings added to the market went down.
• November single-family home sales – Down 6.7% over last year.
• November Single-family median prices were UP 4.4% at $330,000
• November condo sales Down 10.2% and median prices UP 1.0% ($302,000)
• Inventory in November Down 13.2% to 19,068 and Condominiums Down 23.9% to 4,588
• SF listings added to the market in October Down 9.7% over last year. (3,575 from 3,958 in 2013)
• Condo listings added to the market Down 3.3% over last year. (1,343 from 1,389 in 2013)
September 2014 Multi-family Housing Activity Report – Boston, MA Real EstateUnit Realty Group
Here’s September 2014′s Monthly Multi-family Housing Activity Report from the Greater Boston Association of Realtors®.
(Multi-family housing activity comparing September 2014 to September 2013)
• Closed sales were up +8.0%
• Median prices were up +13.4%
• Inventory of Homes for Sale were down -18.3%
• Months Supply of Home for Sale were down -19.1%
• Days on market until sale were up +57.1%
• Percentage of original list price received were down -1.5%
• New Listings were up +13.5%
Boston By The Numbers - Boston Housing Stock (Report)Unit Realty Group
Here's an interesting report from late last year produced by the Boston Redevelopment Authority that details the history and current state of Boston housing stock. It's an interesting summary of our housing market filled with historical data, charts and graphs.
May 2014 Multi-family Housing Activity Report – Boston, MA Real EstateUnit Realty Group
Here’s April 2014′s Monthly Multi-family Housing Activity Report from the Greater Boston Association of Realtors®.
(Comparing May 2014 to May 2013)
• Closed sales were down -3.7%
• Median prices were up +14.1%
• Inventory of Homes for Sale were down -23.0%
• Months Supply of Home for Sale were down -28.2%
• Days on market until sale were down -20.7%
• Percentage of original list price received were up +1.2%
• New Listings were up +4.2%
November 2013 Multi-family Housing Activity Report – Boston, MA Real EstateUnit Realty Group
Here’s November 2013′s Monthly Multi-family Housing Activity Report from the Greater Boston Association of Realtors®.
(Comparing October 2013 to October 2012)
• Closed sales were unchanged
• Median prices were up +15.9%
• Inventory of homes for sale were down -35.8%
• Months supply of homes for sale were down -37.8%
• Days on market until sale were down -9.5%
• Percentage of original list price received were up +1.5%
• New Listings were down -23%
October 2013 Multi-family Housing Activity Report – Boston, MA Real EstateUnit Realty Group
Here’s October 2013′s Monthly Multifamily Housing Activity Report from the Greater Boston Association of Realtors®.
What’s Going On In The Market? (Comparing October 2013 to October 2012)
• Closed sales are up +10.5%
• Median Prices are up +13.3%
• Inventory is down -34.8%
• Months Supply of Homes for Sale is down -38.7%
• Days on market are down -26.1%
• New Listings are up +12.5
September 2013 Multifamily Housing Activity Report – Boston, MA Real EstateUnit Realty Group
Here’s September 2013′s Monthly Multifamily Housing Activity Report from the Greater Boston Association of Realtors®.
What’s Going On In The Market? (Comparing September 2013 to September 2012)
• Closed sales are up
• Median Prices are up
• Days on market are down
• Percentage of Original List Price to Price Received is up
• New Listings are up
July 2013's Monthly Indicators report - Boston Real Estate Market TrendsUnit Realty Group
Here's July 2013's Monthly Indicators report from the Greater Boston Association of Realtors.
What's going on in the Boston real estate market?
• July volume of closed sales (all property types) UP +17.2% over July, 2012
• July single-family market median sales price UP 4.5% over July, 2012
• July condo market median sales price UP 4% over July, 2012
July 2013's Monthly Indicators report - Boston Real Estate Market Trends
January 2013's Monthly Indicators report
1. Monthly Indicators
A RESEARCH TOOL PROVIDED BY THE GREATER BOSTON ASSOCIATION OF REALTORS®
January 2013 Quick Facts
The idea of doing data analysis is about as exciting to some as renewing a
driver's license. Sometimes watching monthly figures can feel like watching
+ 18.4% + 15.3% + 22.3%
grass grow. Try to ignore the confusion of high school statistics class – those Year-Over-Year Year-Over-Year Year-Over-Year
regressions and cotangents can't hurt you anymore. The number crunching is (YoY) Change in (YoY) Change in (YoY) Change in
done for you, so let the trend be your friend. And for the first time since 2006, Closed Sales Closed Sales Closed Sales
the numbers are largely positive. Let's look at the cheat sheet. All Properties Single-Family Only Condominium Only
New Listings in the Greater Boston region were down 6.3 percent for detached
homes and 4.2 percent for condominiums. Closed Sales increased 15.3 percent Single-Family Market Overview 2
for detached homes and 22.3 percent for condominiums. Condominium Market Overview 3
Closed Sales 4
The Median Sales Price was up 6.0 percent to $430,000 for single-family
properties and 3.5 percent to $367,250 for condominiums. Months Supply of Median Sales Price 5
Inventory decreased 42.8 percent for single-family units and 52.8 percent for Housing Affordability Index 6
townhouse-condo units.
Inventory of Homes for Sale 7
It's important to watch the economy, since job growth directly fuels home Months Supply of Inventory 8
purchases and since the housing industry generates jobs. The economy has Days On Market Until Sale 9
added about 6.1 million jobs over the past 35 months, a sluggish but
encouraging trend. Interest rates are slowly moving higher in some regions,
Percent of Original List Price Received 10
though the affordability picture remains extremely attractive. Pending Sales 11
New Listings 12
City of Boston Overview 13
Click on desired metric to jump to that page.
Data is refreshed regularly to capture changes in market activity so figures shown may be different than previously reported. Current as of February 22, 2013. All data from MLS Property
Information Network, Inc. Provided by Greater Boston Association of REALTORS® and the Massachusetts Association of REALTORS®. Powered by 10K Research and Marketing.
2. Single-Family Market Overview
Key market metrics for the current month and year-to-date figures for Single-Family Homes Only.
Key Metrics Historical Sparklines Jan-2012 Jan-2013 +/– YTD 2012 YTD 2013 +/–
Closed Sales 522 602 + 15.3% 522 602 + 15.3%
1-2010 1-2011 1-2012 1-2013
Median Sales Price $405,500 $430,000 + 6.0% $405,500 $430,000 + 6.0%
1-2010 1-2011 1-2012 1-2013
Housing Affordability Index 120 122 + 1.7% 120 122 + 1.7%
1-2010 1-2011 1-2012 1-2013
Inventory of Homes for Sale 3,649 2,407 - 34.0% -- -- --
1-2010
1 2010 1-2011
1 2011 1-2012
1 2012 1-2013
1 2013
Months Supply of Inventory 7.0 4.0 - 42.8% -- -- --
1-2010 1-2011 1-2012 1-2013
Days on Market Until Sale 130 109 - 16.3% 130 109 - 16.3%
1-2010 1-2011 1-2012 1-2013
Percent of Original
90.5% 93.8% + 3.7% 90.5% 93.8% + 3.7%
List Price Received
1-2010 1-2011 1-2012 1-2013
Pending Sales 540 584 + 8.1% 540 584 + 8.1%
1-2010 1-2011 1-2012 1-2013
New Listings 963 902 - 6.3% 963 902 - 6.3%
1-2010 1-2011 1-2012 1-2013
All data from MLS Property Information Network, Inc. Provided by the Greater Boston Association of REALTORS® and the Massachusetts Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 2
3. Condominium Market Overview
Key market metrics for the current month and year-to-date figures for Condominium Properties Only.
Key Metrics Historical Sparklines Jan-2012 Jan-2013 +/– YTD 2012 YTD 2013 +/–
Closed Sales 412 504 + 22.3% 412 504 + 22.3%
1-2010 1-2011 1-2012 1-2013
Median Sales Price $355,000 $367,250 + 3.5% $355,000 $367,250 + 3.5%
1-2010 1-2011 1-2012 1-2013
Housing Affordability Index 136 141 + 4.0% 136 141 + 4.0%
1-2010 1-2011 1-2012 1-2013
Inventory of Homes for Sale 2,970 1,715 - 42.3% -- -- --
1-2010
1 2010 1-2011
1 2011 1-2012
1 2012 1-2013
1 2013
Months Supply of Inventory 7.2 3.4 - 52.8% -- -- --
1-2010 1-2011 1-2012 1-2013
Days on Market Until Sale 125 88 - 29.6% 125 88 - 29.6%
1-2010 1-2011 1-2012 1-2013
Percent of Original
93.0% 96.0% + 3.2% 93.0% 96.0% + 3.2%
List Price Received
1-2010 1-2011 1-2012 1-2013
Pending Sales 483 618 + 28.0% 483 618 + 28.0%
1-2010 1-2011 1-2012 1-2013
New Listings 954 914 - 4.2% 954 914 - 4.2%
1-2010 1-2011 1-2012 1-2013
All data from MLS Property Information Network, Inc. Provided by the Greater Boston Association of REALTORS® and the Massachusetts Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 3
4. Closed Sales
A count of the actual sales that have closed in a given month.
January Year to Date Single-Family
YoY
Change
Condominium
YoY
Change
Feb-2012 464 + 32.2% 384 + 12.3%
Mar-2012 648 + 16.5% 607 + 11.0%
602 602
Apr-2012 743 + 12.6% 758 + 20.1%
522 504 522 504 May-2012 1,005 + 20.5% 1,012 + 32.1%
460 460
Jun-2012 1,510 + 21.3% 1,264 + 20.3%
400 412 400 412
Jul-2012 1,279 + 25.3% 1,040 + 21.6%
Aug-2012 1,299 + 26.0% 1,203 + 25.2%
Sep-2012 766 - 1.2% 753 + 16.4%
Oct-2012 791 + 28.6% 711 + 38.9%
Nov-2012 906 + 32.5% 759 + 35.1%
Dec-2012 824 + 11.8% 765 + 19.0%
2011 2012 2013 2011 2012 2013 2011 2012 2013 2011 2012 2013
Jan-2013 602 + 15.3% 504 + 22.3%
+13.5% +15.3% +3.0% +22.3% +13.5% +15.3% +3.0% +22.3%
Total 10,837 + 20.0% 9,760 + 23.1%
Single-Family Condominium Single-Family Condominium
Historical Closed Sales Activity Single-Family Condominium
1,800
1,600
1,400
1,200
1,000
800
600
400
200
Jan-2003 Jan-2004 Jan-2005 Jan-2006 Jan-2007 Jan-2008 Jan-2009 Jan-2010 Jan-2011 Jan-2012 Jan-2013
All data from MLS Property Information Network, Inc. Provided by the Greater Boston Association of REALTORS® and the Massachusetts Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 4
5. Median Sales Price
Median price point for all closed sales, not accounting for seller concessions, in a given month.
January Year to Date Single-Family
YoY
Change
Condominium
YoY
Change
Feb-2012 $395,000 + 3.9% $370,000 + 6.2%
$449,000 $449,000 Mar-2012 $414,838 - 1.5% $340,000 + 4.6%
$430,000 $430,000
$405,500 $405,500 Apr-2012 $418,500 - 2.9% $371,500 + 4.6%
$367,250 $367,250
$356,000 $355,000 $356,000 $355,000 May-2012 $465,000 + 1.4% $381,000 + 4.4%
Jun-2012 $503,250 - 0.3% $400,000 + 6.7%
Jul-2012 $510,000 + 2.0% $387,000 + 6.3%
Aug-2012 $490,000 - 1.8% $380,000 + 3.0%
Sep-2012 $430,475 - 4.3% $375,000 + 2.0%
Oct-2012 $430,000 + 10.3% $366,265 + 5.1%
Nov-2012 $448,250 + 6.0% $380,000 + 8.4%
Dec-2012 $470,000 + 6.8% $383,000 + 11.0%
2011 2012 2013 2011 2012 2013 2011 2012 2013 2011 2012 2013
Jan-2013 $430,000 + 6.0% $367,250 + 3.5%
-9.7% +6.0% -0.3% +3.5% -9.7% +6.0% -0.3% +3.5%
Median $460,000 + 2.2% $380,000 + 5.6%
Single-Family Condominium Single-Family Condominium
Historical Median Sales Price Single-Family Condominium
$550,000
$500,000
$450,000
$400,000
$350,000
$300,000
$250,000
Jan-2003 Jan-2004 Jan-2005 Jan-2006 Jan-2007 Jan-2008 Jan-2009 Jan-2010 Jan-2011 Jan-2012 Jan-2013
All data from MLS Property Information Network, Inc. Provided by the Greater Boston Association of REALTORS® and the Massachusetts Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 5
6. Housing Affordability Index
This index measures housing affordability for the region. An index of 120 means the median household income was 120% of what is necessary
to qualify for the median-priced home under prevailing interest rates. A higher number means greater affordability.
January Year to Date Single-Family
YoY
Change
Condominium
YoY
Change
141 141 Feb-2012 124 + 10.4% 131 + 8.3%
136 136
Mar-2012 118 + 15.0% 141 + 8.8%
120 122 120 120 122 120 Apr-2012 116 + 16.0% 129 + 8.2%
May-2012 106 + 10.2% 127 + 7.2%
97 97
Jun-2012 100 + 11.7% 124 + 4.9%
Jul-2012 101 + 11.2% 130 + 6.9%
Aug-2012 105 + 14.1% 132 + 9.1%
Sep-2012 121 + 18.5% 137 + 11.6%
Oct-2012 120 + 2.3% 139 + 6.8%
Nov-2012 117 + 6.5% 135 + 4.3%
Dec-2012 113 + 6.5% 136 + 2.9%
2011 2012 2013 2011 2012 2013 2011 2012 2013 2011 2012 2013
Jan-2013 122 + 1.7% 141 + 4.0%
+24.3% +1.7% +13.4% +4.0% +24.3% +1.7% +13.4% +4.0%
Average 114 +10.3% 134 +6.9%
Single-Family Condominium Single-Family Condominium
Historical Housing Affordability Index Single-Family Condominium
150
140
130
120
110
100
90
80
70
60
Jan-2004 Jan-2005 Jan-2006 Jan-2007 Jan-2008 Jan-2009 Jan-2010 Jan-2011 Jan-2012 Jan-2013
All data from MLS Property Information Network, Inc. Provided by the Greater Boston Association of REALTORS® and the Massachusetts Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 6
7. Inventory of Homes for Sale
The number of properties available for sale in active status at the end of a given month.
January Single-Family
YoY
Change
Condominium
YoY
Change
Feb-2012 4,040 + 6.7% 3,256 - 16.7%
3,734 3,649 3,672 Mar-2012 4,664 + 2.0% 3,689 - 21.2%
Apr-2012 5,014 - 4.5% 3,842 - 25.7%
2,970
May-2012 5,111 - 9.8% 3,655 - 29.9%
2,407 Jun-2012 4,792 - 15.3% 3,389 - 33.4%
Jul-2012 4,364 - 20.9% 3,125 - 33.6%
1,715 Aug-2012 4,016 - 24.1% 2,722 - 35.4%
Sep-2012 4,216 - 24.3% 2,840 - 34.2%
Oct-2012 3,925 - 26.5% 2,602 - 36.4%
Nov-2012 3,271 - 27.9% 2,194 - 38.8%
Dec-2012 2,406 - 33.3% 1,642 - 41.6%
2011 2012 2013 2011 2012 2013 Jan-2013 2,407 - 34.0% 1,715 - 42.3%
-2.3% -34.0% -19.1% -42.3% Average 4,019 - 17.5% 2,889 - 31.7%
Single-Family Condominium
Historical Inventory of Homes for Sale Single-Family Condominium
9,000
8,000
7,000
6,000
5,000
4,000
3,000
2,000
1,000
Jan-2003 Jan-2004 Jan-2005 Jan-2006 Jan-2007 Jan-2008 Jan-2009 Jan-2010 Jan-2011 Jan-2012 Jan-2013
All data from MLS Property Information Network, Inc. Provided by the Greater Boston Association of REALTORS® and the Massachusetts Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 7
8. Months Supply of Inventory
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.
January Single-Family
YoY
Change
Condominium
YoY
Change
9.2 Feb-2012 8.7 - 19.3% 8.5 - 25.8%
8.1 Mar-2012 7.2 - 12.5% 6.1 - 29.0%
7.2 Apr-2012 6.7 - 15.2% 5.1 - 38.1%
7.0
May-2012 5.1 - 25.1% 3.6 - 46.9%
Jun-2012 3.2 - 30.2% 2.7 - 44.6%
Jul-2012 3.4 - 36.8% 3.0 - 45.4%
4.0 Aug-2012 3.1 - 39.8% 2.3 - 48.4%
3.4 Sep-2012 5.5 - 23.5% 3.8 - 43.5%
Oct-2012 5.0 - 42.8% 3.7 - 54.2%
Nov-2012 3.6 - 45.5% 2.9 - 54.7%
Dec-2012 2.9 - 40.4% 2.1 - 50.9%
2011 2012 2013 2011 2012 2013 Jan-2013 4.0 - 42.8% 3.4 - 52.8%
-13.9% -42.8% -21.5% -52.8% Average 4.9 - 26.4% 4.0 - 38.5%
Single-Family Condominium
Historical Months Supply of Inventory Single-Family Condominium
16
14
12
10
8
6
4
2
0
Jan-2004 Jan-2005 Jan-2006 Jan-2007 Jan-2008 Jan-2009 Jan-2010 Jan-2011 Jan-2012 Jan-2013
All data from MLS Property Information Network, Inc. Provided by the Greater Boston Association of REALTORS® and the Massachusetts Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 8
9. Days on Market Until Sale
Average number of days between when a property is listed and when an offer is accepted in a given month.
January Year to Date Single-Family
YoY
Change
Condominium
YoY
Change
Feb-2012 134 + 3.7% 123 - 9.8%
130 131 130 131
125 125 Mar-2012 130 - 3.1% 117 - 4.6%
114 114 Apr-2012 120 - 1.7% 98 - 16.8%
109 109
May-2012 96 - 5.9% 86 - 11.9%
88 88 Jun-2012 90 - 0.2% 75 - 20.4%
Jul-2012 80 - 3.9% 71 - 20.6%
Aug-2012 87 - 5.8% 76 - 18.3%
Sep-2012 89 - 12.0% 85 - 18.1%
Oct-2012 90 - 17.6% 84 - 11.4%
Nov-2012 89 - 17.9% 76 - 30.5%
Dec-2012 97 - 12.4% 84 - 30.0%
2011 2012 2013 2011 2012 2013 2011 2012 2013 2011 2012 2013
Jan-2013 109 - 16.3% 88 - 29.6%
+14.7% -16.3% -4.7% -29.6% +14.7% -16.3% -4.7% -29.6%
Total 97 - 7.7% 79 - 17.3%
Single-Family Condominium Single-Family Condominium
Historical Days on Market Until Sale Single-Family Condominium
160
140
120
100
80
60
40
Jan-2003 Jan-2004 Jan-2005 Jan-2006 Jan-2007 Jan-2008 Jan-2009 Jan-2010 Jan-2011 Jan-2012 Jan-2013
All data from MLS Property Information Network, Inc. Provided by the Greater Boston Association of REALTORS® and the Massachusetts Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 9
10. Percent of Original List Price Received
Percentage found when dividing a property’s sales price by its original list price, then taking the average for all properties sold in a given month,
not accounting for seller concessions.
January Year to Date Single-Family
YoY
Change
Condominium
YoY
Change
Feb-2012 91.2% + 0.3% 93.4% + 1.5%
Mar-2012 93.0% + 0.7% 94.0% + 0.9%
96.0% 96.0% Apr-2012 93.5% + 0.8% 95.7% + 2.0%
90.9% 90.5% 93.8% 92.3% 93.0% 90.9% 90.5% 93.8% 92.3% 93.0%
May-2012 95.4% + 1.1% 96.1% + 1.0%
Jun-2012 95.3% + 0.8% 96.4% + 1.8%
Jul-2012 95.8% + 1.6% 96.6% + 1.7%
Aug-2012 94.8% + 1.5% 96.3% + 2.2%
Sep-2012 94.6% + 1.5% 96.4% + 2.3%
Oct-2012 94.3% + 2.8% 95.9% + 2.5%
Nov-2012 94.6% + 2.3% 96.2% + 2.5%
Dec-2012 94.2% + 2.2% 96.2% + 3.4%
2011 2012 2013 2011 2012 2013 2011 2012 2013 2011 2012 2013
Jan-2013 93.8% + 3.7% 96.0% + 3.2%
-0.5% +3.7% +0.7% +3.2% -0.5% +3.7% +0.7% +3.2%
Average 94.5% + 1.6% 95.9% + 2.1%
Single-Family Condominium Single-Family Condominium
Historical Percent of Original List Price Received Single-Family Condominium
99%
98%
97%
96%
95%
94%
93%
92%
91%
90%
89%
Jan-2003 Jan-2004 Jan-2005 Jan-2006 Jan-2007 Jan-2008 Jan-2009 Jan-2010 Jan-2011 Jan-2012 Jan-2013
All data from MLS Property Information Network, Inc. Provided by the Greater Boston Association of REALTORS® and the Massachusetts Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 10
11. Pending Sales
A count of the properties in UAG status between the first and last day in a given month, regardless of current status (based on Off Market Date).
January Year to Date Single-Family
YoY
Change
Condominium
YoY
Change
Feb-2012 639 + 22.2% 635 + 24.3%
618 618 Mar-2012 982 + 25.1% 1,009 + 32.2%
584 584
Apr-2012 1,142 + 21.7% 1,047 + 24.6%
540 540
483 483 May-2012 1,326 + 23.1% 1,266 + 28.9%
423 423 Jun-2012 1,255 + 13.3% 1,040 + 19.4%
407 407
Jul-2012 1,045 + 26.4% 831 + 9.1%
Aug-2012 896 + 17.1% 817 + 22.5%
Sep-2012 842 + 28.0% 718 + 38.6%
Oct-2012 870 + 17.9% 821 + 38.9%
Nov-2012 793 + 17.5% 666 + 18.5%
Dec-2012 599 + 6.4% 507 + 8.3%
2011 2012 2013 2011 2012 2013 2011 2012 2013 2011 2012 2013
Jan-2013 584 + 8.1% 618 + 28.0%
+27.7% +8.1% +18.7% +28.0% +27.7% +8.1% +18.7% +28.0%
Total 10,973 + 19.3% 9,975 + 24.4%
Single-Family Condominium Single-Family Condominium
Historical Pending Sales Activity Single-Family Condominium
1,400
1,200
1,000
800
600
400
200
Jan-2003 Jan-2004 Jan-2005 Jan-2006 Jan-2007 Jan-2008 Jan-2009 Jan-2010 Jan-2011 Jan-2012 Jan-2013
All data from MLS Property Information Network, Inc. Provided by the Greater Boston Association of REALTORS® and the Massachusetts Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 11
12. New Listings
A count of the properties that have been newly listed on the market in a given month.
January Year to Date Single-Family
YoY
Change
Condominium
YoY
Change
Feb-2012 1,319 + 50.1% 1,141 + 5.6%
Mar-2012 2,008 + 3.3% 1,740 - 11.7%
963 974 954 963 974 954 Apr-2012 1,798 - 8.8% 1,499 - 13.0%
902 914 902 914
837 837 May-2012 1,783 - 4.6% 1,387 - 7.6%
Jun-2012 1,351 - 15.4% 1,152 - 14.2%
Jul-2012 1,022 - 12.5% 902 - 7.6%
Aug-2012 1,001 - 8.7% 790 - 7.5%
Sep-2012 1,419 - 10.2% 1,153 - 9.6%
Oct-2012 1,078 - 4.6% 881 - 2.1%
Nov-2012 648 - 3.4% 562 - 10.2%
Dec-2012 364 - 19.5% 317 - 18.3%
2011 2012 2013 2011 2012 2013 2011 2012 2013 2011 2012 2013
Jan-2013 902 - 6.3% 914 - 4.2%
+15.1% -6.3% -2.1% -4.2% +15.1% -6.3% -2.1% -4.2%
Total 14,693 - 4.1% 12,438 - 8.5%
Single-Family Condominium Single-Family Condominium
Historical New Listing Activity Single-Family Condominium
2,750
2,500
2,250
2,000
1,750
1,500
1,250
1,000
750
500
250
0
Jan-2003 Jan-2004 Jan-2005 Jan-2006 Jan-2007 Jan-2008 Jan-2009 Jan-2010 Jan-2011 Jan-2012 Jan-2013
All data from MLS Property Information Network, Inc. Provided by the Greater Boston Association of REALTORS® and the Massachusetts Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 12
13. City of Boston – Market Overview
Key market metrics for the current month and year-to-date figures for the City of Boston.
Key Metrics Historical Sparklines Jan-2012 Jan-2013 +/– YTD 2012 YTD 2013 +/–
Closed Sales 240 266 + 10.8% 240 266 + 10.8%
1-2010 1-2011 1-2012 1-2013
Median Sales Price $380,000 $412,500 + 8.6% $380,000 $412,500 + 8.6%
1-2010 1-2011 1-2012 1-2013
Housing Affordability Index 120 122 + 1.7% 120 122 + 1.7%
1-2010 1-2011 1-2012 1-2013
Inventory of Homes for Sale 1,572 809 - 48.5% -- -- --
1-2010
1 2010 1-2011
1 2011 1-2012
1 2012 1-2013
1 2013
Months Supply of Inventory 6.6 3.0 - 53.6% -- -- --
1-2010 1-2011 1-2012 1-2013
Days on Market Until Sale 120 76 - 36.2% 120 76 - 36.2%
1-2010 1-2011 1-2012 1-2013
Percent of Original
92.9% 96.4% + 3.8% 92.9% 96.4% + 3.8%
List Price Received
1-2010 1-2011 1-2012 1-2013
Pending Sales 267 302 + 13.1% 267 302 + 13.1%
1-2010 1-2011 1-2012 1-2013
New Listings 569 483 - 15.1% 569 483 - 15.1%
1-2010 1-2011 1-2012 1-2013
All data from MLS Property Information Network, Inc. Provided by the Greater Boston Association of REALTORS® and the Massachusetts Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 13