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Boston Real Estate Market Update 7/6/2016

Boston real estate market median pricesBoston real estate market median prices7/6/2016- Here's this month's Boston real estate market update! Inventory in the core downtown neighborhoods of Boston seems to have loosened up just a bit. Last year at this time there were 372 units downtown wide. Now there are 383. Progress. Average days-on-market downtown-wide YTD continues to be minimal at an average of 31 days, which has gone down in the last month. As stated before, many properties go under agreement in just a few days. Median price is up 7.6% YTD over last year, going from $675,000 to $726,000.It is a really good time to be a seller. My listings have sold for an average 103.5% of asking 4 median days-to-offer in the last 12 months. Please get in touch to find out the current value of your property.If you are looking to purchase, you need experienced help securing the property, getting it for the best possible price and terms, and managing the transaction. Click here for more info.

Click on the neighborhood or town below for complete updated metrics.

Downtown overview
Back Bay South End
Beacon Hill Midtown
Waterfront Seaport
South Boston North End
Leather Dist. Fenway
Cambridge Somerville
Charlestown Brighton
Dorchester Brookline
Newton Arlington

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