October 2018 Greater Boston Real Estate Market Trends

Here’s October 2018’s Monthly Indicators Report from the Greater Boston Association of Realtors® showing Boston real estate market trends.


October 2018 Greater Boston Real Estate Market Trends

The combination of a slower sales pace and a steady increase in the number of homes for sale in metropolitan Boston helped to create a more balanced housing market and improved opportunity for buyers entering the residential housing market during October, according to data released by the Greater Boston Association of REALTORS® (GBAR).

Last month, a total of 1,073 single-family detached homes were sold in metropolitan Boston, which was the sixth highest sales total on record for the month but reflects a modest 4.4 percent decrease from the 1,122 homes sold in October 2017. On a month-to-month basis, however, single-family home sales rose a healthy 8.5 percent from September when just 989 homes were sold. Similarly, the condo market declined on an annual basis by 8.6 percent, from 861 units sold in October 2017 to 787 last month, but on a month-to-month basis the number of condos sold rose 3.7 percent from 759 units sold in September.

Condominium
  • October condo sales DOWN -8.6%
  • Median prices UP +7.3% ($542,000)
  • Active Listings UP +13.9% to 2,332
  • Listings added to the market UP 20.3% over last year (1,324 from 1,101 in 2017)
Single-Family
  • October single-family home sales DOWN -4.4%
  • Median prices UP +7.1% ($605,000)
  • Active Listings UP +5.0% to 3,076
  • Listings added to the market UP +20.6% over last year (1,574 from 1,305 in 2017)

Interested In Specific Neighborhood / Area Real Estate Market Trend Data?

 

October 2018 Greater Boston Market Trends

Anna Roberts

REALTOR® & Operations Executive at Unit Realty Group.

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September 2018 Greater Boston Real Estate Market Trends

Here’s September 2018’s Monthly Indicators Report from the Greater Boston Association of Realtors® showing Boston real estate market trends.


September 2018 Greater Boston Real Estate Market Trends

Sales and median selling prices of both single-family detached homes and condominiums rose once again in the month of September. However, both experienced a decline in total sales volume, below the historical monthly average according to data issued by the Greater Boston Association of REALTORS® (GBAR).

Condominium
  • September condo sales DOWN -15.2%
  • Median prices UP +14.6% ($570,000)
  • Active Listings UP +3.5% to 2,229
  • Listings added to the market UP 9.8% over last year (1,607 from 1,464 in 2017)
Single-Family
  • September single-family home sales DOWN -12.5%
  • Median prices UP +4.7% ($599,900)
  • Active Listings UP +0.3% to 3,191
  • Listings added to the market UP +4.7% over last year (1,990 from 1,900 in 2017)

Interested In Specific Neighborhood / Area Real Estate Market Trend Data?

 

September 2018 Greater Boston Market Trends

Anna Roberts

REALTOR® & Operations Executive at Unit Realty Group.

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20 Questions with Unit Realty Group Agent Corey Wade

Corey Wade: Q&A

Unit Realty Group_Corey Wade

  1. Describe your dream home? The house itself is less important to me than there being a plethora of natural light and a huuuuuuge yard. Ideally in the mountains somewhere. When I say huge yard, I think I just mean huge mountain
  2. What is your Starbucks order? Venti Cold Brew, black. However, I’m more of a Dunkin’ guy these days
  3. Hometown? Scottsdale, AZ
  4. Favorite neighborhood? I’ve gone through several different phases, but I’d say financial district on the weekend during the non-tourist season. It can sometimes feel like you have the city to yourself, which is both eerie and magical at the same time
  5. Adult beverage? Bud light
  6. Most used emoji? It’s probably a tie between the clenched teeth emoji 😁 and the bicep emoji 💪
  7. Favorite room in the house? Whichever room has the most natural light! In my current case, the living room
  8. Favorite park? Boston Common
  9. Charity of choice? Greater Boston Food Bank
  10. Morning routine? Wake up, meditate, coffee, email, foooood. Usually more or less in that order
  11. Fixer upper or turn key? Depends…Fixer upper can be more rewarding, but it can also be a major pain in the a**
  12. Favorite city activity? Exploring by foot. Kayaking in the Charles River is pretty great too
  13. Favorite local shop? Mr. Music in Allston
  14. RedSox, Bruins, Celtics or Patriots? Celtics
  15. Cat or dog? I love both! However, I am a cat owner, so…
  16. Favorite restaurant? Really hard to pick a favorite, but Max and Leo’s Pizza in Newton Corner is probably my current fave
  17. Favorite season? Summah
  18. Guilty pleasure? John Mayer
  19. Favorite candy? I’m actually not really a candy eater, but I used to love SweeTarts as a kid
  20. Favorite color? Green

Click over to our agent page to read Corey’s full bio.

Anna Roberts

REALTOR® & Operations Executive at Unit Realty Group.

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