June 2017 Greater Boston Market Real Estate Trends

Here’s June 2017’s Monthly Indicators report from the Greater Boston Association of Realtors® showing Boston real estate market trends.


June 2017 Greater Boston Real Estate Market Trends

Amid the continued shortage in the supply of homes for sale in Greater Boston and appreciating home values, sales of single-family homes and condominiums remained steady in June according to data released by the Greater Boston Association of REALTORS® (GBAR).
The single-family detached home market experienced a slight softening in sales in June as 1,907 homes we sold compared to the 1,938 homes sold in June 2016. Despite this 1.6 percent decline, this was the second highest sales volume on record for the month of June in Greater Boston, following last year’s record-high total, and is well above the historical monthly average of 1,663 homes sold. The condo market also experienced a modest decline in sales of 5.0 percent, as the 1,342 condos sold last month fell short of the June 2016 total of 1,413 units sold. This is the sixth highest sales total on record for the month of June and remains above the historical monthly average of 1,284 units sold.

Condominium
  • June condo sales DOWN -5.0%
  • Median prices UP 4.0% ($525,000)
  • Active Listings DOWN -19.5% to 1,864
  • Listings added to the market UP 3.9% over last year (1,506 from 1,449 in 2016)
Single-Family
  • June single-family home sales DOWN -1.6%
  • Median prices UP 5.1% ($615,000)
  • Active Listings DOWN -29.7% to 3,090
  • Listings added to the market DOWN -14.3% over last year (1,845 from 2,152 in 2016)

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

 


June 2017 Real Estate Trends

Joe Schutt

Committed to representing your interests with the highest level of integrity, I am dedicated to service excellence focused on personal attention and building a solid trust relationship. I listen carefully and make my clients feel comfortable in exploring their full range of real estate options and then encourage them to relax and rely on my expertise to insure that the details run smoothly and efficiently. Google+

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May 2017 Greater Boston Real Estate Trends

Here’s May 2017’s Monthly Indicators report from the Greater Boston Association of Realtors® showing Boston real estate market trends.


May 2017 Greater Boston Real Estate Market Trends

Sales of single-family detached homes experienced a modest 2.2 percent decline in year-over-years sales in May, as 1,221 homes were sold compared to 1,249 homes sold in May 2016. Despite this softening of sales, this was the fourth highest sales volume on record for the month of May and was comfortably above the historical monthly average of 1,131 homes sold. The condo market had a similar cooling in sales volume as 1,074 units were sold last month, which compared to 1,122 condos sold in May 2016 is a 4.3 percent decrease. This was the sixth highest condo sales volume in May and was also above the historical average sales volume of 1,027 units sold.

Condominium
  • May condo sales DOWN -4.3%
  • Median prices UP 8.9% ($525,381)
  • Active Listings DOWN -21.1% to 1,774
  • Listings added to the market UP 10.5% over last year (1,619 from 1,4865 in 2016)
Single-Family
  • May single-family home sales DOWN -2.2%
  • Median prices UP 13.1% ($600,000)
  • Active Listings DOWN -29.6% to 2,978
  • Listings added to the market UP 8.0% over last year (2,280 from 2,111 in 2016)

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

 

May 2017 Greater Boston Real Estate Trends Report

Joe Schutt

Committed to representing your interests with the highest level of integrity, I am dedicated to service excellence focused on personal attention and building a solid trust relationship. I listen carefully and make my clients feel comfortable in exploring their full range of real estate options and then encourage them to relax and rely on my expertise to insure that the details run smoothly and efficiently. Google+

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Pet Resume: Go the extra mile to promote your furry friend to prospective landlords

When it comes to securing your dream apartment your pet’s resume is just as important as your application. I know it sounds silly, but hey it’s 2017! Providing a pet resume along with your application demonstrates to a landlord that you take pet ownership seriously and will take full responsibility for your pet’s health, behavior, registrations and vaccinations.

Landlords face risks every time they let complete strangers into their income property. They hope it doesn’t end up ruined or seriously damaged. And let’s face it, some pets increase the likelihood. But as you and I know, not all pets pose an equal threat to their property.

Pet resumes may help you overcome any prejudices or previous negative experiences that a landlord may have about pets. Conveying a detailed summary of your pet’s best qualities: whether they’ve been vaccinated, registered or trained, improves your chance of application success. It can turn a pet-tolerant landlord into a pet-friendly one!

Unit Realty Group - Pet Resume
What to include in your Pet’s Resume:

  • Name of pet
  • Description of your pet breed, age, activity level, and temperament
  • Photos of your pet
  • Characteristics that make your pet suitable for city living
  • Something special about your pet’s personality
  • Examples of your pet’s good behavior
  • Obedience training, include certificates if available
  • Flea and external parasite prevention
  • Intestinal parasite prevention
  • Vaccination status
  • Spayed/Neutered
  • How you look after your pet, and how urine/feces are cleaned up and disposed of
  • Where your pets will be kept on the property
  • References from your veterinarian and pet trainer
  • References from previous landlords and/or neighbors
  • Microchip and registration
  • Pet insurance or health insurance
  • Arrangements for taking care of your pets when you are at work or out of town
  • If you have multiple animals describe how well they get along, and how they keep each other company when you’re not home

Joe Schutt

Committed to representing your interests with the highest level of integrity, I am dedicated to service excellence focused on personal attention and building a solid trust relationship. I listen carefully and make my clients feel comfortable in exploring their full range of real estate options and then encourage them to relax and rely on my expertise to insure that the details run smoothly and efficiently. Google+

More Posts - Website

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TwitterFacebookLinkedInPinterestGoogle PlusYouTube