April 2018 Greater Boston Real Estate Market Trends

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


April 2018 Greater Boston Real Estate Market Trends

Sales of single-family homes and condominiums in April increased from year ago levels in Greater Boston as rising mortgage rates, an influx on new listings for sale, and continued strengthening in home values fueled an increase in market activity.

Condominium
  • April condo sales UP +16.2%
  • Median prices UP +14.2% ($593,629)
  • Active Listings DOWN -5.1% to 1,751
  • Listings added to the market UP +21.2% over last year (1,706 from 1,408 in 2017)
Single-Family
  • April single-family home sales UP +0.2%
  • Median prices UP +3.7% ($612,000)
  • Active Listings DOWN -15.3% to 2,541
  • Listings added to the market UP +11.2% over last year (2,196 from 1,974 in 2017)

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

 

April 2018 Greater Boston Rea Estate Market Indicators 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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