June 2016 Greater Boston Real Estate Market Trends Report

Here’s June 2016’s Monthly Indicators report from the Greater Boston Association of Realtors® showing Boston real estate market trends.


June 2016 Greater Boston Real Estate Market Trends

Halfway through 2016, residential real estate markets are performing as predicted
at the beginning of the year. Sales and prices have been going up in most areas,
while the number of homes for sale and total months’ supply of inventory have
been going down. Meanwhile, many sellers have been getting a higher percentage
of their asking price, and supply continues to struggle to meet demand. The
message may be repetitive, but it is largely positive.

  • June single-family home sales – UP + 2.5% over last year
  • June Single-family median prices were UP + 4.5% to $585,000
  • June condo sales – DOWN -0.1% and median prices UP +9.8% ($505,000)
  • Inventory in June DOWN – 18.5% to 3,015 and Condominiums DOWN – 24.6% to 1,457
  • SF listings added to the market in June DOWN – 6.2% over last year. (2,131 from 2,271 in 2015)
  • Condo listings added to the market DOWN – 8.4% over last year. (1,435 from 1,567 in 2015)

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

 

Boston Real Estate Market 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+

More Posts - Website

Follow Me:
TwitterFacebookLinkedInPinterestGoogle PlusYouTube

June 2016 Boston Multifamily Housing Market Trends Report

Here’s June 2016′s Monthly Multi-family Housing Activity Report from the Greater Boston Association of Realtors® showing Boston multifamily housing trends.



(Boston multifamily housing trends comparing June 2016 to June 2015)

  • Closed sales were -7.9% to 210
  • Median prices were + 9.8% ($620,000)
  • Inventory of homes for sale were – 36.9% (357)
  • Months supply of home for sale were – 40.6% (1.9)
  • Days on market until sale were + 4.5% (46)
  • Percentage of original list price received were +1.0% (101.3%)
  • New Listings were – 4.2% (344)

June 2016 Boston Multifamily Housing Market 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+

More Posts - Website

Follow Me:
TwitterFacebookLinkedInPinterestGoogle PlusYouTube

City Happenings: Dining Alfresco!

June 17–19, 2016 Update—This seems to be the weekend to enjoy a bite to eat out in the open air! Who wants to join me?

city happenings

Friday, June 17
•Take a break from the office and grab lunch at the Lawn on D! While you are there, watch the Berklee Summer in the City Series12pm
Taste of Haymarket Walking Tour8:30-10:30am
•Enjoy a night out on the patio at Coppa in the South End, furry friends are welcome!

Saturday, June 18
•Start your morning off right with the G’Day Mate Coffee Cruise aboard the Full Moon, the vintage yacht from Palm Beach. 10-11:30am
•Bites of Boston Food Tour. Sweet & Savory South End. Tickets are going fast! 12:30pm

Sunday, June 19
Boston Harbor Lighthouse Brunch Cruise12-2:30pm
•Don’t let Dad do the grilling this year. Head to the Father’s Day Cookout in the yard at the Liberty Hotel. 5:30pm

Best, Joe 

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

Follow Me:
TwitterFacebookLinkedInPinterestGoogle PlusYouTube