The Greater Boston Board of Realtors just released the most recent market stats for the individual neighborhoods of Boston and surrounding areas. This is a great snapshot of what is going on in today’s marketplace and the changes that have occurred over the past year. What are some of the highlights of the report?
- There was a huge surge in sales volume – with 1,236 condo units closed in July 2013. (Interested in a condo? Check out our condo association questions you should ask.)
- The shortage of condo inventory (as well as single family) remains – with limited options for our clients. (But did you know we compiled off-market opportunities that highlight options that are not even on the open market?)
- Sellers are benefiting! The list to sale price ratio was almost perfect at 99.9%!
- Days on market is JUST over a month at 38 days – down 5 more days from June 2013.
Find market statts for your area… or an area you have interest in. Download the newest report HERE!
