Condo Comparison, March 2017

I’m happy to say we’re enjoying an overall 58% increase in volume so far this year.  Great news given the challenges of such extremely low inventory.  In looking at the bigger Greater Boston picture, 455 condos sold in February, it was the ninth-most active February on record in Greater Boston. This represents a 3.8% decline in sales volume from the 473 condos sold at the same time last year and is slightly below the historical monthly sales average of 467.  This is also the third consecutive month that condo sales have dropped on a monthly basis.  On an annual basis, the median sales price rose 14.7% from $499,000 to a February record of $515,000.

Celebrating Success

A few highlights from our Celebrating Success event at Tony C’s

Condo Comparison, Feb 2017

Hard to believe that we’re nearing the end the 1st quarter with lower inventories than ever before.  Being an optimist and given the current numbers there is only one way from here and that’s up.  Looking forward to a crazy spring market with a few surprises as the market slowly shifts.

JP vs Roslindale

 

South End vs. Back Bay – Nov, 2016

Check out our new South End vs. Back Bay Condo Comparison. We will be comparing the number of condos on the market year over year, looking at the year to date number of sales and more.

Below you will find neighborhood graphs showing: the number sales by month for the past three years, some interesting demographic tidbits and an area map.  You can also check out other neighborhoods using Clickable Maps on DestinyAgents.com or sign up for our Market Reports to receive information on properties similar to yours and in your neighborhood that are currently on the market and those that have recently been sold.  It’s a great way to get an idea of your homes appreciation.  If you want to dive deeper into the details just let us know. We can help.