2014 ends on a high note with single-family closed sales up in December. Strong buyer activity, lower inventory and low interest rates pushed prices up again on homes in December.
Heres December 2014s Monthly Multi-family Housing Activity Report from the Greater Boston Association of Realtors.
(Multi-family housing activity comparing December 2014 to December 2013)
Strong buyer activity and low interest rates have pushed prices up on the homes that did close in November. While overall inventory of homes for sale is down statewide, there continues to be pockets across the state that are seeing increases.
Heres November 2014s Monthly Multi-family Housing Activity Report from the Greater Boston Association of Realtors.
(Multi-family housing activity comparing November 2013 to November 2014)
Continued buyer activity and moderating prices pushed closed sales up in October. Inventory of homes for sale continued to go up in individual neighborhoods and markets across the state.
Here's the latest update of Real Estate Rewind, an online quarterly report produced by the Greater Boston Real Estate Board (GBAR) which summarizes residential real estate market activity in the GBAR jurisdictional area.
While closed sales were down, low interest rates and moderating prices continued to keep buyer interest high in September. Individual neighborhoods and markets across the state saw improved inventory numbers in September.
Heres September 2014s Monthly Multi-family Housing Activity Report from the Greater Boston Association of Realtors.
(Multi-family housing activity comparing September 2014 to September 2013)
With all the general data around metro Boston real estate sometimes it helps to breakdown the "magic numbers" to see what's what by location. The following table will help you see what it's taking condo buyers to win bidding wars in today's multi-offer environment and what condo sellers are getting around Boston.
Lowest interest rates of the year continued to keep buyer demand high, but the ongoing shortage of homes for sale resulted in a drop of closed sales in August 2014.
Only real estate professionals who are members of NATIONAL ASSOCIATION OF REALTORS® may call themselves REALTORS®. All REALTORS® must subscribe to NAR’s strict code of ethics, which is based on honesty, professionalism and the protection of the public.
