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April 2013 Monthly Multi-family Housing Activity Report Boston Real Estate

Heres the Multi-Family Housing Activity Report, April 2013 from the Greater Boston Association of Realtors

[slideshare id=22132005&doc=mfreportapril2013-130529084445-phpapp02]

Whats this months bottom-line takeaway?

Multifamily home median sale prices are up 32.1%, but sales are down by 16.2% over last April. Drops in inventory and months supply of multifamily homes for sale are both down by + 41% over last year and are responsible for the drop in closed sales.