Heres July 2014s Monthly Multi-family Housing Activity Report from the Greater Boston Association of Realtors.
(Multi-family housing activity comparing July 2013 to July 2014)
- Closed sales were up +2.5%
- Median prices were up +11.8%
- Inventory of Homes for Sale were down -22.6%
- Months Supply of Home for Sale were down -23.4%
- Days on market until sale were up +59.5%
- Percentage of original list price received were down -0.3%
- New Listings were up +5.4%
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.