Boston Real Estate and the Starbucks effect | Yes, you can overprice...

As you are no doubt aware the Boston real estate market is white hot. Homebuyers are very active in the marketplace, and home sellers are scarce. The inequality of demand to supply has lead to historic low housing inventory levels and has kept most of greater Boston real estate in the grips of a seller's market for years.

February condo sales closed down by almost two percent compared to the year before. Median prices continued to go up as supply continues to be down. Sellers were waiting out Mother Nature to add their homes to the market keeping new listings down in February.

Heres February 2015s Monthly Multi-family Housing Activity Report from the Greater Boston Association of Realtors.

(Multi-family housing activity comparing February 2015 to February 2014)

What fuels Boston real estate values? The answer is the same thing that fuels the rest of us: coffee. In fact, the value of homes within a quarter-mile of a Starbucks rise faster than those that aren't, according to a recent Zillow study.

Spring-Forward 2015: What 'that' hour means in terms of Boston area real estate

January home sales closed lower compared to last year as low inventory and end of month snow pushed off some closings. Median prices continued to go up as supply continues to be down.

Heres January 2015s Monthly Multi-family Housing Activity Report from the Greater Boston Association of Realtors.

(Multi-family housing activity comparing January 2014 to January 2015)

Selling Your Home In Winter ... The Market's Moving, Even In This Weather. Are You?

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.