Heres January 2016s Monthly Multi-family Housing Activity Report from the Greater Boston Association of Realtors.
[slideshare id=58618482&doc=multifamilyreportjan2016-160223170343]
(Multi-family housing activity comparing January 2016 to January 2015)
- Closed sales were UP +18.3% to 168
- Median prices were UP +9.8% ($559,750)
- Inventory of homes for sale were DOWN -28.8% (284)
- Months supply of home for sale were DOWN -31.8% (1.5)
- Days on market until sale were UP +10.0% (66)
- Percentage of original list price received were DOWN -0.6% (97.3%)
- New Listings were UP +7.7% (153)
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.