Heres May 2016s Monthly Multi-family Housing Activity Report from the Greater Boston Association of Realtors.
[slideshare id=63419649&doc=may-2016-multifamily-market-report-160624155201]
(Multi-family housing activity comparing May 2016 to May 2015)
- Closed sales were + 7.7% to 182
- Median prices were + 5.2% ($573,250)
- Inventory of homes for sale were - 44.5% (307)
- Months supply of home for sale were - 50.0% (1.6)
- Days on market until sale were + 56.4% (61)
- Percentage of original list price received were -2.0% (98.7%)
- New Listings were - 21.5% (292)
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.