Heres June 2016s Monthly Multi-family Housing Activity Report from the Greater Boston Association of Realtors showing Boston multifamily housing trends.
[slideshare id=64328598&doc=june2016multi-familyhousingactivityreport-160724155133]
(Boston multifamily housing trends comparing June 2016 to June 2015)
- Closed sales were -7.9% to 210
- Median prices were + 9.8% ($620,000)
- Inventory of homes for sale were - 36.9% (357)
- Months supply of home for sale were - 40.6% (1.9)
- Days on market until sale were + 4.5% (46)
- Percentage of original list price received were +1.0% (101.3%)
- New Listings were - 4.2% (344)
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.