New Growth Trend in New Listings for Greater Boston Real Estate Market

With a new upward trend of new sellers listing homes, including 6,255 over the last 30 days, and sales that have fallen to 4,210 in that same time frame, the Greater Boston market will be more selective. Potential buyers should note that prices are coming down in the Greater Boston Metro Area, and for this period the median sales price slid from $415,000 to $413,750. Despite the slip in sales, a relatively low three months of inventory indicates that the Greater Boston Metro Area is a seller's market.

You can be the one to discover a gem in the Greater Boston Metro Area by checking out these new listings:

$398K   $675K   $299K  

Get started right now by checking out Greater Boston homes for sale or reviewing Greater Boston real estate trends.

Demographic facts for the Greater Boston Metro Area:

  • This area has a median house value of $318,800.
  • The area gets an average of 122 rainy days each year. (U.S. average: 100)
  • The unemployment rate for this area is 5.7%.
  • The students per teacher ratio in this area is 13.5:1. (15.3:1 = national average)

Data reported through 10/12/2016

Comments:

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Conway - Mansfield
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William Raveis R.E. & Home Services
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