02116 Zip Code Real Estate Market Continues Upward Trend in Price Cuts

The number of price cuts in the 02116 zip code market climbed to 26 over the last 30 days, furthering an emerging positive trend. Despite drops in list prices, sales also decreased to 30 homes sold. While price reduction from sellers trended higher, the amount of available homes also increased, reaching a volume of three months of inventory, its highest point since April. In spite of the decrease in sales, the lack of inventory signals that the 02116 zip code is still a seller's market.

If you have been waiting for prices to drop, now is your chance to look at these listings in the 02116 zip code:

$7.2M   $8.8M   $4.9M  

Get started right now by checking out 02116 homes for sale or reviewing 02116 real estate trends.

Demographic facts about the 02116 zip code:

  • The median age of all homes is 80.
  • This area usually gets 41.2 inches of snow each year. (U.S. average: 25)
  • The rating in which jobs are expected to grow is 53. (Scale: 1 = Worst, 100 = Best)
  • The average expenditures for each student in the area is $11,326. ($5,691 = national average)

Data reported through 10/12/2016

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Coldwell Banker Residential Brokerage - Arlington
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Keller Williams Realty Boston-Metro | Back Bay
Snapped 9 homes in this area

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