Boston Real Estate Market Notches Contracts Peak

The Boston market may be in for a turnaround in the short term, a good sign considering a current nine-week downward trend. While 466 homes were sold over the last 30 days, the number of contracts executed rose to 651, the highest amount in three months. In comparison, Quincy led all other nearby municipalities with 104 contracts executed. The median sales price remained unchanged over the latest reporting period for Boston, coming in at $599,000. With only two months of inventory to sell, Boston is a strong seller's market, in spite of the dip in sales.

You never know when the perfect home may come in the market so take a look at the new listings in Boston:

$539K   $599K   $580K  

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

Demographic facts for Boston:

  • 70 years old is the median age of all the homes in the area.
  • This area usually gets 48.1 inches of snow each year. (U.S. average: 25)
  • This area has an anticipated job growth rating of 57. (Scale: 1 = Worst, 100 = Best)
  • This area has an average school expenditure per student of $11,498. ($5,691 = national average)

Data reported through 10/12/2016

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