22 May The Boston Real Estate Market
The Boston Real Estate Market
Courtesy of Jeffrey Chubb
Read Original Article HERE.
1st Quarter 2018 Update for Massachusetts Single Family Homes
In the First quarter of 2018, we saw a decrease of 25.13% in the homes currently on the market and available to buyers. In 2018 there were 7,629 homes on the market compared to 9,546 at the end of the first quarter in 2017. Inventory continues to be tight with no signs of easing.
4th Quarter 2017 Update for Massachusetts Single Family Homes
Year over year, the continued down of available homes pushes forward. At the end of 2017, there were 15.96% less Single Family homes available to buyers. On 12/31/2017 there were 7,786 Single homes available compared to the 9,029 on 12/31/2016.
3rd Quarter 2017 Update for Massachusetts Single Family Homes
At the end of the 3rd Quarter in 2016, there were 14,481 Single Family homes on the market. This is compared to the 12,457 homes on the market at the end of the 3rd Quarter in 2017. This equates to a year over year decrease in inventory of 16.25%.
2nd Quarter 2017 Update for Massachusetts Single Family Homes
Year over year we saw another decrease in available Single Family homes on the market of 21.88%. At the end of the 2nd quarter in 2017, homebuyers in Massachusetts had 11,921 Single Family Homes to consider compared to the 14,529 in 2016.
1st Quarter 2017 Update for Massachusetts Single Family Homes
This quarter we saw another large decrease in the amount of homes available to a buyer year over year. Following last quarters 34.42% drop, we saw a decrease of 25.61% year over year drop for the end of the 1st quarter in 2017. At the end of March in 2017, we had 9,546 homes on the market compared to the 12,832 in 2016.
4th Quarter 2016 Update for Massachusetts Single Family Homes
At the end of 2016 we had 9,029 Single Family homes on the market in Massachusetts. This is a 32.31% decrease in the available inventory currently on the market for a Massachusetts buyer to purchase. This is a significant drop in the amount of available homes for a buyer to choose as at the end of 2015 there were 11,946 Single Family Homes on the market.
1st Quarter 2018 Update for Massachusetts Single Family Homes
In the First quarter of 2018, we saw a decrease of 25.13% in the homes currently on the market and available to buyers. In 2018 there were 7,629 homes on the market compared to 9,546 at the end of the first quarter in 2017. Inventory continues to be tight with no signs of easing.
4th Quarter 2017 Update for Massachusetts Single Family Homes
Year over year, the continued down of available homes pushes forward. At the end of 2017, there were 15.96% less Single Family homes available to buyers. On 12/31/2017 there were 7,786 Single homes available compared to the 9,029 on 12/31/2016.
3rd Quarter 2017 Update for Massachusetts Single Family Homes
At the end of the 3rd Quarter in 2016, there were 14,481 Single Family homes on the market. This is compared to the 12,457 homes on the market at the end of the 3rd Quarter in 2017. This equates to a year over year decrease in inventory of 16.25%.
2nd Quarter 2017 Update for Massachusetts Single Family Homes
Year over year we saw another decrease in available Single Family homes on the market of 21.88%. At the end of the 2nd quarter in 2017, homebuyers in Massachusetts had 11,921 Single Family Homes to consider compared to the 14,529 in 2016.
1st Quarter 2017 Update for Massachusetts Single Family Homes
This quarter we saw another large decrease in the amount of homes available to a buyer year over year. Following last quarters 34.42% drop, we saw a decrease of 25.61% year over year drop for the end of the 1st quarter in 2017. At the end of March in 2017, we had 9,546 homes on the market compared to the 12,832 in 2016.
4th Quarter 2016 Update for Massachusetts Single Family Homes
At the end of 2016 we had 9,029 Single Family homes on the market in Massachusetts. This is a 32.31% decrease in the available inventory currently on the market for a Massachusetts buyer to purchase. This is a significant drop in the amount of available homes for a buyer to choose as at the end of 2015 there were 11,946 Single Family Homes on the market.
1st Quarter 2018 Update for Massachusetts Condos
The year over year trend of a significantly larger decrease in the amount of condos on the market continues. At the end of the first quarter in 2018, we saw a year over year decrease of 25.16% with 2,325 condos available to a homebuyer throughout Massachusetts. This is compared to the 2,910 units in 2017.
4th Quarter 2017 Update for Massachusetts Condos
As we closed out the end of the year, we saw a 17.27% decrease in available condos on the market when compared to the end of 2016. Closing out 2017, we had 2,247 condos on the market which is compared to the 2,635 that we had in 2016.
3rd Quarter 2017 Update for Massachusetts Condos
The downward trend continues, but has started to slow. At the end of this quarter we saw a 10.53% decrease in the amount of condos available to a homeowner with 3,591 units available. This is compared to the 3,969 at the end of the 3rd quarter in 2016.
2nd Quarter 2017 Update for Massachusetts Single Family Homes
There was an 12.48% decrease in the available condos on the market in Massachusetts when comparing year over year. At the end of the 2nd quarter of 2017 there were 3,278 condos on the market in Massachusetts which is compared to 3,687 in 2016.
1st Quarter 2017 Update for Massachusetts Single Family Homes
We saw an incredible 24.81% decrease in the amount of condos on the market year over. At the end of 2017, a home buyer in Massachusetts had 2,910 condos to consider versus the 3,632 at the end of the first quarter in 2016.
4th Quarter 2016 Update for Massachusetts Single Family Homes
In 2016, we close out the year with a decrease of 20.38% of available condos on the market. There were 2,635 condos on the market at the end of 2016 compared to the 3,172 at the end of 2015. This substantial decrease in inventory comes on the heals of inventory actually growing 6.91% in the first quarter of the year.
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