Thursday, January 29, 2015

Cohousing

Expanding Cohousing: The New, Old-Fashioned American Dream http://fw.to/GH4bYGI

Wednesday, January 21, 2015

Greater Boston Market Update



WHAT ARE THE CURRENT SALES NUMBERS?
The Greater Boston Fall market closed out 2014 in an impressive December finish, with pending contracts up +35.2% over last December. Closed sales this December were up 20% to 405 from 335 in November and down -12.9% from December 2013’s 465. 

HOW DOES THE INVENTORY LOOK IN GREATER BOSTON?
Available Inventory in Greater Boston dropped -25.5% from 1,387 units in November to 1,033 in December. Year-over-year this represents -7.8% fewer properties for sale compared to December 2013 at 1,120 units.

HOW ARE THE PRICES IN GREATER BOSTON LOOKING?
The average sale price in Greater Boston rose 1.1% to $674,638 in December from $667,557 in November and is down 2% from last December. The Median price is up +9.1% from $449,000 to $490,000 year-over-year.