Here’s January 2016′s Monthly Multi-family Housing Activity Report from the Greater Boston Association of Realtors®.
(Multi-family housing activity comparing January 2016 to January 2015)
• Closed sales were UP +18.3% to 168
• Median prices were UP +9.8% ($559,750)
• Inventory of homes for sale were DOWN -28.8% (284)
• Months supply of home for sale were DOWN -31.8% (1.5)
• Days on market until sale were UP +10.0% (66)
• Percentage of original list price received were DOWN -0.6% (97.3%)
• New Listings were UP +7.7% (153)
July 2013 Multifamily Housing Activity Report – Boston, MA Real Estate
December 2015 Multi-family Housing Activity Report – Boston, MA Real Estate
1. Multi-Family Housing Activity Report
Key Metrics Historical Sparkbars Jan-2015 Jan-2016 + / – YTD 2015 YTD 2016 + / –
+ 7.7%
Current as of February 16, 2016.. Multi-family activity is comprised of 2-, 3- and 4-family properties only.
All data from MLS Property Information Network, Inc. Provided by Greater Boston Association of REALTORS®. Powered by ShowingTime 10K.
New Listings
A count of the properties that have been newly listed
on the market in a given month.
142 153 + 7.7% 142 153
+ 10.0%
Pct. of Org. List Price Received
The average percentage found when dividing a
property's sales price by the original list price, not
accounting for seller concessions.
96.7% 97.3% + 0.6% 96.7% 97.3% + 0.6%
Days on Market Until Sale
The average number of days between when a
property is listed and when an offer is accepted.
60 66 + 10.0% 60 66
--
Months Supply of Homes for Sale
The inventory of homes for sale at the end of a given
month, divided by the average monthly closed sales
from the last 12 months.
2.2 1.5 - 31.8% -- -- --
Inventory of Homes for Sale
The number of properties available for sale in active
status at the end of the month.
399 284 - 28.8% -- --
168 + 18.3%
Median Sales Price
The point at which half of the homes sold in a given
month were priced higher and one half priced lower,
not accounting for seller concessions.
$510,000 $559,750 + 9.8% $510,000 $559,750 + 9.8%
142
January 2016
Closed Sales
A count of actual sales that have closed within a
given month.
142 168 + 18.3%
1-2013 1-2014 1-2015 1-2016
1-2013 1-2014 1-2015 1-2016
1-2013 1-2014 1-2015 1-2016
1-2013 1-2014 1-2015 1-2016
1-2013 1-2014 1-2015 1-2016
1-2013 1-2014 1-2015 1-2016
1-2013 1-2014 1-2015 1-2016