SlideShare a Scribd company logo
1 of 7
Download to read offline
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
Multi-Family Housing Activity Report – 2-Family Properties
1-2015 1-2016 + / – 1-2015 1-2016 + / – 1-2015 1-2016 + / – 1-2015 1-2016 + / –
Acton 0 0 -- -- -- -- -- -- -- 0 0 --
Arlington 2 2 0.0% $652,250 $761,000 + 16.7% 9 47 + 422.2% 2 0 - 100.0%
Ashland 0 0 -- -- -- -- -- -- -- 2 2 0.0%
Attleboro 0 1 -- -- $154,000 -- -- 33 -- 9 5 - 44.4%
Avon 0 0 -- -- -- -- -- -- -- 1 2 + 100.0%
Bedford 0 0 -- -- -- -- -- -- -- 0 0 --
Bellingham 0 2 -- -- $172,500 -- -- 427 -- 2 1 - 50.0%
Belmont 2 1 - 50.0% $860,000 $850,000 - 1.2% 63 40 - 36.5% 2 1 - 50.0%
Billerica 0 0 -- -- -- -- -- -- -- 1 1 0.0%
Boston 28 22 - 21.4% $415,400 $526,000 + 26.6% 64 61 - 4.7% 87 59 - 32.2%
Boxborough 0 0 -- -- -- -- -- -- -- 0 0 --
Brookline 0 0 -- -- -- -- -- -- -- 1 3 + 200.0%
Burlington 0 0 -- -- -- -- -- -- -- 1 0 - 100.0%
Cambridge 5 5 0.0% $1,150,000 $840,000 - 27.0% 37 57 + 54.1% 2 5 + 150.0%
Canton 0 0 -- -- -- -- -- -- -- 2 1 - 50.0%
Carlisle 0 0 -- -- -- -- -- -- -- 0 1 --
Chelsea 3 5 + 66.7% $374,500 $428,000 + 14.3% 51 58 + 13.7% 5 11 + 120.0%
Concord 0 0 -- -- -- -- -- -- -- 0 1 --
Dedham 0 3 -- -- $360,000 -- -- 66 -- 4 2 - 50.0%
Dover 0 0 -- -- -- -- -- -- -- 0 0 --
Everett 4 6 + 50.0% $355,000 $498,000 + 40.3% 21 65 + 209.5% 20 8 - 60.0%
Foxborough 0 0 -- -- -- -- -- -- -- 1 2 + 100.0%
Framingham 3 1 - 66.7% $345,000 $240,000 - 30.4% 65 92 + 41.5% 4 7 + 75.0%
Franklin 1 1 0.0% $310,000 $265,000 - 14.5% 107 133 + 24.3% 1 1 0.0%
Holliston 0 1 -- -- $358,000 -- -- 323 -- 1 0 - 100.0%
Hopkinton 0 1 -- -- $494,000 -- -- 84 -- 0 2 --
Hudson 1 0 - 100.0% $285,000 -- -- 28 -- -- 2 1 - 50.0%
Lexington 0 0 -- -- -- -- -- -- -- 1 0 - 100.0%
Lincoln 0 0 -- -- -- -- -- -- -- 0 0 --
Lynnfield 0 0 -- -- -- -- -- -- -- 0 0 --
Malden 3 9 + 200.0% $360,000 $463,000 + 28.6% 112 53 - 52.7% 11 4 - 63.6%
Mansfield 2 0 - 100.0% $187,500 -- -- 317 -- -- 0 1 --
Marlborough 3 0 - 100.0% $220,000 -- -- 39 -- -- 8 1 - 87.5%
Maynard 0 0 -- -- -- -- -- -- -- 2 1 - 50.0%
Medfield 0 0 -- -- -- -- -- -- -- 0 0 --
Medford 5 7 + 40.0% $510,000 $588,000 + 15.3% 62 31 - 50.0% 11 1 - 90.9%
Medway 0 0 -- -- -- -- -- -- -- 1 0 - 100.0%
Melrose 3 1 - 66.7% $530,000 $522,000 - 1.5% 60 71 + 18.3% 1 1 0.0%
Milford 0 2 -- -- $175,750 -- -- 25 -- 6 3 - 50.0%
January 2016
Closed Sales Median Sales Price Days on Market Inventory
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.
Multi-Family Housing Activity Report – 2-Family Properties (cont.)
1-2015 1-2016 + / – 1-2015 1-2016 + / – 1-2015 1-2016 + / – 1-2015 1-2016 + / –
Millis 0 0 -- -- -- -- -- -- -- 2 0 - 100.0%
Milton 0 3 -- -- $550,000 -- -- 77 -- 2 2 0.0%
Natick 0 1 -- -- $480,000 -- -- 49 -- 2 1 - 50.0%
Needham 0 1 -- -- $880,000 -- -- 12 -- 1 1 0.0%
Newton 3 6 + 100.0% $1,040,000 $725,000 - 30.3% 63 38 - 39.7% 5 6 + 20.0%
Norfolk 0 0 -- -- -- -- -- -- -- 1 0 - 100.0%
North Attleboro 0 0 -- -- -- -- -- -- -- 4 4 0.0%
North Reading 0 0 -- -- -- -- -- -- -- 1 0 - 100.0%
Norwood 1 0 - 100.0% $310,000 -- -- 69 -- -- 1 2 + 100.0%
Plainville 0 0 -- -- -- -- -- -- -- 2 2 0.0%
Quincy 4 8 + 100.0% $272,500 $502,900 + 84.6% 85 111 + 30.6% 17 10 - 41.2%
Randolph 0 0 -- -- -- -- -- -- -- 6 3 - 50.0%
Reading 0 0 -- -- -- -- -- -- -- 0 0 --
Revere 9 7 - 22.2% $457,000 $460,000 + 0.7% 48 68 + 41.7% 26 10 - 61.5%
Saugus 0 2 -- -- $423,200 -- -- 85 -- 1 2 + 100.0%
Sharon 0 2 -- -- $375,000 -- -- 282 -- 2 0 - 100.0%
Sherborn 0 0 -- -- -- -- -- -- -- 0 0 --
Somerville 7 8 + 14.3% $785,000 $750,000 - 4.5% 22 53 + 140.9% 7 9 + 28.6%
Southborough 0 0 -- -- -- -- -- -- -- 0 0 --
Stoneham 0 0 -- -- -- -- -- -- -- 2 1 - 50.0%
Stoughton 0 0 -- -- -- -- -- -- -- 2 3 + 50.0%
Stow 1 0 - 100.0% $265,000 -- -- 186 -- -- 0 0 --
Sudbury 0 0 -- -- -- -- -- -- -- 0 0 --
Tewksbury 0 0 -- -- -- -- -- -- -- 0 1 --
Wakefield 1 3 + 200.0% $388,000 $549,000 + 41.5% 64 56 - 12.5% 2 1 - 50.0%
Walpole 1 0 - 100.0% $410,000 -- -- 137 -- -- 2 0 - 100.0%
Waltham 3 1 - 66.7% $500,000 $582,500 + 16.5% 47 26 - 44.7% 2 3 + 50.0%
Watertown 3 6 + 100.0% $610,000 $628,500 + 3.0% 32 25 - 21.9% 0 2 --
Wayland 0 0 -- -- -- -- -- -- -- 1 0 - 100.0%
Wellesley 0 0 -- -- -- -- -- -- -- 0 2 --
Weston 0 0 -- -- -- -- -- -- -- 0 0 --
Westwood 0 0 -- -- -- -- -- -- -- 1 1 0.0%
Wilmington 0 0 -- -- -- -- -- -- -- 2 1 - 50.0%
Winchester 0 0 -- -- -- -- -- -- -- 1 0 - 100.0%
Winthrop 1 0 - 100.0% $612,000 -- -- 26 -- -- 11 1 - 90.9%
Woburn 3 4 + 33.3% $430,000 $466,000 + 8.4% 92 68 - 26.1% 5 3 - 40.0%
Wrentham 0 0 -- -- -- -- -- -- -- 0 0 --
Greater Boston 95 109 +14.7% $450,450 $537,000 +19.2% 62 69 +11.3% 254 169 -33.5%
Note: The "Greater Boston" figures are not a compilation or total of the individual areas.
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.
January 2016
Closed Sales Median Sales Price Days on Market Inventory
Multi-Family Housing Activity Report – 3-Family Properties
1-2015 1-2016 + / – 1-2015 1-2016 + / – 1-2015 1-2016 + / – 1-2015 1-2016 + / –
Acton 0 0 -- -- -- -- -- -- -- 0 0 --
Arlington 1 0 - 100.0% $815,000 -- -- 9 -- -- 1 0 - 100.0%
Ashland 0 1 -- -- $360,000 -- -- 146 -- 0 0 --
Attleboro 1 1 0.0% $230,000 $302,000 + 31.3% -- 2 -- 8 5 - 37.5%
Avon 0 0 -- -- -- -- -- -- -- 0 1 --
Bedford 0 0 -- -- -- -- -- -- -- 0 0 --
Bellingham 0 0 -- -- -- -- -- -- -- 1 2 + 100.0%
Belmont 0 0 -- -- -- -- -- -- -- 0 0 --
Billerica 0 0 -- -- -- -- -- -- -- 0 0 --
Boston 28 25 - 10.7% $556,300 $612,500 + 10.1% 46 71 + 54.3% 71 52 - 26.8%
Boxborough 0 0 -- -- -- -- -- -- -- 0 0 --
Brookline 1 0 - 100.0% $1,025,000 -- -- 37 -- -- 0 0 --
Burlington 0 0 -- -- -- -- -- -- -- 0 0 --
Cambridge 2 4 + 100.0% $1,247,400 $1,532,500 + 22.9% 130 12 - 90.8% 1 0 - 100.0%
Canton 0 0 -- -- -- -- -- -- -- 0 1 --
Carlisle 0 0 -- -- -- -- -- -- -- 0 0 --
Chelsea 0 2 -- -- $469,115 -- -- 70 -- 7 12 + 71.4%
Concord 0 0 -- -- -- -- -- -- -- 0 0 --
Dedham 0 0 -- -- -- -- -- -- -- 0 0 --
Dover 0 0 -- -- -- -- -- -- -- 0 0 --
Everett 4 2 - 50.0% $491,000 $465,000 - 5.3% 90 39 - 56.7% 10 2 - 80.0%
Foxborough 0 0 -- -- -- -- -- -- -- 1 0 - 100.0%
Framingham 0 2 -- -- $230,500 -- -- 97 -- 3 0 - 100.0%
Franklin 0 1 -- -- $275,000 -- -- 84 -- 1 1 0.0%
Holliston 0 0 -- -- -- -- -- -- -- 0 0 --
Hopkinton 0 0 -- -- -- -- -- -- -- 0 0 --
Hudson 0 0 -- -- -- -- -- -- -- 3 1 - 66.7%
Lexington 0 0 -- -- -- -- -- -- -- 0 0 --
Lincoln 0 0 -- -- -- -- -- -- -- 0 0 --
Lynnfield 0 0 -- -- -- -- -- -- -- 0 0 --
Malden 2 3 + 50.0% $521,000 $555,000 + 6.5% 117 45 - 61.5% 3 0 - 100.0%
Mansfield 0 0 -- -- -- -- -- -- -- 0 0 --
Marlborough 1 0 - 100.0% $260,000 -- -- 517 -- -- 1 2 + 100.0%
Maynard 0 0 -- -- -- -- -- -- -- 0 0 --
Medfield 0 0 -- -- -- -- -- -- -- 0 0 --
Medford 0 1 -- -- $892,000 -- -- 18 -- 2 0 - 100.0%
Medway 0 0 -- -- -- -- -- -- -- 0 0 --
Melrose 0 0 -- -- -- -- -- -- -- 0 0 --
Milford 0 0 -- -- -- -- -- -- -- 3 0 - 100.0%
January 2016
Closed Sales Median Sales Price Days on Market Inventory
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.
Multi-Family Housing Activity Report – 3-Family Properties (cont.)
1-2015 1-2016 + / – 1-2015 1-2016 + / – 1-2015 1-2016 + / – 1-2015 1-2016 + / –
Millis 0 0 -- -- -- -- -- -- -- 0 0 --
Milton 0 0 -- -- -- -- -- -- -- 2 0 - 100.0%
Natick 0 0 -- -- -- -- -- -- -- 0 0 --
Needham 0 0 -- -- -- -- -- -- -- 0 0 --
Newton 0 0 -- -- -- -- -- -- -- 0 1 --
Norfolk 0 0 -- -- -- -- -- -- -- 0 0 --
North Attleboro 0 0 -- -- -- -- -- -- -- 5 5 0.0%
North Reading 0 0 -- -- -- -- -- -- -- 0 0 --
Norwood 0 1 -- -- $350,000 -- -- 33 -- 1 1 0.0%
Plainville 0 0 -- -- -- -- -- -- -- 0 0 --
Quincy 2 3 + 50.0% $575,000 $572,000 - 0.5% 26 64 + 146.2% 3 3 0.0%
Randolph 0 0 -- -- -- -- -- -- -- 0 0 --
Reading 0 0 -- -- -- -- -- -- -- 2 0 - 100.0%
Revere 0 1 -- -- $610,000 -- -- 39 -- 5 5 0.0%
Saugus 0 1 -- -- $480,000 -- -- 147 -- 0 0 --
Sharon 0 0 -- -- -- -- -- -- -- 0 0 --
Sherborn 0 0 -- -- -- -- -- -- -- 0 0 --
Somerville 2 6 + 200.0% $924,500 $962,500 + 4.1% 67 52 - 22.4% 6 3 - 50.0%
Southborough 0 0 -- -- -- -- -- -- -- 0 0 --
Stoneham 0 0 -- -- -- -- -- -- -- 0 0 --
Stoughton 0 0 -- -- -- -- -- -- -- 1 0 - 100.0%
Stow 0 0 -- -- -- -- -- -- -- 0 0 --
Sudbury 0 0 -- -- -- -- -- -- -- 0 0 --
Tewksbury 0 0 -- -- -- -- -- -- -- 0 0 --
Wakefield 1 0 - 100.0% $550,000 -- -- 57 -- -- 0 0 --
Walpole 0 0 -- -- -- -- -- -- -- 0 0 --
Waltham 0 0 -- -- -- -- -- -- -- 1 0 - 100.0%
Watertown 0 0 -- -- -- -- -- -- -- 0 0 --
Wayland 0 0 -- -- -- -- -- -- -- 0 0 --
Wellesley 0 1 -- -- $1,265,000 -- -- 9 -- 0 1 --
Weston 0 0 -- -- -- -- -- -- -- 0 0 --
Westwood 0 0 -- -- -- -- -- -- -- 0 0 --
Wilmington 0 0 -- -- -- -- -- -- -- 0 0 --
Winchester 0 0 -- -- -- -- -- -- -- 0 0 --
Winthrop 0 0 -- -- -- -- -- -- -- 0 1 --
Woburn 0 0 -- -- -- -- -- -- -- 0 2 --
Wrentham 0 0 -- -- -- -- -- -- -- 0 0 --
Greater Boston 41 50 +22.0% $558,000 $616,250 +10.4% 58 60 +3.4% 122 86 -29.5%
Note: The "Greater Boston" figures are not a compilation or total of the individual areas.
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.
January 2016
Closed Sales Median Sales Price Days on Market Inventory
Multi-Family Housing Activity Report – 4-Family Properties
1-2015 1-2016 + / – 1-2015 1-2016 + / – 1-2015 1-2016 + / – 1-2015 1-2016 + / –
Acton 0 0 -- -- -- -- -- -- -- 0 1 --
Arlington 0 0 -- -- -- -- -- -- -- 0 0 --
Ashland 0 0 -- -- -- -- -- -- -- 0 0 --
Attleboro 0 0 -- -- -- -- -- -- -- 1 2 + 100.0%
Avon 0 0 -- -- -- -- -- -- -- 0 0 --
Bedford 0 0 -- -- -- -- -- -- -- 0 0 --
Bellingham 0 0 -- -- -- -- -- -- -- 1 0 - 100.0%
Belmont 0 0 -- -- -- -- -- -- -- 0 0 --
Billerica 0 0 -- -- -- -- -- -- -- 0 0 --
Boston 3 2 - 33.3% $525,000 $1,925,000 + 266.7% 29 127 + 337.9% 8 9 + 12.5%
Boxborough 0 0 -- -- -- -- -- -- -- 0 0 --
Brookline 0 1 -- -- $2,610,000 -- -- 71 -- 0 0 --
Burlington 0 0 -- -- -- -- -- -- -- 0 0 --
Cambridge 1 1 0.0% $1,315,000 $4,270,500 + 224.8% 26 71 + 173.1% 1 2 + 100.0%
Canton 0 0 -- -- -- -- -- -- -- 0 0 --
Carlisle 0 0 -- -- -- -- -- -- -- 0 0 --
Chelsea 0 0 -- -- -- -- -- -- -- 2 1 - 50.0%
Concord 0 0 -- -- -- -- -- -- -- 0 0 --
Dedham 0 0 -- -- -- -- -- -- -- 0 1 --
Dover 0 0 -- -- -- -- -- -- -- 0 0 --
Everett 0 0 -- -- -- -- -- -- -- 2 0 - 100.0%
Foxborough 0 0 -- -- -- -- -- -- -- 0 1 --
Framingham 0 1 -- -- $472,500 -- -- 64 -- 1 0 - 100.0%
Franklin 0 0 -- -- -- -- -- -- -- 0 1 --
Holliston 0 0 -- -- -- -- -- -- -- 0 1 --
Hopkinton 0 0 -- -- -- -- -- -- -- 0 0 --
Hudson 0 0 -- -- -- -- -- -- -- 0 0 --
Lexington 0 0 -- -- -- -- -- -- -- 0 0 --
Lincoln 0 0 -- -- -- -- -- -- -- 0 0 --
Lynnfield 0 0 -- -- -- -- -- -- -- 0 0 --
Malden 0 0 -- -- -- -- -- -- -- 0 1 --
Mansfield 0 0 -- -- -- -- -- -- -- 0 0 --
Marlborough 0 0 -- -- -- -- -- -- -- 0 1 --
Maynard 0 0 -- -- -- -- -- -- -- 0 1 --
Medfield 0 0 -- -- -- -- -- -- -- 0 0 --
Medford 0 0 -- -- -- -- -- -- -- 1 0 - 100.0%
Medway 0 0 -- -- -- -- -- -- -- 0 0 --
Melrose 0 1 -- -- $906,000 -- -- 14 -- 0 1 --
Milford 0 0 -- -- -- -- -- -- -- 0 0 --
January 2016
Closed Sales Median Sales Price Days on Market Inventory
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.
Multi-Family Housing Activity Report – 4-Family Properties (cont.)
1-2015 1-2016 + / – 1-2015 1-2016 + / – 1-2015 1-2016 + / – 1-2015 1-2016 + / –
Millis 0 0 -- -- -- -- -- -- -- 0 0 --
Milton 0 0 -- -- -- -- -- -- -- 0 0 --
Natick 0 0 -- -- -- -- -- -- -- 0 0 --
Needham 0 0 -- -- -- -- -- -- -- 0 0 --
Newton 0 0 -- -- -- -- -- -- -- 0 0 --
Norfolk 0 0 -- -- -- -- -- -- -- 0 0 --
North Attleboro 0 0 -- -- -- -- -- -- -- 1 1 0.0%
North Reading 0 0 -- -- -- -- -- -- -- 0 0 --
Norwood 0 0 -- -- -- -- -- -- -- 0 0 --
Plainville 0 0 -- -- -- -- -- -- -- 0 0 --
Quincy 0 0 -- -- -- -- -- -- -- 2 4 + 100.0%
Randolph 0 0 -- -- -- -- -- -- -- 0 0 --
Reading 0 0 -- -- -- -- -- -- -- 0 0 --
Revere 0 0 -- -- -- -- -- -- -- 0 1 --
Saugus 0 0 -- -- -- -- -- -- -- 0 0 --
Sharon 0 0 -- -- -- -- -- -- -- 0 0 --
Sherborn 0 0 -- -- -- -- -- -- -- 0 0 --
Somerville 1 0 - 100.0% $1,000,000 -- -- 58 -- -- 2 5 + 150.0%
Southborough 0 0 -- -- -- -- -- -- -- 0 0 --
Stoneham 0 0 -- -- -- -- -- -- -- 0 0 --
Stoughton 0 0 -- -- -- -- -- -- -- 1 0 - 100.0%
Stow 0 0 -- -- -- -- -- -- -- 0 0 --
Sudbury 0 0 -- -- -- -- -- -- -- 0 0 --
Tewksbury 0 0 -- -- -- -- -- -- -- 0 0 --
Wakefield 0 0 -- -- -- -- -- -- -- 0 0 --
Walpole 0 0 -- -- -- -- -- -- -- 0 0 --
Waltham 0 1 -- -- $700,000 -- -- 15 -- 2 1 - 50.0%
Watertown 0 1 -- -- $1,191,000 -- -- 47 -- 0 0 --
Wayland 0 0 -- -- -- -- -- -- -- 0 0 --
Wellesley 0 0 -- -- -- -- -- -- -- 0 1 --
Weston 0 0 -- -- -- -- -- -- -- 0 0 --
Westwood 0 0 -- -- -- -- -- -- -- 0 0 --
Wilmington 0 0 -- -- -- -- -- -- -- 0 0 --
Winchester 0 0 -- -- -- -- -- -- -- 0 0 --
Winthrop 0 0 -- -- -- -- -- -- -- 1 1 0.0%
Woburn 1 1 0.0% $320,000 $445,000 + 39.1% 102 75 - 26.5% 1 0 - 100.0%
Wrentham 0 0 -- -- -- -- -- -- -- 0 0 --
Greater Boston 6 9 +50.0% $762,500 $906,000 +18.8% 45 68 +51.1% 23 29 +26.1%
Note: The "Greater Boston" figures are not a compilation or total of the individual areas.
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.
January 2016
Closed Sales Median Sales Price Days on Market Inventory

More Related Content

More from Unit Realty Group

December 2015 multi family housing activity report – boston, ma real estate
December 2015 multi family housing activity report – boston, ma real estateDecember 2015 multi family housing activity report – boston, ma real estate
December 2015 multi family housing activity report – boston, ma real estateUnit Realty Group
 
October 2015 Greater Boston Real Estate Market Trends Report
October 2015 Greater Boston Real Estate Market Trends ReportOctober 2015 Greater Boston Real Estate Market Trends Report
October 2015 Greater Boston Real Estate Market Trends ReportUnit Realty Group
 
September 2015 Greater Boston Real Estate Market Trends Report
September 2015 Greater Boston Real Estate Market Trends ReportSeptember 2015 Greater Boston Real Estate Market Trends Report
September 2015 Greater Boston Real Estate Market Trends ReportUnit Realty Group
 
August 2015 Greater Boston Real Estate Market Trends Report
August 2015 Greater Boston Real Estate Market Trends ReportAugust 2015 Greater Boston Real Estate Market Trends Report
August 2015 Greater Boston Real Estate Market Trends ReportUnit Realty Group
 
February 2015 Greater Boston Real Estate Market Trends Report
February 2015 Greater Boston Real Estate Market Trends ReportFebruary 2015 Greater Boston Real Estate Market Trends Report
February 2015 Greater Boston Real Estate Market Trends ReportUnit Realty Group
 
January 2015′s Monthly Multi-family Housing Activity Report
January 2015′s Monthly Multi-family Housing Activity ReportJanuary 2015′s Monthly Multi-family Housing Activity Report
January 2015′s Monthly Multi-family Housing Activity ReportUnit Realty Group
 
January 2015 Greater Boston Real Estate Market Trends Report
January 2015 Greater Boston Real Estate Market Trends ReportJanuary 2015 Greater Boston Real Estate Market Trends Report
January 2015 Greater Boston Real Estate Market Trends ReportUnit Realty Group
 
December 2014 Greater Boston Real Estate Market Trends Report
December 2014 Greater Boston Real Estate Market Trends ReportDecember 2014 Greater Boston Real Estate Market Trends Report
December 2014 Greater Boston Real Estate Market Trends ReportUnit Realty Group
 
November 2014 Greater Boston Real Estate Market Trends Report
November 2014 Greater Boston Real Estate Market Trends ReportNovember 2014 Greater Boston Real Estate Market Trends Report
November 2014 Greater Boston Real Estate Market Trends ReportUnit Realty Group
 
November 2014 Multi-family Housing Activity Report – Boston, MA Real Estate
November 2014 Multi-family Housing Activity Report – Boston, MA Real EstateNovember 2014 Multi-family Housing Activity Report – Boston, MA Real Estate
November 2014 Multi-family Housing Activity Report – Boston, MA Real EstateUnit Realty Group
 
October 2014 Greater Boston Real Estate Market Trends Report
October 2014 Greater Boston Real Estate Market Trends ReportOctober 2014 Greater Boston Real Estate Market Trends Report
October 2014 Greater Boston Real Estate Market Trends ReportUnit Realty Group
 
September 2014 Multi-family Housing Activity Report – Boston, MA Real Estate
September 2014 Multi-family Housing Activity Report – Boston, MA Real EstateSeptember 2014 Multi-family Housing Activity Report – Boston, MA Real Estate
September 2014 Multi-family Housing Activity Report – Boston, MA Real EstateUnit Realty Group
 
Boston By The Numbers - Boston Housing Stock (Report)
Boston By The Numbers - Boston Housing Stock (Report)Boston By The Numbers - Boston Housing Stock (Report)
Boston By The Numbers - Boston Housing Stock (Report)Unit Realty Group
 
May 2014 Multi-family Housing Activity Report – Boston, MA Real Estate
May 2014 Multi-family Housing Activity Report – Boston, MA Real EstateMay 2014 Multi-family Housing Activity Report – Boston, MA Real Estate
May 2014 Multi-family Housing Activity Report – Boston, MA Real EstateUnit Realty Group
 
January 2014 Greater Boston Real Estate Market Trends Report
January 2014 Greater Boston Real Estate Market Trends ReportJanuary 2014 Greater Boston Real Estate Market Trends Report
January 2014 Greater Boston Real Estate Market Trends ReportUnit Realty Group
 
November 2013 Multi-family Housing Activity Report – Boston, MA Real Estate
November 2013 Multi-family Housing Activity Report – Boston, MA Real EstateNovember 2013 Multi-family Housing Activity Report – Boston, MA Real Estate
November 2013 Multi-family Housing Activity Report – Boston, MA Real EstateUnit Realty Group
 
October 2013 Multi-family Housing Activity Report – Boston, MA Real Estate
October 2013 Multi-family Housing Activity Report – Boston, MA Real EstateOctober 2013 Multi-family Housing Activity Report – Boston, MA Real Estate
October 2013 Multi-family Housing Activity Report – Boston, MA Real EstateUnit Realty Group
 
September 2013 Multifamily Housing Activity Report – Boston, MA Real Estate
September 2013 Multifamily Housing Activity Report – Boston, MA Real EstateSeptember 2013 Multifamily Housing Activity Report – Boston, MA Real Estate
September 2013 Multifamily Housing Activity Report – Boston, MA Real EstateUnit Realty Group
 
August 2013 Multifamily Housing Activity Report – Boston, MA Real Estate
August 2013 Multifamily Housing Activity Report – Boston, MA Real EstateAugust 2013 Multifamily Housing Activity Report – Boston, MA Real Estate
August 2013 Multifamily Housing Activity Report – Boston, MA Real EstateUnit Realty Group
 
July 2013 Multifamily Housing Activity Report – Boston, MA Real Estate
July 2013 Multifamily Housing Activity Report – Boston, MA Real EstateJuly 2013 Multifamily Housing Activity Report – Boston, MA Real Estate
July 2013 Multifamily Housing Activity Report – Boston, MA Real EstateUnit Realty Group
 

More from Unit Realty Group (20)

December 2015 multi family housing activity report – boston, ma real estate
December 2015 multi family housing activity report – boston, ma real estateDecember 2015 multi family housing activity report – boston, ma real estate
December 2015 multi family housing activity report – boston, ma real estate
 
October 2015 Greater Boston Real Estate Market Trends Report
October 2015 Greater Boston Real Estate Market Trends ReportOctober 2015 Greater Boston Real Estate Market Trends Report
October 2015 Greater Boston Real Estate Market Trends Report
 
September 2015 Greater Boston Real Estate Market Trends Report
September 2015 Greater Boston Real Estate Market Trends ReportSeptember 2015 Greater Boston Real Estate Market Trends Report
September 2015 Greater Boston Real Estate Market Trends Report
 
August 2015 Greater Boston Real Estate Market Trends Report
August 2015 Greater Boston Real Estate Market Trends ReportAugust 2015 Greater Boston Real Estate Market Trends Report
August 2015 Greater Boston Real Estate Market Trends Report
 
February 2015 Greater Boston Real Estate Market Trends Report
February 2015 Greater Boston Real Estate Market Trends ReportFebruary 2015 Greater Boston Real Estate Market Trends Report
February 2015 Greater Boston Real Estate Market Trends Report
 
January 2015′s Monthly Multi-family Housing Activity Report
January 2015′s Monthly Multi-family Housing Activity ReportJanuary 2015′s Monthly Multi-family Housing Activity Report
January 2015′s Monthly Multi-family Housing Activity Report
 
January 2015 Greater Boston Real Estate Market Trends Report
January 2015 Greater Boston Real Estate Market Trends ReportJanuary 2015 Greater Boston Real Estate Market Trends Report
January 2015 Greater Boston Real Estate Market Trends Report
 
December 2014 Greater Boston Real Estate Market Trends Report
December 2014 Greater Boston Real Estate Market Trends ReportDecember 2014 Greater Boston Real Estate Market Trends Report
December 2014 Greater Boston Real Estate Market Trends Report
 
November 2014 Greater Boston Real Estate Market Trends Report
November 2014 Greater Boston Real Estate Market Trends ReportNovember 2014 Greater Boston Real Estate Market Trends Report
November 2014 Greater Boston Real Estate Market Trends Report
 
November 2014 Multi-family Housing Activity Report – Boston, MA Real Estate
November 2014 Multi-family Housing Activity Report – Boston, MA Real EstateNovember 2014 Multi-family Housing Activity Report – Boston, MA Real Estate
November 2014 Multi-family Housing Activity Report – Boston, MA Real Estate
 
October 2014 Greater Boston Real Estate Market Trends Report
October 2014 Greater Boston Real Estate Market Trends ReportOctober 2014 Greater Boston Real Estate Market Trends Report
October 2014 Greater Boston Real Estate Market Trends Report
 
September 2014 Multi-family Housing Activity Report – Boston, MA Real Estate
September 2014 Multi-family Housing Activity Report – Boston, MA Real EstateSeptember 2014 Multi-family Housing Activity Report – Boston, MA Real Estate
September 2014 Multi-family Housing Activity Report – Boston, MA Real Estate
 
Boston By The Numbers - Boston Housing Stock (Report)
Boston By The Numbers - Boston Housing Stock (Report)Boston By The Numbers - Boston Housing Stock (Report)
Boston By The Numbers - Boston Housing Stock (Report)
 
May 2014 Multi-family Housing Activity Report – Boston, MA Real Estate
May 2014 Multi-family Housing Activity Report – Boston, MA Real EstateMay 2014 Multi-family Housing Activity Report – Boston, MA Real Estate
May 2014 Multi-family Housing Activity Report – Boston, MA Real Estate
 
January 2014 Greater Boston Real Estate Market Trends Report
January 2014 Greater Boston Real Estate Market Trends ReportJanuary 2014 Greater Boston Real Estate Market Trends Report
January 2014 Greater Boston Real Estate Market Trends Report
 
November 2013 Multi-family Housing Activity Report – Boston, MA Real Estate
November 2013 Multi-family Housing Activity Report – Boston, MA Real EstateNovember 2013 Multi-family Housing Activity Report – Boston, MA Real Estate
November 2013 Multi-family Housing Activity Report – Boston, MA Real Estate
 
October 2013 Multi-family Housing Activity Report – Boston, MA Real Estate
October 2013 Multi-family Housing Activity Report – Boston, MA Real EstateOctober 2013 Multi-family Housing Activity Report – Boston, MA Real Estate
October 2013 Multi-family Housing Activity Report – Boston, MA Real Estate
 
September 2013 Multifamily Housing Activity Report – Boston, MA Real Estate
September 2013 Multifamily Housing Activity Report – Boston, MA Real EstateSeptember 2013 Multifamily Housing Activity Report – Boston, MA Real Estate
September 2013 Multifamily Housing Activity Report – Boston, MA Real Estate
 
August 2013 Multifamily Housing Activity Report – Boston, MA Real Estate
August 2013 Multifamily Housing Activity Report – Boston, MA Real EstateAugust 2013 Multifamily Housing Activity Report – Boston, MA Real Estate
August 2013 Multifamily Housing Activity Report – Boston, MA Real Estate
 
July 2013 Multifamily Housing Activity Report – Boston, MA Real Estate
July 2013 Multifamily Housing Activity Report – Boston, MA Real EstateJuly 2013 Multifamily Housing Activity Report – Boston, MA Real Estate
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
  • 2. Multi-Family Housing Activity Report – 2-Family Properties 1-2015 1-2016 + / – 1-2015 1-2016 + / – 1-2015 1-2016 + / – 1-2015 1-2016 + / – Acton 0 0 -- -- -- -- -- -- -- 0 0 -- Arlington 2 2 0.0% $652,250 $761,000 + 16.7% 9 47 + 422.2% 2 0 - 100.0% Ashland 0 0 -- -- -- -- -- -- -- 2 2 0.0% Attleboro 0 1 -- -- $154,000 -- -- 33 -- 9 5 - 44.4% Avon 0 0 -- -- -- -- -- -- -- 1 2 + 100.0% Bedford 0 0 -- -- -- -- -- -- -- 0 0 -- Bellingham 0 2 -- -- $172,500 -- -- 427 -- 2 1 - 50.0% Belmont 2 1 - 50.0% $860,000 $850,000 - 1.2% 63 40 - 36.5% 2 1 - 50.0% Billerica 0 0 -- -- -- -- -- -- -- 1 1 0.0% Boston 28 22 - 21.4% $415,400 $526,000 + 26.6% 64 61 - 4.7% 87 59 - 32.2% Boxborough 0 0 -- -- -- -- -- -- -- 0 0 -- Brookline 0 0 -- -- -- -- -- -- -- 1 3 + 200.0% Burlington 0 0 -- -- -- -- -- -- -- 1 0 - 100.0% Cambridge 5 5 0.0% $1,150,000 $840,000 - 27.0% 37 57 + 54.1% 2 5 + 150.0% Canton 0 0 -- -- -- -- -- -- -- 2 1 - 50.0% Carlisle 0 0 -- -- -- -- -- -- -- 0 1 -- Chelsea 3 5 + 66.7% $374,500 $428,000 + 14.3% 51 58 + 13.7% 5 11 + 120.0% Concord 0 0 -- -- -- -- -- -- -- 0 1 -- Dedham 0 3 -- -- $360,000 -- -- 66 -- 4 2 - 50.0% Dover 0 0 -- -- -- -- -- -- -- 0 0 -- Everett 4 6 + 50.0% $355,000 $498,000 + 40.3% 21 65 + 209.5% 20 8 - 60.0% Foxborough 0 0 -- -- -- -- -- -- -- 1 2 + 100.0% Framingham 3 1 - 66.7% $345,000 $240,000 - 30.4% 65 92 + 41.5% 4 7 + 75.0% Franklin 1 1 0.0% $310,000 $265,000 - 14.5% 107 133 + 24.3% 1 1 0.0% Holliston 0 1 -- -- $358,000 -- -- 323 -- 1 0 - 100.0% Hopkinton 0 1 -- -- $494,000 -- -- 84 -- 0 2 -- Hudson 1 0 - 100.0% $285,000 -- -- 28 -- -- 2 1 - 50.0% Lexington 0 0 -- -- -- -- -- -- -- 1 0 - 100.0% Lincoln 0 0 -- -- -- -- -- -- -- 0 0 -- Lynnfield 0 0 -- -- -- -- -- -- -- 0 0 -- Malden 3 9 + 200.0% $360,000 $463,000 + 28.6% 112 53 - 52.7% 11 4 - 63.6% Mansfield 2 0 - 100.0% $187,500 -- -- 317 -- -- 0 1 -- Marlborough 3 0 - 100.0% $220,000 -- -- 39 -- -- 8 1 - 87.5% Maynard 0 0 -- -- -- -- -- -- -- 2 1 - 50.0% Medfield 0 0 -- -- -- -- -- -- -- 0 0 -- Medford 5 7 + 40.0% $510,000 $588,000 + 15.3% 62 31 - 50.0% 11 1 - 90.9% Medway 0 0 -- -- -- -- -- -- -- 1 0 - 100.0% Melrose 3 1 - 66.7% $530,000 $522,000 - 1.5% 60 71 + 18.3% 1 1 0.0% Milford 0 2 -- -- $175,750 -- -- 25 -- 6 3 - 50.0% January 2016 Closed Sales Median Sales Price Days on Market Inventory 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.
  • 3. Multi-Family Housing Activity Report – 2-Family Properties (cont.) 1-2015 1-2016 + / – 1-2015 1-2016 + / – 1-2015 1-2016 + / – 1-2015 1-2016 + / – Millis 0 0 -- -- -- -- -- -- -- 2 0 - 100.0% Milton 0 3 -- -- $550,000 -- -- 77 -- 2 2 0.0% Natick 0 1 -- -- $480,000 -- -- 49 -- 2 1 - 50.0% Needham 0 1 -- -- $880,000 -- -- 12 -- 1 1 0.0% Newton 3 6 + 100.0% $1,040,000 $725,000 - 30.3% 63 38 - 39.7% 5 6 + 20.0% Norfolk 0 0 -- -- -- -- -- -- -- 1 0 - 100.0% North Attleboro 0 0 -- -- -- -- -- -- -- 4 4 0.0% North Reading 0 0 -- -- -- -- -- -- -- 1 0 - 100.0% Norwood 1 0 - 100.0% $310,000 -- -- 69 -- -- 1 2 + 100.0% Plainville 0 0 -- -- -- -- -- -- -- 2 2 0.0% Quincy 4 8 + 100.0% $272,500 $502,900 + 84.6% 85 111 + 30.6% 17 10 - 41.2% Randolph 0 0 -- -- -- -- -- -- -- 6 3 - 50.0% Reading 0 0 -- -- -- -- -- -- -- 0 0 -- Revere 9 7 - 22.2% $457,000 $460,000 + 0.7% 48 68 + 41.7% 26 10 - 61.5% Saugus 0 2 -- -- $423,200 -- -- 85 -- 1 2 + 100.0% Sharon 0 2 -- -- $375,000 -- -- 282 -- 2 0 - 100.0% Sherborn 0 0 -- -- -- -- -- -- -- 0 0 -- Somerville 7 8 + 14.3% $785,000 $750,000 - 4.5% 22 53 + 140.9% 7 9 + 28.6% Southborough 0 0 -- -- -- -- -- -- -- 0 0 -- Stoneham 0 0 -- -- -- -- -- -- -- 2 1 - 50.0% Stoughton 0 0 -- -- -- -- -- -- -- 2 3 + 50.0% Stow 1 0 - 100.0% $265,000 -- -- 186 -- -- 0 0 -- Sudbury 0 0 -- -- -- -- -- -- -- 0 0 -- Tewksbury 0 0 -- -- -- -- -- -- -- 0 1 -- Wakefield 1 3 + 200.0% $388,000 $549,000 + 41.5% 64 56 - 12.5% 2 1 - 50.0% Walpole 1 0 - 100.0% $410,000 -- -- 137 -- -- 2 0 - 100.0% Waltham 3 1 - 66.7% $500,000 $582,500 + 16.5% 47 26 - 44.7% 2 3 + 50.0% Watertown 3 6 + 100.0% $610,000 $628,500 + 3.0% 32 25 - 21.9% 0 2 -- Wayland 0 0 -- -- -- -- -- -- -- 1 0 - 100.0% Wellesley 0 0 -- -- -- -- -- -- -- 0 2 -- Weston 0 0 -- -- -- -- -- -- -- 0 0 -- Westwood 0 0 -- -- -- -- -- -- -- 1 1 0.0% Wilmington 0 0 -- -- -- -- -- -- -- 2 1 - 50.0% Winchester 0 0 -- -- -- -- -- -- -- 1 0 - 100.0% Winthrop 1 0 - 100.0% $612,000 -- -- 26 -- -- 11 1 - 90.9% Woburn 3 4 + 33.3% $430,000 $466,000 + 8.4% 92 68 - 26.1% 5 3 - 40.0% Wrentham 0 0 -- -- -- -- -- -- -- 0 0 -- Greater Boston 95 109 +14.7% $450,450 $537,000 +19.2% 62 69 +11.3% 254 169 -33.5% Note: The "Greater Boston" figures are not a compilation or total of the individual areas. 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. January 2016 Closed Sales Median Sales Price Days on Market Inventory
  • 4. Multi-Family Housing Activity Report – 3-Family Properties 1-2015 1-2016 + / – 1-2015 1-2016 + / – 1-2015 1-2016 + / – 1-2015 1-2016 + / – Acton 0 0 -- -- -- -- -- -- -- 0 0 -- Arlington 1 0 - 100.0% $815,000 -- -- 9 -- -- 1 0 - 100.0% Ashland 0 1 -- -- $360,000 -- -- 146 -- 0 0 -- Attleboro 1 1 0.0% $230,000 $302,000 + 31.3% -- 2 -- 8 5 - 37.5% Avon 0 0 -- -- -- -- -- -- -- 0 1 -- Bedford 0 0 -- -- -- -- -- -- -- 0 0 -- Bellingham 0 0 -- -- -- -- -- -- -- 1 2 + 100.0% Belmont 0 0 -- -- -- -- -- -- -- 0 0 -- Billerica 0 0 -- -- -- -- -- -- -- 0 0 -- Boston 28 25 - 10.7% $556,300 $612,500 + 10.1% 46 71 + 54.3% 71 52 - 26.8% Boxborough 0 0 -- -- -- -- -- -- -- 0 0 -- Brookline 1 0 - 100.0% $1,025,000 -- -- 37 -- -- 0 0 -- Burlington 0 0 -- -- -- -- -- -- -- 0 0 -- Cambridge 2 4 + 100.0% $1,247,400 $1,532,500 + 22.9% 130 12 - 90.8% 1 0 - 100.0% Canton 0 0 -- -- -- -- -- -- -- 0 1 -- Carlisle 0 0 -- -- -- -- -- -- -- 0 0 -- Chelsea 0 2 -- -- $469,115 -- -- 70 -- 7 12 + 71.4% Concord 0 0 -- -- -- -- -- -- -- 0 0 -- Dedham 0 0 -- -- -- -- -- -- -- 0 0 -- Dover 0 0 -- -- -- -- -- -- -- 0 0 -- Everett 4 2 - 50.0% $491,000 $465,000 - 5.3% 90 39 - 56.7% 10 2 - 80.0% Foxborough 0 0 -- -- -- -- -- -- -- 1 0 - 100.0% Framingham 0 2 -- -- $230,500 -- -- 97 -- 3 0 - 100.0% Franklin 0 1 -- -- $275,000 -- -- 84 -- 1 1 0.0% Holliston 0 0 -- -- -- -- -- -- -- 0 0 -- Hopkinton 0 0 -- -- -- -- -- -- -- 0 0 -- Hudson 0 0 -- -- -- -- -- -- -- 3 1 - 66.7% Lexington 0 0 -- -- -- -- -- -- -- 0 0 -- Lincoln 0 0 -- -- -- -- -- -- -- 0 0 -- Lynnfield 0 0 -- -- -- -- -- -- -- 0 0 -- Malden 2 3 + 50.0% $521,000 $555,000 + 6.5% 117 45 - 61.5% 3 0 - 100.0% Mansfield 0 0 -- -- -- -- -- -- -- 0 0 -- Marlborough 1 0 - 100.0% $260,000 -- -- 517 -- -- 1 2 + 100.0% Maynard 0 0 -- -- -- -- -- -- -- 0 0 -- Medfield 0 0 -- -- -- -- -- -- -- 0 0 -- Medford 0 1 -- -- $892,000 -- -- 18 -- 2 0 - 100.0% Medway 0 0 -- -- -- -- -- -- -- 0 0 -- Melrose 0 0 -- -- -- -- -- -- -- 0 0 -- Milford 0 0 -- -- -- -- -- -- -- 3 0 - 100.0% January 2016 Closed Sales Median Sales Price Days on Market Inventory 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.
  • 5. Multi-Family Housing Activity Report – 3-Family Properties (cont.) 1-2015 1-2016 + / – 1-2015 1-2016 + / – 1-2015 1-2016 + / – 1-2015 1-2016 + / – Millis 0 0 -- -- -- -- -- -- -- 0 0 -- Milton 0 0 -- -- -- -- -- -- -- 2 0 - 100.0% Natick 0 0 -- -- -- -- -- -- -- 0 0 -- Needham 0 0 -- -- -- -- -- -- -- 0 0 -- Newton 0 0 -- -- -- -- -- -- -- 0 1 -- Norfolk 0 0 -- -- -- -- -- -- -- 0 0 -- North Attleboro 0 0 -- -- -- -- -- -- -- 5 5 0.0% North Reading 0 0 -- -- -- -- -- -- -- 0 0 -- Norwood 0 1 -- -- $350,000 -- -- 33 -- 1 1 0.0% Plainville 0 0 -- -- -- -- -- -- -- 0 0 -- Quincy 2 3 + 50.0% $575,000 $572,000 - 0.5% 26 64 + 146.2% 3 3 0.0% Randolph 0 0 -- -- -- -- -- -- -- 0 0 -- Reading 0 0 -- -- -- -- -- -- -- 2 0 - 100.0% Revere 0 1 -- -- $610,000 -- -- 39 -- 5 5 0.0% Saugus 0 1 -- -- $480,000 -- -- 147 -- 0 0 -- Sharon 0 0 -- -- -- -- -- -- -- 0 0 -- Sherborn 0 0 -- -- -- -- -- -- -- 0 0 -- Somerville 2 6 + 200.0% $924,500 $962,500 + 4.1% 67 52 - 22.4% 6 3 - 50.0% Southborough 0 0 -- -- -- -- -- -- -- 0 0 -- Stoneham 0 0 -- -- -- -- -- -- -- 0 0 -- Stoughton 0 0 -- -- -- -- -- -- -- 1 0 - 100.0% Stow 0 0 -- -- -- -- -- -- -- 0 0 -- Sudbury 0 0 -- -- -- -- -- -- -- 0 0 -- Tewksbury 0 0 -- -- -- -- -- -- -- 0 0 -- Wakefield 1 0 - 100.0% $550,000 -- -- 57 -- -- 0 0 -- Walpole 0 0 -- -- -- -- -- -- -- 0 0 -- Waltham 0 0 -- -- -- -- -- -- -- 1 0 - 100.0% Watertown 0 0 -- -- -- -- -- -- -- 0 0 -- Wayland 0 0 -- -- -- -- -- -- -- 0 0 -- Wellesley 0 1 -- -- $1,265,000 -- -- 9 -- 0 1 -- Weston 0 0 -- -- -- -- -- -- -- 0 0 -- Westwood 0 0 -- -- -- -- -- -- -- 0 0 -- Wilmington 0 0 -- -- -- -- -- -- -- 0 0 -- Winchester 0 0 -- -- -- -- -- -- -- 0 0 -- Winthrop 0 0 -- -- -- -- -- -- -- 0 1 -- Woburn 0 0 -- -- -- -- -- -- -- 0 2 -- Wrentham 0 0 -- -- -- -- -- -- -- 0 0 -- Greater Boston 41 50 +22.0% $558,000 $616,250 +10.4% 58 60 +3.4% 122 86 -29.5% Note: The "Greater Boston" figures are not a compilation or total of the individual areas. 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. January 2016 Closed Sales Median Sales Price Days on Market Inventory
  • 6. Multi-Family Housing Activity Report – 4-Family Properties 1-2015 1-2016 + / – 1-2015 1-2016 + / – 1-2015 1-2016 + / – 1-2015 1-2016 + / – Acton 0 0 -- -- -- -- -- -- -- 0 1 -- Arlington 0 0 -- -- -- -- -- -- -- 0 0 -- Ashland 0 0 -- -- -- -- -- -- -- 0 0 -- Attleboro 0 0 -- -- -- -- -- -- -- 1 2 + 100.0% Avon 0 0 -- -- -- -- -- -- -- 0 0 -- Bedford 0 0 -- -- -- -- -- -- -- 0 0 -- Bellingham 0 0 -- -- -- -- -- -- -- 1 0 - 100.0% Belmont 0 0 -- -- -- -- -- -- -- 0 0 -- Billerica 0 0 -- -- -- -- -- -- -- 0 0 -- Boston 3 2 - 33.3% $525,000 $1,925,000 + 266.7% 29 127 + 337.9% 8 9 + 12.5% Boxborough 0 0 -- -- -- -- -- -- -- 0 0 -- Brookline 0 1 -- -- $2,610,000 -- -- 71 -- 0 0 -- Burlington 0 0 -- -- -- -- -- -- -- 0 0 -- Cambridge 1 1 0.0% $1,315,000 $4,270,500 + 224.8% 26 71 + 173.1% 1 2 + 100.0% Canton 0 0 -- -- -- -- -- -- -- 0 0 -- Carlisle 0 0 -- -- -- -- -- -- -- 0 0 -- Chelsea 0 0 -- -- -- -- -- -- -- 2 1 - 50.0% Concord 0 0 -- -- -- -- -- -- -- 0 0 -- Dedham 0 0 -- -- -- -- -- -- -- 0 1 -- Dover 0 0 -- -- -- -- -- -- -- 0 0 -- Everett 0 0 -- -- -- -- -- -- -- 2 0 - 100.0% Foxborough 0 0 -- -- -- -- -- -- -- 0 1 -- Framingham 0 1 -- -- $472,500 -- -- 64 -- 1 0 - 100.0% Franklin 0 0 -- -- -- -- -- -- -- 0 1 -- Holliston 0 0 -- -- -- -- -- -- -- 0 1 -- Hopkinton 0 0 -- -- -- -- -- -- -- 0 0 -- Hudson 0 0 -- -- -- -- -- -- -- 0 0 -- Lexington 0 0 -- -- -- -- -- -- -- 0 0 -- Lincoln 0 0 -- -- -- -- -- -- -- 0 0 -- Lynnfield 0 0 -- -- -- -- -- -- -- 0 0 -- Malden 0 0 -- -- -- -- -- -- -- 0 1 -- Mansfield 0 0 -- -- -- -- -- -- -- 0 0 -- Marlborough 0 0 -- -- -- -- -- -- -- 0 1 -- Maynard 0 0 -- -- -- -- -- -- -- 0 1 -- Medfield 0 0 -- -- -- -- -- -- -- 0 0 -- Medford 0 0 -- -- -- -- -- -- -- 1 0 - 100.0% Medway 0 0 -- -- -- -- -- -- -- 0 0 -- Melrose 0 1 -- -- $906,000 -- -- 14 -- 0 1 -- Milford 0 0 -- -- -- -- -- -- -- 0 0 -- January 2016 Closed Sales Median Sales Price Days on Market Inventory 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.
  • 7. Multi-Family Housing Activity Report – 4-Family Properties (cont.) 1-2015 1-2016 + / – 1-2015 1-2016 + / – 1-2015 1-2016 + / – 1-2015 1-2016 + / – Millis 0 0 -- -- -- -- -- -- -- 0 0 -- Milton 0 0 -- -- -- -- -- -- -- 0 0 -- Natick 0 0 -- -- -- -- -- -- -- 0 0 -- Needham 0 0 -- -- -- -- -- -- -- 0 0 -- Newton 0 0 -- -- -- -- -- -- -- 0 0 -- Norfolk 0 0 -- -- -- -- -- -- -- 0 0 -- North Attleboro 0 0 -- -- -- -- -- -- -- 1 1 0.0% North Reading 0 0 -- -- -- -- -- -- -- 0 0 -- Norwood 0 0 -- -- -- -- -- -- -- 0 0 -- Plainville 0 0 -- -- -- -- -- -- -- 0 0 -- Quincy 0 0 -- -- -- -- -- -- -- 2 4 + 100.0% Randolph 0 0 -- -- -- -- -- -- -- 0 0 -- Reading 0 0 -- -- -- -- -- -- -- 0 0 -- Revere 0 0 -- -- -- -- -- -- -- 0 1 -- Saugus 0 0 -- -- -- -- -- -- -- 0 0 -- Sharon 0 0 -- -- -- -- -- -- -- 0 0 -- Sherborn 0 0 -- -- -- -- -- -- -- 0 0 -- Somerville 1 0 - 100.0% $1,000,000 -- -- 58 -- -- 2 5 + 150.0% Southborough 0 0 -- -- -- -- -- -- -- 0 0 -- Stoneham 0 0 -- -- -- -- -- -- -- 0 0 -- Stoughton 0 0 -- -- -- -- -- -- -- 1 0 - 100.0% Stow 0 0 -- -- -- -- -- -- -- 0 0 -- Sudbury 0 0 -- -- -- -- -- -- -- 0 0 -- Tewksbury 0 0 -- -- -- -- -- -- -- 0 0 -- Wakefield 0 0 -- -- -- -- -- -- -- 0 0 -- Walpole 0 0 -- -- -- -- -- -- -- 0 0 -- Waltham 0 1 -- -- $700,000 -- -- 15 -- 2 1 - 50.0% Watertown 0 1 -- -- $1,191,000 -- -- 47 -- 0 0 -- Wayland 0 0 -- -- -- -- -- -- -- 0 0 -- Wellesley 0 0 -- -- -- -- -- -- -- 0 1 -- Weston 0 0 -- -- -- -- -- -- -- 0 0 -- Westwood 0 0 -- -- -- -- -- -- -- 0 0 -- Wilmington 0 0 -- -- -- -- -- -- -- 0 0 -- Winchester 0 0 -- -- -- -- -- -- -- 0 0 -- Winthrop 0 0 -- -- -- -- -- -- -- 1 1 0.0% Woburn 1 1 0.0% $320,000 $445,000 + 39.1% 102 75 - 26.5% 1 0 - 100.0% Wrentham 0 0 -- -- -- -- -- -- -- 0 0 -- Greater Boston 6 9 +50.0% $762,500 $906,000 +18.8% 45 68 +51.1% 23 29 +26.1% Note: The "Greater Boston" figures are not a compilation or total of the individual areas. 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. January 2016 Closed Sales Median Sales Price Days on Market Inventory