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2016 market report_midyear Boston Area

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Annette Gregorio
Annette Gregorio

Annette Gregorio, REALTOR, Melrose Shares the latest statistics for 2016 for Metro Boston Real Estate

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 Here is the housing report skinny from Linda O’Koniewski, CEO of RE/MAX Leading Edge. “The lack of inventory is feeding on itself. Folks are reluctant to put their house on the market to trade up or down if they are fearful a quality and worthy house won’t come along, or if it does, that they won’t be able to buy it because of competition. So that’s another house that isn’t up for sale in our market.” Additionally, reports O’Koniewski, “Anecdotal reports of buyer remorse from our agents is at an all-time high. Buyers are second guessing what they are paying and how they had to give up some of their protection to secure a property. Homes with home inspections are falling apart, not because of unusual problems, because we are reselling them with full disclosure, but because buyers are suffering from commitment phobia. Almost like the single guy who finds the right woman, but just can’t go down the aisle. Our yenta skills are being challenged, as we resell the same home three or four times.” Here’s the data…According to the RE/MAX Leading Edge Mid-Year Housing Report, lack of inventory has caused a decrease in overall housing sales. Sales of combined condo and single family homes in Massachusetts decreased 5.8% year-over-year.  Inventory is down 15.5% year-over-year and prices have remained unchanged.   MASSACHUSETTS OVER THE PAST 6 MONTHS LEADING EDGE 2016 MID-YEAR MARKET REPORT Source: Single Family Sales, Active & Pending Trends for all of MA extracted on (06/13/16) via imaxwebsolutions.com 
 Current period: 1/1/15-6/10/16 UNITS SOLD 26,893 -5.8% INVENTORY 64,072 -15.5% DAYS ON MARKET 81 -1.2% MEDIAN SALE $ $335,000 0% PENDING SALES 32,922 -3.6%
UNITS -20.7% MEDIAN $ +7.8% MEDIAN $ -14.5% UNITS -17.7% BACK BAY 2016 2015 BEACON HILL 2016 2015 CHARLESTOWN 2016 2015 DORCHESTER 2016 2015 UNITS 153 186 INVENTORY 327 373 DOM 63 51 MEDIAN $ $1,025,000 $1,200,000 PENDING 173 221 UNITS 65 82 INVENTORY 153 151 DOM 51 47 MEDIAN $ $799,000 $740,650 PENDING 77 84 UNITS 94 82 INVENTORY 182 236 DOM 43 39 MEDIAN $ $680,000 $651,250 PENDING 128 173 UNITS 94 86 INVENTORY 181 228 DOM 45 60 MEDIAN $ $371,000 $345,000 PENDING 103 120 MEDIAN $ +4.4% UNITS -36% UNITS +9.3% MEDIAN $ +7.5% BOSTON MID-YEAR REPORT LEADING EDGE 53 Hereford Street, Boston | 617.262.8200 LeadingEdgeAgents.com Source: MLSPIN via imaxwebsolutions.  Condo & Single Family Trends for periods 6/10/16.
UNITS -6% MEDIAN $ +15.9% MEDIAN $ +5.9% UNITS -14.2% FENWAY 2016 2015 NORTH END 2016 2015 ROXBURY 2016 2015 SEAPORT 2016 2015 UNITS 30 35 INVENTORY 54 52 DOM 30 17 MEDIAN $ $492,500 $465,000 PENDING 35 39 UNITS 31 33 INVENTORY 54 62 DOM 37 38 MEDIAN $ $574,000 $495,000 PENDING 40 41 UNITS 17 7 INVENTORY 48 27 DOM 68 126 MEDIAN $ $335,000 $290,000 PENDING 18 8 UNITS 15 21 INVENTORY 49 42 DOM 40 57 MEDIAN $ $1,499,000 $945,000 PENDING 31 28 MEDIAN $ +15.5% UNITS +142.8% UNITS -28.5% MEDIAN $ +58.6% BOSTON MID-YEAR REPORT LEADING EDGE 53 Hereford Street, Boston | 617.262.8200 LeadingEdgeAgents.com Source: MLSPIN via imaxwebsolutions.  Condo & Single Family Trends for periods 6/10/16.
UNITS -17.3% MEDIAN $ +12% MEDIAN $ +5% UNITS -10.7% SOUTH END 2016 2015 SOUTH BOSTON 2016 2015 WATERFRONT 2016 2015 WEST ROXBURY 2016 2015 UNITS 225 252 INVENTORY 395 447 DOM 39 43 MEDIAN $ $840,000 $800,000 PENDING 280 317 UNITS 229 277 INVENTORY 384 552 DOM 47 49 MEDIAN $ $610,500 $545,000 PENDING 277 356 UNITS 58 62 INVENTORY 139 129 DOM 61 66 MEDIAN $ $849,000 $856,500 PENDING 67 77 UNITS 112 130 INVENTORY 199 230 DOM 49 48 MEDIAN $ $460,000 $425,000 PENDING 135 159 MEDIAN $ -0.8% UNITS -6.4% UNITS -13.8% MEDIAN $ +8.2% BOSTON MID-YEAR REPORT LEADING EDGE 53 Hereford Street, Boston | 617.262.8200 LeadingEdgeAgents.com Source: MLSPIN via imaxwebsolutions.  Condo & Single Family Trends for periods 6/10/16.
MEDIAN SALE PRICE -2.3% AVERAGE DAYS ON MARKET +5.8% PENDING SALES -11.1% NUMBER OF UNITS SOLD -19.3% 2016 2015 TOTAL INVENTORY -8% 1 10 100 100 UNITS 124 UNITS ARLINGTON MID-YEAR REPORT | SINGLE FAMILIES 2016 2015 184 UNITS 200 UNITS 2016 2015 1000 1000000 $673,500 $689,500 2016 2015 36 DAYS 34 DAYS 2016 2015 10 100 143 UNITS 161 UNITS 319 Massachusetts Ave, Arlington | 781.643.0430 LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions.  Single Family Trends for period ending 6/10/16.

 MEDIAN SALE PRICE +6.4% AVERAGE DAYS ON MARKET 0% PENDING SALES -4% NUMBER OF UNITS SOLD +9.2% 2016 2015 TOTAL INVENTORY -3.3% 10 100 118 UNITS 108 UNITS ARLINGTON MID-YEAR REPORT | CONDOMINIUMS 2016 2015 174 UNITS 180 UNITS 2016 2015 1000 1000000 $504,750 $474,300 2016 2015 22 DAYS 22 DAYS 2016 2015 10 100 142 UNITS 148 UNITS 319 Massachusetts Ave, Arlington | 781.643.0430 LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Condo Trends for period ending 6/10/16.

 MEDIAN SALE PRICE +5% AVERAGE DAYS ON MARKET 0% PENDING SALES -28.5% NUMBER OF UNITS SOLD -14.8% 2016 2015 TOTAL INVENTORY -18.1% 10 100 46 UNITS 54 UNITS BELMONT MID-YEAR REPORT | SINGLE FAMILIES 2016 2015 99 UNITS 121 UNITS 2016 2015 1000 1000000 $935,000 $890,000 2016 2015 55 DAYS 55 DAYS 2016 2015 1 10 100 60 UNITS 84 UNITS LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Single Family Trends for period ending 6/10/16.

 MEDIAN SALE PRICE +7.7% AVERAGE DAYS ON MARKET +10.5% PENDING SALES -13.4% NUMBER OF UNITS SOLD -9.5% 2016 2015 TOTAL INVENTORY -14.6% 10 100 38 UNITS 42 UNITS BELMONT MID-YEAR REPORT | CONDOMINIUMS 2016 2015 64 UNITS 75 UNITS 2016 2015 1000 1000000 $520,000 $482,750 2016 2015 42 DAYS 38 DAYS 2016 2015 10 100 45 UNITS 52 UNITS LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Condo Trends for period ending 6/10/16.

 MEDIAN SALE PRICE +2.2% AVERAGE DAYS ON MARKET +5.1% PENDING SALES -33.3% NUMBER OF UNITS SOLD +28.5% 2016 2015 TOTAL INVENTORY -35.2% 1 10 100 9 UNITS 7 UNITS BELMONT MID-YEAR REPORT | MULTI FAMILIES 2016 2015 11 UNITS 17 UNITS 2016 2015 1000 1000000 $900,000 $880,000 2016 2015 41 DAYS 39 DAYS 2016 2015 1 10 100 8 UNITS 12 UNITS LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Multi Family Trends for period ending 6/10/16.
MEDIAN SALE PRICE +21.1% AVERAGE DAYS ON MARKET +2.9% PENDING SALES -29.5% NUMBER OF UNITS SOLD -26.9% 2016 2015 TOTAL INVENTORY -14.9% 1 10 100 38 UNITS 52 UNITS CAMBRIDGE MID-YEAR REPORT | SINGLE FAMILIES 2016 2015 91 UNITS 107 UNITS 2016 2015 1 1000 1000000 $1,712,500 $1,413,500 2016 2015 35 DAYS 34 DAYS 2016 2015 1 10 100 50 UNITS 71 UNITS LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Single Family Trends for period ending 6/10/16.
MEDIAN SALE PRICE +16.2% AVERAGE DAYS ON MARKET -6.4% PENDING SALES -4.4% NUMBER OF UNITS SOLD -6.1% 2016 2015 TOTAL INVENTORY -7.7% 10 100 230 UNITS 245 UNITS CAMBRIDGE MID-YEAR REPORT | CONDOMINIUMS 2016 2015 407 UNITS 441 UNITS 2016 2015 1000 1000000 $715,000 $615,000 2016 2015 29 DAYS 31 DAYS 2016 2015 10 100 304 UNITS 318 UNITS LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Condo Trends for period ending 6/10/16.

 MEDIAN SALE PRICE +4.4% AVERAGE DAYS ON MARKET +3% PENDING SALES 0% NUMBER OF UNITS SOLD +11.4% 2016 2015 TOTAL INVENTORY +11.4% 10 100 39 UNITS 35 UNITS CAMBRIDGE MID-YEAR REPORT | MULTI FAMILIES 2016 2015 78 UNITS 70 UNITS 2016 2015 1000 1000000 $1,201,500 $1,150,000 2016 2015 34 DAYS 33 DAYS 2016 2015 1 10 100 43 UNITS 43 UNITS LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Multi Family Trends for period ending 6/10/16.
MEDIAN SALE PRICE +23.2% AVERAGE DAYS ON MARKET +9% PENDING SALES -29.9% NUMBER OF UNITS SOLD -29.1% 2016 2015 TOTAL INVENTORY -20.9% 1 10 100 107 UNITS 151 UNITS LEXINGTON MID-YEAR REPORT | SINGLE FAMILIES 2016 2015 272 UNITS 344 UNITS 2016 2015 1 1000 1000000 $1,232,000 $1,000,000 2016 2015 72 DAYS 66 DAYS 2016 2015 1 10 100 143 UNITS 204 UNITS 1756 Massachusetts Avenue, Lexington | 781.325.7002 LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Single Family Trends for period ending 6/10/16.
MEDIAN SALE PRICE +5% AVERAGE DAYS ON MARKET -16.6% PENDING SALES -35.5% NUMBER OF UNITS SOLD -34.5% 2016 2015 TOTAL INVENTORY -30.5% 1 10 100 36 UNITS 55 UNITS LYNNFIELD MID-YEAR REPORT | SINGLE FAMILIES 2016 2015 91 UNITS 131 UNITS 2016 2015 1000 1000000 $593,500 $565,000 2016 2015 75 DAYS 90 DAYS 2016 2015 1 10 100 49 UNITS 76 UNITS 590 Main Street, Lynnfield | 781.334.4990 LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Single Family Trends for period ending 6/10/16.
MEDIAN SALE PRICE +2.1% AVERAGE DAYS ON MARKET +10% PENDING SALES -19% NUMBER OF UNITS SOLD -20.4% 2016 2015 TOTAL INVENTORY -27.7% 1 10 100 97 UNITS 122 UNITS MEDFORD MID-YEAR REPORT | SINGLE FAMILIES 2016 2015 156 UNITS 216 UNITS 2016 2015 1000 1000000 $481,000 $471,000 2016 2015 44 DAYS 40 DAYS 2016 2015 1 10 100 115 UNITS 142 UNITS LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Single Family Trends for period ending 6/10/16.
MEDIAN SALE PRICE +9.4% AVERAGE DAYS ON MARKET -10% PENDING SALES +4.1% NUMBER OF UNITS SOLD -20.9% 2016 2015 TOTAL INVENTORY -2.8% 1 10 100 68 UNITS 86 UNITS MEDFORD MID-YEAR REPORT | CONDOMINIUMS 2016 2015 136 UNITS 140 UNITS 2016 2015 1000 1000000 $416,000 $380,140 2016 2015 36 DAYS 40 DAYS 2016 2015 10 100 100 UNITS 96 UNITS LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Condo Trends for period ending 6/10/16.
MEDIAN SALE PRICE +2.2% AVERAGE DAYS ON MARKET -17.3% PENDING SALES +15% NUMBER OF UNITS SOLD +41.3% 2016 2015 TOTAL INVENTORY -6.2% 1 10 100 41 UNITS 29 UNITS MEDFORD MID-YEAR REPORT | MULTI FAMILIES 2016 2015 60 UNITS 64 UNITS 2016 2015 1000 1000000 $616,000 $602,600 2016 2015 43 DAYS 52 DAYS 2016 2015 10 100 46 UNITS 40 UNITS LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Multi Family Trends for period ending 6/10/16.
MEDIAN SALE PRICE +11.7% AVERAGE DAYS ON MARKET +25.7% PENDING SALES -1.6% NUMBER OF UNITS SOLD +24.3% 2016 2015 TOTAL INVENTORY -14.2% 1 10 100 102 UNITS 82 UNITS MELROSE MID-YEAR REPORT | SINGLE FAMILIES 2016 2015 150 UNITS 175 UNITS 2016 2015 1000 1000000 $546,000 $488,500 2016 2015 44 DAYS 35 DAYS 2016 2015 10 100 117 UNITS 119 UNITS 536 Main Street, Melrose | 781.979.0100 LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Single Family Trends for period ending 6/10/16.
MEDIAN SALE PRICE -2.8% AVERAGE DAYS ON MARKET -13.4% PENDING SALES -11.7% NUMBER OF UNITS SOLD -21.1% 2016 2015 TOTAL INVENTORY -9.8% 1 10 100 205 UNITS 260 UNITS NEWTON MID-YEAR REPORT | SINGLE FAMILIES 2016 2015 540 UNITS 599 UNITS 2016 2015 1000 1000000 $1,165,000 $1,198,568 2016 2015 45 DAYS 52 DAYS 2016 2015 10 100 292 UNITS 331 UNITS 294 Walnut Street, Newton | 617.244.4499 LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Single Family Trends for period ending 6/10/16.
MEDIAN SALE PRICE -5.3% AVERAGE DAYS ON MARKET +40.5% PENDING SALES -27.9% NUMBER OF UNITS SOLD -24.5% 2016 2015 TOTAL INVENTORY -26% 1 10 100 83 UNITS 110 UNITS READING MID-YEAR REPORT | SINGLE FAMILIES 2016 2015 142 UNITS 192 UNITS 2016 2015 1 1000 1000000 $486,000 $513,250 2016 2015 52 DAYS 37 DAYS 2016 2015 1 10 100 98 UNITS 136 UNITS 248 Main Street, Reading | 781.944.6060 LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Single Family Trends for period ending 6/10/16.
MEDIAN SALE PRICE +1.2% AVERAGE DAYS ON MARKET +39.4% PENDING SALES +8.5% NUMBER OF UNITS SOLD +10.7% 2016 2015 TOTAL INVENTORY -16.8% 10 100 31 UNITS 28 UNITS SOMERVILLE MID-YEAR REPORT | SINGLE FAMILIES 2016 2015 64 UNITS 77 UNITS 2016 2015 1000 1000000 $681,500 $673,300 2016 2015 53 DAYS 38 DAYS 2016 2015 10 100 38 UNITS 35 UNITS 20 Holland Street, Somerville | 617.623.1140 LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Single Family Trends for period ending 6/10/16.

 MEDIAN SALE PRICE +10.8% AVERAGE DAYS ON MARKET -2.6% PENDING SALES +1.4% NUMBER OF UNITS SOLD +6.4% 2016 2015 TOTAL INVENTORY 0% 10 100 183 UNITS 172 UNITS SOMERVILLE MID-YEAR REPORT | CONDOMINIUMS 2016 2015 303 UNITS 303 UNITS 2016 2015 1000 1000000 $609,650 $550,000 2016 2015 37 DAYS 38 DAYS 2016 2015 10 100 213 UNITS 210 UNITS 20 Holland Street, Somerville | 617.623.1140 LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Condo Trends for period ending 6/10/16.
MEDIAN SALE PRICE +5% AVERAGE DAYS ON MARKET +60.5% PENDING SALES -1.3% NUMBER OF UNITS SOLD -3.2% 2016 2015 TOTAL INVENTORY -3.2% 10 100 67 UNITS 60 UNITS SOMERVILLE MID-YEAR REPORT | MULTI FAMILIES 2016 2015 120 UNITS 124 UNITS 2016 2015 1000 1000000 $900,000 $857,000 2016 2015 61 DAYS 38 DAYS 2016 2015 10 100 71 UNITS 72 UNITS 20 Holland Street, Somerville | 617.623.1140 LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Multi Family Trends for period ending 6/10/16.
MEDIAN SALE PRICE -0.8% AVERAGE DAYS ON MARKET -12.7% PENDING SALES -12.2% NUMBER OF UNITS SOLD -2.5% 2016 2015 TOTAL INVENTORY -17.2% 10 100 76 UNITS 78 UNITS STONEHAM MID-YEAR REPORT | SINGLE FAMILIES 2016 2015 115 UNITS 139 UNITS 2016 2015 1000 1000000 $460,500 $464,250 2016 2015 55 DAYS 63 DAYS 2016 2015 10 100 79 UNITS 90 UNITS LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Single Family Trends for period ending 6/10/16.

 MEDIAN SALE PRICE +3.6% AVERAGE DAYS ON MARKET 0% PENDING SALES -21.1% NUMBER OF UNITS SOLD -2.5% 2016 2015 TOTAL INVENTORY -31.7% 1 10 100 78 UNITS 80 UNITS WAKEFIELD MID-YEAR REPORT | SINGLE FAMILIES 2016 2015 127 UNITS 186 UNITS 2016 2015 1 10 100 $472,000 $455,500 2016 2015 43 DAYS 43 DAYS 2016 2015 1 10 100 82 UNITS 104 UNITS 25 Tuttle Street, Wakefield | 781.245.8100 LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Single Family Trends for period ending 6/10/16.
MEDIAN SALE PRICE +9.3% AVERAGE DAYS ON MARKET -9.8% PENDING SALES -5.2% NUMBER OF UNITS SOLD -11.2% 2016 2015 TOTAL INVENTORY -14.9% 10 100 134 UNITS 151 UNITS WALTHAM MID-YEAR REPORT | SINGLE FAMILIES 2016 2015 227 UNITS 267 UNITS 2016 2015 1000 1000000 $508,500 $465,000 2016 2015 46 DAYS 51 DAYS 2016 2015 10 100 164 UNITS 173 UNITS LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Single Family Trends for period ending 6/10/16.

 MEDIAN SALE PRICE +16.2% AVERAGE DAYS ON MARKET +25% PENDING SALES 0% NUMBER OF UNITS SOLD 0% 2016 2015 TOTAL INVENTORY -10.8% 1 10 100 112 UNITS 112 UNITS WALTHAM MID-YEAR REPORT | CONDOMINIUMS 2016 2015 180 UNITS 202 UNITS 2016 2015 1000 1000000 $436,000 $375,000 2016 2015 45 DAYS 36 DAYS 2016 2015 1 10 100 145 UNITS 145 UNITS LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Condo Trends for period ending 6/10/16.
MEDIAN SALE PRICE +6.4% AVERAGE DAYS ON MARKET +47.3% PENDING SALES -46.1% NUMBER OF UNITS SOLD +47.8% 2016 2015 TOTAL INVENTORY -30.9% 1 10 100 12 UNITS 23 UNITS WALTHAM MID-YEAR REPORT | MULTI FAMILIES 2016 2015 29 UNITS 42 UNITS 2016 2015 1000 1000000 $596,250 $560,000 2016 2015 56 DAYS 38 DAYS 2016 2015 1 10 100 14 UNITS 26 UNITS LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Multi Family Trends for period ending 6/10/16.
MEDIAN SALE PRICE +1.4% AVERAGE DAYS ON MARKET -12.8% PENDING SALES -5.8% NUMBER OF UNITS SOLD -4.7% 2016 2015 TOTAL INVENTORY -1.4% 10 100 40 UNITS 42 UNITS WATERTOWN MID-YEAR REPORT | SINGLE FAMILIES 2016 2015 68 UNITS 69 UNITS 2016 2015 1000 1000000 $620,000 $611,250 2016 2015 34 DAYS 39 DAYS 2016 2015 10 100 48 UNITS 51 UNITS 142 Galen Street, Watertown | 617.926.5400 LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Single Family Trends for period ending 6/10/16.
MEDIAN SALE PRICE +6.3% AVERAGE DAYS ON MARKET +2.7% PENDING SALES +11.6% NUMBER OF UNITS SOLD +24.3% 2016 2015 TOTAL INVENTORY -1.8% 1 10 100 102 UNITS 82 UNITS WATERTOWN MID-YEAR REPORT | CONDOMINIUMS 2016 2015 160 UNITS 163 UNITS 2016 2015 1000 1000000 $452,000 $425,000 2016 2015 37 DAYS 36 DAYS 2016 2015 10 100 125 UNITS 112 UNITS 142 Galen Street, Watertown | 617.926.5400 LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Condo Trends for period ending 6/10/16.
MEDIAN SALE PRICE +7.2% AVERAGE DAYS ON MARKET -35.4% PENDING SALES +19.2% NUMBER OF UNITS SOLD +38.1% 2016 2015 TOTAL INVENTORY -6.9% 1 10 100 29 UNITS 21 UNITS WATERTOWN MID-YEAR REPORT | MULTI FAMILIES 2016 2015 40 UNITS 43 UNITS 2016 2015 1000 1000000 $670,000 $625,000 2016 2015 20 DAYS 31 DAYS 2016 2015 10 100 31 UNITS 26 UNITS 142 Galen Street, Watertown | 617.926.5400 LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Multi Family Trends for period ending 6/10/16.
MEDIAN SALE PRICE +5.2% AVERAGE DAYS ON MARKET 0% PENDING SALES -9.8% NUMBER OF UNITS SOLD -15.2% 2016 2015 TOTAL INVENTORY -7.5% 10 100 78 UNITS 92 UNITS WINCHESTER MID-YEAR REPORT | SINGLE FAMILIES 2016 2015 207 UNITS 224 UNITS 2016 2015 1000 1000000 $993,250 $944,000 2016 2015 49 DAYS 49 DAYS 2016 2015 10 100 119 UNITS 132 UNITS 2 Mount Vernon, Winchester | 781.729.5505 LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Single Family Trends for period ending 6/10/16.

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2016 market report_midyear Boston Area

  • 1. 
 Here is the housing report skinny from Linda O’Koniewski, CEO of RE/MAX Leading Edge. “The lack of inventory is feeding on itself. Folks are reluctant to put their house on the market to trade up or down if they are fearful a quality and worthy house won’t come along, or if it does, that they won’t be able to buy it because of competition. So that’s another house that isn’t up for sale in our market.” Additionally, reports O’Koniewski, “Anecdotal reports of buyer remorse from our agents is at an all-time high. Buyers are second guessing what they are paying and how they had to give up some of their protection to secure a property. Homes with home inspections are falling apart, not because of unusual problems, because we are reselling them with full disclosure, but because buyers are suffering from commitment phobia. Almost like the single guy who finds the right woman, but just can’t go down the aisle. Our yenta skills are being challenged, as we resell the same home three or four times.” Here’s the data…According to the RE/MAX Leading Edge Mid-Year Housing Report, lack of inventory has caused a decrease in overall housing sales. Sales of combined condo and single family homes in Massachusetts decreased 5.8% year-over-year.  Inventory is down 15.5% year-over-year and prices have remained unchanged.   MASSACHUSETTS OVER THE PAST 6 MONTHS LEADING EDGE 2016 MID-YEAR MARKET REPORT Source: Single Family Sales, Active & Pending Trends for all of MA extracted on (06/13/16) via imaxwebsolutions.com 
 Current period: 1/1/15-6/10/16 UNITS SOLD 26,893 -5.8% INVENTORY 64,072 -15.5% DAYS ON MARKET 81 -1.2% MEDIAN SALE $ $335,000 0% PENDING SALES 32,922 -3.6%
  • 2. UNITS -20.7% MEDIAN $ +7.8% MEDIAN $ -14.5% UNITS -17.7% BACK BAY 2016 2015 BEACON HILL 2016 2015 CHARLESTOWN 2016 2015 DORCHESTER 2016 2015 UNITS 153 186 INVENTORY 327 373 DOM 63 51 MEDIAN $ $1,025,000 $1,200,000 PENDING 173 221 UNITS 65 82 INVENTORY 153 151 DOM 51 47 MEDIAN $ $799,000 $740,650 PENDING 77 84 UNITS 94 82 INVENTORY 182 236 DOM 43 39 MEDIAN $ $680,000 $651,250 PENDING 128 173 UNITS 94 86 INVENTORY 181 228 DOM 45 60 MEDIAN $ $371,000 $345,000 PENDING 103 120 MEDIAN $ +4.4% UNITS -36% UNITS +9.3% MEDIAN $ +7.5% BOSTON MID-YEAR REPORT LEADING EDGE 53 Hereford Street, Boston | 617.262.8200 LeadingEdgeAgents.com Source: MLSPIN via imaxwebsolutions.  Condo & Single Family Trends for periods 6/10/16.
  • 3. UNITS -6% MEDIAN $ +15.9% MEDIAN $ +5.9% UNITS -14.2% FENWAY 2016 2015 NORTH END 2016 2015 ROXBURY 2016 2015 SEAPORT 2016 2015 UNITS 30 35 INVENTORY 54 52 DOM 30 17 MEDIAN $ $492,500 $465,000 PENDING 35 39 UNITS 31 33 INVENTORY 54 62 DOM 37 38 MEDIAN $ $574,000 $495,000 PENDING 40 41 UNITS 17 7 INVENTORY 48 27 DOM 68 126 MEDIAN $ $335,000 $290,000 PENDING 18 8 UNITS 15 21 INVENTORY 49 42 DOM 40 57 MEDIAN $ $1,499,000 $945,000 PENDING 31 28 MEDIAN $ +15.5% UNITS +142.8% UNITS -28.5% MEDIAN $ +58.6% BOSTON MID-YEAR REPORT LEADING EDGE 53 Hereford Street, Boston | 617.262.8200 LeadingEdgeAgents.com Source: MLSPIN via imaxwebsolutions.  Condo & Single Family Trends for periods 6/10/16.
  • 4. UNITS -17.3% MEDIAN $ +12% MEDIAN $ +5% UNITS -10.7% SOUTH END 2016 2015 SOUTH BOSTON 2016 2015 WATERFRONT 2016 2015 WEST ROXBURY 2016 2015 UNITS 225 252 INVENTORY 395 447 DOM 39 43 MEDIAN $ $840,000 $800,000 PENDING 280 317 UNITS 229 277 INVENTORY 384 552 DOM 47 49 MEDIAN $ $610,500 $545,000 PENDING 277 356 UNITS 58 62 INVENTORY 139 129 DOM 61 66 MEDIAN $ $849,000 $856,500 PENDING 67 77 UNITS 112 130 INVENTORY 199 230 DOM 49 48 MEDIAN $ $460,000 $425,000 PENDING 135 159 MEDIAN $ -0.8% UNITS -6.4% UNITS -13.8% MEDIAN $ +8.2% BOSTON MID-YEAR REPORT LEADING EDGE 53 Hereford Street, Boston | 617.262.8200 LeadingEdgeAgents.com Source: MLSPIN via imaxwebsolutions.  Condo & Single Family Trends for periods 6/10/16.
  • 5. MEDIAN SALE PRICE -2.3% AVERAGE DAYS ON MARKET +5.8% PENDING SALES -11.1% NUMBER OF UNITS SOLD -19.3% 2016 2015 TOTAL INVENTORY -8% 1 10 100 100 UNITS 124 UNITS ARLINGTON MID-YEAR REPORT | SINGLE FAMILIES 2016 2015 184 UNITS 200 UNITS 2016 2015 1000 1000000 $673,500 $689,500 2016 2015 36 DAYS 34 DAYS 2016 2015 10 100 143 UNITS 161 UNITS 319 Massachusetts Ave, Arlington | 781.643.0430 LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions.  Single Family Trends for period ending 6/10/16.
  • 6. 
 MEDIAN SALE PRICE +6.4% AVERAGE DAYS ON MARKET 0% PENDING SALES -4% NUMBER OF UNITS SOLD +9.2% 2016 2015 TOTAL INVENTORY -3.3% 10 100 118 UNITS 108 UNITS ARLINGTON MID-YEAR REPORT | CONDOMINIUMS 2016 2015 174 UNITS 180 UNITS 2016 2015 1000 1000000 $504,750 $474,300 2016 2015 22 DAYS 22 DAYS 2016 2015 10 100 142 UNITS 148 UNITS 319 Massachusetts Ave, Arlington | 781.643.0430 LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Condo Trends for period ending 6/10/16.
  • 7. 
 MEDIAN SALE PRICE +5% AVERAGE DAYS ON MARKET 0% PENDING SALES -28.5% NUMBER OF UNITS SOLD -14.8% 2016 2015 TOTAL INVENTORY -18.1% 10 100 46 UNITS 54 UNITS BELMONT MID-YEAR REPORT | SINGLE FAMILIES 2016 2015 99 UNITS 121 UNITS 2016 2015 1000 1000000 $935,000 $890,000 2016 2015 55 DAYS 55 DAYS 2016 2015 1 10 100 60 UNITS 84 UNITS LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Single Family Trends for period ending 6/10/16.
  • 8. 
 MEDIAN SALE PRICE +7.7% AVERAGE DAYS ON MARKET +10.5% PENDING SALES -13.4% NUMBER OF UNITS SOLD -9.5% 2016 2015 TOTAL INVENTORY -14.6% 10 100 38 UNITS 42 UNITS BELMONT MID-YEAR REPORT | CONDOMINIUMS 2016 2015 64 UNITS 75 UNITS 2016 2015 1000 1000000 $520,000 $482,750 2016 2015 42 DAYS 38 DAYS 2016 2015 10 100 45 UNITS 52 UNITS LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Condo Trends for period ending 6/10/16.
  • 9. 
 MEDIAN SALE PRICE +2.2% AVERAGE DAYS ON MARKET +5.1% PENDING SALES -33.3% NUMBER OF UNITS SOLD +28.5% 2016 2015 TOTAL INVENTORY -35.2% 1 10 100 9 UNITS 7 UNITS BELMONT MID-YEAR REPORT | MULTI FAMILIES 2016 2015 11 UNITS 17 UNITS 2016 2015 1000 1000000 $900,000 $880,000 2016 2015 41 DAYS 39 DAYS 2016 2015 1 10 100 8 UNITS 12 UNITS LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Multi Family Trends for period ending 6/10/16.
  • 10. MEDIAN SALE PRICE +21.1% AVERAGE DAYS ON MARKET +2.9% PENDING SALES -29.5% NUMBER OF UNITS SOLD -26.9% 2016 2015 TOTAL INVENTORY -14.9% 1 10 100 38 UNITS 52 UNITS CAMBRIDGE MID-YEAR REPORT | SINGLE FAMILIES 2016 2015 91 UNITS 107 UNITS 2016 2015 1 1000 1000000 $1,712,500 $1,413,500 2016 2015 35 DAYS 34 DAYS 2016 2015 1 10 100 50 UNITS 71 UNITS LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Single Family Trends for period ending 6/10/16.
  • 11. MEDIAN SALE PRICE +16.2% AVERAGE DAYS ON MARKET -6.4% PENDING SALES -4.4% NUMBER OF UNITS SOLD -6.1% 2016 2015 TOTAL INVENTORY -7.7% 10 100 230 UNITS 245 UNITS CAMBRIDGE MID-YEAR REPORT | CONDOMINIUMS 2016 2015 407 UNITS 441 UNITS 2016 2015 1000 1000000 $715,000 $615,000 2016 2015 29 DAYS 31 DAYS 2016 2015 10 100 304 UNITS 318 UNITS LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Condo Trends for period ending 6/10/16.
  • 12. 
 MEDIAN SALE PRICE +4.4% AVERAGE DAYS ON MARKET +3% PENDING SALES 0% NUMBER OF UNITS SOLD +11.4% 2016 2015 TOTAL INVENTORY +11.4% 10 100 39 UNITS 35 UNITS CAMBRIDGE MID-YEAR REPORT | MULTI FAMILIES 2016 2015 78 UNITS 70 UNITS 2016 2015 1000 1000000 $1,201,500 $1,150,000 2016 2015 34 DAYS 33 DAYS 2016 2015 1 10 100 43 UNITS 43 UNITS LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Multi Family Trends for period ending 6/10/16.
  • 13. MEDIAN SALE PRICE +23.2% AVERAGE DAYS ON MARKET +9% PENDING SALES -29.9% NUMBER OF UNITS SOLD -29.1% 2016 2015 TOTAL INVENTORY -20.9% 1 10 100 107 UNITS 151 UNITS LEXINGTON MID-YEAR REPORT | SINGLE FAMILIES 2016 2015 272 UNITS 344 UNITS 2016 2015 1 1000 1000000 $1,232,000 $1,000,000 2016 2015 72 DAYS 66 DAYS 2016 2015 1 10 100 143 UNITS 204 UNITS 1756 Massachusetts Avenue, Lexington | 781.325.7002 LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Single Family Trends for period ending 6/10/16.
  • 14. MEDIAN SALE PRICE +5% AVERAGE DAYS ON MARKET -16.6% PENDING SALES -35.5% NUMBER OF UNITS SOLD -34.5% 2016 2015 TOTAL INVENTORY -30.5% 1 10 100 36 UNITS 55 UNITS LYNNFIELD MID-YEAR REPORT | SINGLE FAMILIES 2016 2015 91 UNITS 131 UNITS 2016 2015 1000 1000000 $593,500 $565,000 2016 2015 75 DAYS 90 DAYS 2016 2015 1 10 100 49 UNITS 76 UNITS 590 Main Street, Lynnfield | 781.334.4990 LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Single Family Trends for period ending 6/10/16.
  • 15. MEDIAN SALE PRICE +2.1% AVERAGE DAYS ON MARKET +10% PENDING SALES -19% NUMBER OF UNITS SOLD -20.4% 2016 2015 TOTAL INVENTORY -27.7% 1 10 100 97 UNITS 122 UNITS MEDFORD MID-YEAR REPORT | SINGLE FAMILIES 2016 2015 156 UNITS 216 UNITS 2016 2015 1000 1000000 $481,000 $471,000 2016 2015 44 DAYS 40 DAYS 2016 2015 1 10 100 115 UNITS 142 UNITS LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Single Family Trends for period ending 6/10/16.
  • 16. MEDIAN SALE PRICE +9.4% AVERAGE DAYS ON MARKET -10% PENDING SALES +4.1% NUMBER OF UNITS SOLD -20.9% 2016 2015 TOTAL INVENTORY -2.8% 1 10 100 68 UNITS 86 UNITS MEDFORD MID-YEAR REPORT | CONDOMINIUMS 2016 2015 136 UNITS 140 UNITS 2016 2015 1000 1000000 $416,000 $380,140 2016 2015 36 DAYS 40 DAYS 2016 2015 10 100 100 UNITS 96 UNITS LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Condo Trends for period ending 6/10/16.
  • 17. MEDIAN SALE PRICE +2.2% AVERAGE DAYS ON MARKET -17.3% PENDING SALES +15% NUMBER OF UNITS SOLD +41.3% 2016 2015 TOTAL INVENTORY -6.2% 1 10 100 41 UNITS 29 UNITS MEDFORD MID-YEAR REPORT | MULTI FAMILIES 2016 2015 60 UNITS 64 UNITS 2016 2015 1000 1000000 $616,000 $602,600 2016 2015 43 DAYS 52 DAYS 2016 2015 10 100 46 UNITS 40 UNITS LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Multi Family Trends for period ending 6/10/16.
  • 18. MEDIAN SALE PRICE +11.7% AVERAGE DAYS ON MARKET +25.7% PENDING SALES -1.6% NUMBER OF UNITS SOLD +24.3% 2016 2015 TOTAL INVENTORY -14.2% 1 10 100 102 UNITS 82 UNITS MELROSE MID-YEAR REPORT | SINGLE FAMILIES 2016 2015 150 UNITS 175 UNITS 2016 2015 1000 1000000 $546,000 $488,500 2016 2015 44 DAYS 35 DAYS 2016 2015 10 100 117 UNITS 119 UNITS 536 Main Street, Melrose | 781.979.0100 LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Single Family Trends for period ending 6/10/16.
  • 19. MEDIAN SALE PRICE -2.8% AVERAGE DAYS ON MARKET -13.4% PENDING SALES -11.7% NUMBER OF UNITS SOLD -21.1% 2016 2015 TOTAL INVENTORY -9.8% 1 10 100 205 UNITS 260 UNITS NEWTON MID-YEAR REPORT | SINGLE FAMILIES 2016 2015 540 UNITS 599 UNITS 2016 2015 1000 1000000 $1,165,000 $1,198,568 2016 2015 45 DAYS 52 DAYS 2016 2015 10 100 292 UNITS 331 UNITS 294 Walnut Street, Newton | 617.244.4499 LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Single Family Trends for period ending 6/10/16.
  • 20. MEDIAN SALE PRICE -5.3% AVERAGE DAYS ON MARKET +40.5% PENDING SALES -27.9% NUMBER OF UNITS SOLD -24.5% 2016 2015 TOTAL INVENTORY -26% 1 10 100 83 UNITS 110 UNITS READING MID-YEAR REPORT | SINGLE FAMILIES 2016 2015 142 UNITS 192 UNITS 2016 2015 1 1000 1000000 $486,000 $513,250 2016 2015 52 DAYS 37 DAYS 2016 2015 1 10 100 98 UNITS 136 UNITS 248 Main Street, Reading | 781.944.6060 LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Single Family Trends for period ending 6/10/16.
  • 21. MEDIAN SALE PRICE +1.2% AVERAGE DAYS ON MARKET +39.4% PENDING SALES +8.5% NUMBER OF UNITS SOLD +10.7% 2016 2015 TOTAL INVENTORY -16.8% 10 100 31 UNITS 28 UNITS SOMERVILLE MID-YEAR REPORT | SINGLE FAMILIES 2016 2015 64 UNITS 77 UNITS 2016 2015 1000 1000000 $681,500 $673,300 2016 2015 53 DAYS 38 DAYS 2016 2015 10 100 38 UNITS 35 UNITS 20 Holland Street, Somerville | 617.623.1140 LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Single Family Trends for period ending 6/10/16.
  • 22. 
 MEDIAN SALE PRICE +10.8% AVERAGE DAYS ON MARKET -2.6% PENDING SALES +1.4% NUMBER OF UNITS SOLD +6.4% 2016 2015 TOTAL INVENTORY 0% 10 100 183 UNITS 172 UNITS SOMERVILLE MID-YEAR REPORT | CONDOMINIUMS 2016 2015 303 UNITS 303 UNITS 2016 2015 1000 1000000 $609,650 $550,000 2016 2015 37 DAYS 38 DAYS 2016 2015 10 100 213 UNITS 210 UNITS 20 Holland Street, Somerville | 617.623.1140 LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Condo Trends for period ending 6/10/16.
  • 23. MEDIAN SALE PRICE +5% AVERAGE DAYS ON MARKET +60.5% PENDING SALES -1.3% NUMBER OF UNITS SOLD -3.2% 2016 2015 TOTAL INVENTORY -3.2% 10 100 67 UNITS 60 UNITS SOMERVILLE MID-YEAR REPORT | MULTI FAMILIES 2016 2015 120 UNITS 124 UNITS 2016 2015 1000 1000000 $900,000 $857,000 2016 2015 61 DAYS 38 DAYS 2016 2015 10 100 71 UNITS 72 UNITS 20 Holland Street, Somerville | 617.623.1140 LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Multi Family Trends for period ending 6/10/16.
  • 24. MEDIAN SALE PRICE -0.8% AVERAGE DAYS ON MARKET -12.7% PENDING SALES -12.2% NUMBER OF UNITS SOLD -2.5% 2016 2015 TOTAL INVENTORY -17.2% 10 100 76 UNITS 78 UNITS STONEHAM MID-YEAR REPORT | SINGLE FAMILIES 2016 2015 115 UNITS 139 UNITS 2016 2015 1000 1000000 $460,500 $464,250 2016 2015 55 DAYS 63 DAYS 2016 2015 10 100 79 UNITS 90 UNITS LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Single Family Trends for period ending 6/10/16.
  • 25. 
 MEDIAN SALE PRICE +3.6% AVERAGE DAYS ON MARKET 0% PENDING SALES -21.1% NUMBER OF UNITS SOLD -2.5% 2016 2015 TOTAL INVENTORY -31.7% 1 10 100 78 UNITS 80 UNITS WAKEFIELD MID-YEAR REPORT | SINGLE FAMILIES 2016 2015 127 UNITS 186 UNITS 2016 2015 1 10 100 $472,000 $455,500 2016 2015 43 DAYS 43 DAYS 2016 2015 1 10 100 82 UNITS 104 UNITS 25 Tuttle Street, Wakefield | 781.245.8100 LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Single Family Trends for period ending 6/10/16.
  • 26. MEDIAN SALE PRICE +9.3% AVERAGE DAYS ON MARKET -9.8% PENDING SALES -5.2% NUMBER OF UNITS SOLD -11.2% 2016 2015 TOTAL INVENTORY -14.9% 10 100 134 UNITS 151 UNITS WALTHAM MID-YEAR REPORT | SINGLE FAMILIES 2016 2015 227 UNITS 267 UNITS 2016 2015 1000 1000000 $508,500 $465,000 2016 2015 46 DAYS 51 DAYS 2016 2015 10 100 164 UNITS 173 UNITS LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Single Family Trends for period ending 6/10/16.
  • 27. 
 MEDIAN SALE PRICE +16.2% AVERAGE DAYS ON MARKET +25% PENDING SALES 0% NUMBER OF UNITS SOLD 0% 2016 2015 TOTAL INVENTORY -10.8% 1 10 100 112 UNITS 112 UNITS WALTHAM MID-YEAR REPORT | CONDOMINIUMS 2016 2015 180 UNITS 202 UNITS 2016 2015 1000 1000000 $436,000 $375,000 2016 2015 45 DAYS 36 DAYS 2016 2015 1 10 100 145 UNITS 145 UNITS LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Condo Trends for period ending 6/10/16.
  • 28. MEDIAN SALE PRICE +6.4% AVERAGE DAYS ON MARKET +47.3% PENDING SALES -46.1% NUMBER OF UNITS SOLD +47.8% 2016 2015 TOTAL INVENTORY -30.9% 1 10 100 12 UNITS 23 UNITS WALTHAM MID-YEAR REPORT | MULTI FAMILIES 2016 2015 29 UNITS 42 UNITS 2016 2015 1000 1000000 $596,250 $560,000 2016 2015 56 DAYS 38 DAYS 2016 2015 1 10 100 14 UNITS 26 UNITS LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Multi Family Trends for period ending 6/10/16.
  • 29. MEDIAN SALE PRICE +1.4% AVERAGE DAYS ON MARKET -12.8% PENDING SALES -5.8% NUMBER OF UNITS SOLD -4.7% 2016 2015 TOTAL INVENTORY -1.4% 10 100 40 UNITS 42 UNITS WATERTOWN MID-YEAR REPORT | SINGLE FAMILIES 2016 2015 68 UNITS 69 UNITS 2016 2015 1000 1000000 $620,000 $611,250 2016 2015 34 DAYS 39 DAYS 2016 2015 10 100 48 UNITS 51 UNITS 142 Galen Street, Watertown | 617.926.5400 LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Single Family Trends for period ending 6/10/16.
  • 30. MEDIAN SALE PRICE +6.3% AVERAGE DAYS ON MARKET +2.7% PENDING SALES +11.6% NUMBER OF UNITS SOLD +24.3% 2016 2015 TOTAL INVENTORY -1.8% 1 10 100 102 UNITS 82 UNITS WATERTOWN MID-YEAR REPORT | CONDOMINIUMS 2016 2015 160 UNITS 163 UNITS 2016 2015 1000 1000000 $452,000 $425,000 2016 2015 37 DAYS 36 DAYS 2016 2015 10 100 125 UNITS 112 UNITS 142 Galen Street, Watertown | 617.926.5400 LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Condo Trends for period ending 6/10/16.
  • 31. MEDIAN SALE PRICE +7.2% AVERAGE DAYS ON MARKET -35.4% PENDING SALES +19.2% NUMBER OF UNITS SOLD +38.1% 2016 2015 TOTAL INVENTORY -6.9% 1 10 100 29 UNITS 21 UNITS WATERTOWN MID-YEAR REPORT | MULTI FAMILIES 2016 2015 40 UNITS 43 UNITS 2016 2015 1000 1000000 $670,000 $625,000 2016 2015 20 DAYS 31 DAYS 2016 2015 10 100 31 UNITS 26 UNITS 142 Galen Street, Watertown | 617.926.5400 LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Multi Family Trends for period ending 6/10/16.
  • 32. MEDIAN SALE PRICE +5.2% AVERAGE DAYS ON MARKET 0% PENDING SALES -9.8% NUMBER OF UNITS SOLD -15.2% 2016 2015 TOTAL INVENTORY -7.5% 10 100 78 UNITS 92 UNITS WINCHESTER MID-YEAR REPORT | SINGLE FAMILIES 2016 2015 207 UNITS 224 UNITS 2016 2015 1000 1000000 $993,250 $944,000 2016 2015 49 DAYS 49 DAYS 2016 2015 10 100 119 UNITS 132 UNITS 2 Mount Vernon, Winchester | 781.729.5505 LeadingEdgeAgents.com LEADING EDGE Source: MLSPIN via imaxwebsolutions. Single Family Trends for period ending 6/10/16.