Realtor Michael Mahoney overviews the Greater Boston residential real estate market which includes condos and homes. You can see more Boston real estate information here: http://www.realtormikemahoney.com/the-mahoney-report/

1. MARKET ONE SHEET May 2017
PROVIDES A QUICK OVERVIEW OF MA MARKET & TRENDS
CLOSED SALES
PENDING HOME SALES
MAY 2016 MAY 2017
SINGLE-FAMILY
SALES 6,530 7,280
MEDIAN PRICE $352,700 $385,000
CONDOMINIUMS
SALES 2,432 2,736
MEDIAN PRICE $343,000 $370 ,000
REALTOR®
CONFIDENCE INDEXES
MAY 2016 MAY 2017
MARKET 81.25 83.54
PRICE 72.46 73.94
Based on a scale of zero to 100
SALES
NEW LISTINGS
MEDIAN PRICE
INVENTORY
10,000
8,000
6,000
4,000
2,000
0
SINGLE-FAMILY CONDOMINIUMS
SINGLE-FAMILY CONDOMINIUMS
SINGLE-FAMILY CONDOMINIUMS
n MAY ‘16 n MAY ‘17
SINGLE-FAMILY CONDOMINIUMS
30,000
24,000
18,000
12,000
6,000
0
$420,000
$380,000
$340,000
$300,000
$260,000
8,000
6,000
4,000
2,000
0
$352.7K
5,047
8,611
20,065
$343K
2,067
5,260
2,846
4,930
$385K
13,918
8,968
2,061
$370K
3,876
3,125
n Home sales down in May despite strong buyer demand
n May median home prices hit all-time high
n New listings added to the market up for first time in a
year
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