Boston Real Estate Market Statistics - March 2013

Boston Real Estate Market PROPERTIES in theHUB March 2013 TOTAL ACTIVE LISTINGS AND AVERAGE DAYS ON MARKET March 2012 - 1,667 Active Listings March 2013 - 1,028 Active Listings March 2012 - 105 Days on Market March 2013 - 71 Days on Market smaller inventory means means more money and faster sales for sellers! % OF CLOSINGS UNDER AGREEMENT IN UNDER 30 DAYS March 2013 January 2013 February 2013 December 2012 March 2012 34.1% 36.3% 42.1% 52.7% 30.1% With more and more properties going under agreement in under 30 days buyers are increasingly forced to offer strongly and offer quickly when they see a property they like or risk losing it. MEDIAN SALE PRICE OF A TWO BEDROOM CONDO BY NEIGHBORHOOD $27,000 $5,00 March 2012 to March 2013 .000 $100,000 $100,000 $100,000 $100,000 $100,000 $90,000 $25,000 $100,000 $100,000 $100,000 $100,000 $90,0 $69,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 Back Bay $927,750 Beacon Hill $805,000 Charlestown South Boston Dorchester $490,000 $425,250 $269,250 otis & ahearn Market Share By Firm Top 5 Firms (Boston Properties Only) gibson southeby's coldwell banker kw March 21st, 2012 to Match 21st, 2013 hammond 1. Coldwell Banker (1368 Sides) 2. Gibson Sotheby's (653 Sides) 3. Hammond Residential (589 Sides) 4. Keller Williams Boston (578 Sides) 5. Otis & Ahearn (390 Sides) CLOSING NUMBERS FOR MARCH 2013 43 Expired Listings 444 Pending Sales in Boston in Boston under agreement expired Properties in Boston in the Iast month sold for 99% of list price Number of Listings in Boston with Price Drops in the last 30 Days 159 Justin Rollo view every listing in Massachusetts! [email protected] www.propertiesinthehub.com 978.790.4381 PROPERTIES in the HUB www.facebook.com/propertiesinthehub