I two calls today on the Milton Multifamily Market. I thouught I would give you all the stats in this blog post.
There are currently 17 multifamily properties on the market in Milton as of 9/4/2007.
In the month of August, 3 new units came on the market.
The remainder of the 17 came on before 8/1/2007.
There were 9 price reductions in the month of August on the multis on the market.
The average reduction was about $3,000.
Two properties went under agreement in the month of August 2007. These were on the market about 83 days.
There were 2 sales. The average time for the two properties was 105 days.
The 2 sales sold @ 95% of their adjusted price. They sold @ 88% of their original price.
Coldwell Banker Residential Brokerage
Favorite links of mine for you to check out:
Milton Real Estate - visit www.02186.com
Quincy Real Estate - visit www.02169.com
CONDOs in Quincy - visit http://www.quincycondobuyer.com/
Dorchester Real Estate - visit www.02124.com
Hyde Park Real Estate - visit www.02136.com
Jamaica Plain Real Estate - visit http://www.livein02130.com/
Mattapan Real Estate - visit http://www.02126.com/
Roslindale Real Estate - visit http://www.livein02131.com/
Roxbury Real Estate - visit http://www.livein02119.com/
South Boston Real Estate - visit http://www.livein02127.com/
South End Real Estate - visit http://www.livein02116.com/
If you are looking for real estate in West Roxbury, you should visit http://www.livein02132.com/
Want to see a list of foreclosure properties of fixer uppers. Please visit http://www.thebostonreports.com/
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