Boston Metro Real Estate 2011 vs. 2012
The first quarter real estate market saw another decrease in the number of units sold in Back Bay, Charlestown, and Fenway, with significant increase in South End. Inventory decreased in all places except Charlestown. Back Bay saw the biggest increase in number of days on market with negligible change in price. Fenway saw the biggest drop in inventory and the number of days on market as well as the biggest rise in median selling price.
Feel free to contact me if you have any questions or would like to discuss these numbers further.
*Sales prices in the Back Bay tend to be skewed due to the large number of luxury home sales.
Data supplied by LINK (Listing Information Network)