Real Estate Market in Chestnut Hill, MA
Buyers and investors who have are serious about the Real Estate Market in Chestnut Hill, MA in April 2014 should now have enough facts to get them started on their real estate journey in this community.
The data provided in this report is from Market Insider (MI) published by Market Leader. MI consolidates data from multiple sources and includes current listings, recent sales and more. Whether you are a buyer or seller, the knowledge you gain will help put you in control of your real estate transactions.
Price Trends - Sold vs. Listed Chestnut Hill, MA
Understanding the difference between "listing prices" (what sellers are asking for) and "sold prices" (what buyers are willing to pay). By comparing these price trends, you will have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month. Some sales are not immediately available from public records. As they become available, the data are updated.
Market Inventory Trends
The number of active listings in Chestnut Hill (02467) increased by 15.5% from the previous month. The median number of days active properties have been listed is 33. This is significantly shorter than the national average. The Median Listing Price for homes and condos in Chestnut Hill, in March of 2014 was $1,760,440. There are 57 Active listing in Chestnut Hill.
Chestnut Hill real estate is still in a seller's market. This will continue for remainder of 2014 due to lack of available housing and low interest rates. Like all the real estate market in Boston area suburbs. If you find the ideal home for you, be prepared to write an offer quickly or accept the possibility you will lose the home to another buyer.
Your Chestnut Hill, MA Real Estate Specialist
For complete details about all the available real estate in Chestnut Hill and surrounding towns in Metro Boston area follow the link to get the most current Chestnut Hill Real Estate information.
When you are ready to buy or sell Chestnut Hill real estate, let us put our experience and expertise to work for you. We stand ready to assist with all your Chestnut Hill residential real estate needs and look forward to earning your trust and business.
For a complete list of available Chestnut Hill real estate, visit www.MaFindHomes.com or call Noune at (617) 256-7097, or Allen at (617) 256-7102, so we can discuss your housing needs.