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Boston Area Luxury Home Market Report Jan 5 2016

By
Real Estate Agent with YourStories Realty Group MA# 9517963

Boston Area Luxury Marketing ReportBoston Area Luxury Home Market Report Jan 5 2016.  The Luxury market in the Boston area is still very strong.  The movements in the market this winter mirror the slowdown of other years but still remains strong overall.  While overall prices have dropped here in the late fall early winter they are still robust.

Boston Area Luxury Marketing Report

The overall inventory is down as it always is at this time of year but it is on it's way back up. The Spring Market is not too far away right now. The 7 day inventory always drops off the charts right around the holidays.  Towns like Newton MA have 66 Active listings in the luxury category.  47 Dudley Road, Newton Boston Area Luxury Marketing ReportMA 02459 is one such home.  It has a great yard which is unusual for Newton and being in Newton Center and close to the schools and downtown its location is so convenient.  Dudley Road is this wonderful winding road that does not feel like it is stuck in an area 9 minutes from downtown. It is the home of many well known, well respected titans of industries and medicine.  It is still a place where your children can walk to school.  The Newton Schools are ranked among the top in the state and in the country on a consistent basis.

Boston Area Luxury Marketing Report

As usual in this time of the year the Days on Market (DOM) goes up. We are average a bit longer now with the holidays taking a good portion of time out of our lives for family and fun.  Always with luxury property it takes longer to market and sell the property than it does with an average priced home. There are just fewer people who can purchase at this level and with so much choice they can pick and choose what is best for the family. This has been this week's Boston Area Luxury Home Market Report Jan 5 2016

Posted by

Larry Lawfer, Realtor®YourStories Realty, It's all about you,

Larry Lawfer

Partner

Realtor®, Director of Marketing

YourStories Realty Group powered by Castles Unlimited®

837 Beacon St

Newton, MA 02459

larry@yourstoriesrealty.com, 617-774-8292

Comments (2)

Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good Morning Larry -  this is the time for sellers to contact you.  The competition is lower and Spring is right around the corner.

Jan 05, 2016 09:22 PM
Larry Lawfer
YourStories Realty Group - Newton, MA
"I listen for a living." It's all about you.

Grant Schneider From your words to my prospects ears, thanks for the comment.  Spring is right around the corner you are right.

Jan 05, 2016 11:17 PM