South Boston
Local Market Update – January 2015 A RESEARCH TOOL PROVIDED BY THE GREATER BOSTON ASSOCIATION OF REALTORS®
South Boston
+ 3.6%
-10.3%
-35.5%
Year-Over-Year Change in Closed Sales All Properties
Year-Over-Year Change in Median Sales Price All Properties
Year-Over-Year Change in Inventory of Homes All Properties
January
Single-Family Properties Closed Sales Median Sales Price* Inventory of Homes for Sale Months Supply of Inventory Days on Market Until Sale Percent of Original List Price Received* New Listings
Year to Date
2014
2015
+/–
2014
2015
+/–
4 $563,000 5 1.1 24 96.1% 6
3 $505,000 4 0.8 45 99.4% 3
-25.0% -10.3% -20.0% -29.2% + 89.5% + 3.4% -50.0%
4 $563,000 --24 96.1% 6
3 $505,000 --45 99.4% 3
-25.0% -10.3% --+ 89.5% + 3.4% -50.0%
January
Condominium Properties
2014 24 $492,500 71 1.4 62 95.2% 51
Closed Sales Median Sales Price* Inventory of Homes for Sale Months Supply of Inventory Days on Market Until Sale Percent of Original List Price Received* New Listings
2015 26 $472,500 45 1.0 46 97.5% 49
Year to Date +/– + 8.3% -4.1% -36.6% -29.9% -25.7% + 2.4% -3.9%
2014 24 $492,500 --62 95.2% 51
2015 26 $472,500 --46 97.5% 49
+/– + 8.3% -4.1% ---25.7% + 2.4% -3.9%
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Change in Median Sales Price from Prior Year (6-Month Average)** Single-Family Properties
Condominium Properties All MLS South Boston
All MLS South Boston + 25%
+ 80%
+ 20%
+ 60%
+ 15% + 40% + 10% + 20% + 5% 0% 0% - 20% - 5% - 40%
- 60% 1-2008
- 10%
1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
- 15% 1-2008
1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | All data from MLS Property Information Network, Inc. Provided by the Greater Boston Association of REALTORS® and the Massachusetts Association of REALTORS®. Powered by 10K Research and Marketing.
South Boston
+ 3.6%
-10.3%
-35.5%
Year-Over-Year Change in Closed Sales All Properties
Year-Over-Year Change in Median Sales Price All Properties
Year-Over-Year Change in Inventory of Homes All Properties
January
Single-Family Properties Closed Sales Median Sales Price* Inventory of Homes for Sale Months Supply of Inventory Days on Market Until Sale Percent of Original List Price Received* New Listings
Year to Date
2014
2015
+/–
2014
2015
+/–
4 $563,000 5 1.1 24 96.1% 6
3 $505,000 4 0.8 45 99.4% 3
-25.0% -10.3% -20.0% -29.2% + 89.5% + 3.4% -50.0%
4 $563,000 --24 96.1% 6
3 $505,000 --45 99.4% 3
-25.0% -10.3% --+ 89.5% + 3.4% -50.0%
January
Condominium Properties
2014 24 $492,500 71 1.4 62 95.2% 51
Closed Sales Median Sales Price* Inventory of Homes for Sale Months Supply of Inventory Days on Market Until Sale Percent of Original List Price Received* New Listings
2015 26 $472,500 45 1.0 46 97.5% 49
Year to Date +/– + 8.3% -4.1% -36.6% -29.9% -25.7% + 2.4% -3.9%
2014 24 $492,500 --62 95.2% 51
2015 26 $472,500 --46 97.5% 49
+/– + 8.3% -4.1% ---25.7% + 2.4% -3.9%
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Change in Median Sales Price from Prior Year (6-Month Average)** Single-Family Properties
Condominium Properties All MLS South Boston
All MLS South Boston + 25%
+ 80%
+ 20%
+ 60%
+ 15% + 40% + 10% + 20% + 5% 0% 0% - 20% - 5% - 40%
- 60% 1-2008
- 10%
1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
- 15% 1-2008
1-2009
1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period. | All data from MLS Property Information Network, Inc. Provided by the Greater Boston Association of REALTORS® and the Massachusetts Association of REALTORS®. Powered by 10K Research and Marketing.
