Jamaica Plain

Report 1 Downloads 309 Views
Local Market Update – February 2014 A RESEARCH TOOL PROVIDED BY THE GREATER BOSTON ASSOCIATION OF REALTORS®

Jamaica Plain

+ 41.7%

+ 19.0%

-64.8%

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

February

Year to Date

Single-Family Properties

2013

2014

+/–

2013

2014

+/–

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

0 $0 10 1.5 0 0.0% 6

3 $637,000 4 0.6 20 97.7% 3

---60.0% -58.1% ---50.0%

8 $722,000 --114 100.5% 9

7 $637,000

-12.5% -11.8% ---77.9% + 7.2% -33.3%

February

Condominium Properties

2013

Closed Sales Median Sales Price* Inventory of Homes for Sale Months Supply of Inventory Days on Market Until Sale Percent of Original g List Price Received* New Listings

12 $327,000 61 1.9 32 98.5% 55

2014 14 $360,500 21 0.6 38 101.1% 28

--25 107.7% 6

Year to Date +/–

2013

+ 16.7% + 10.2% -65.6% -70.2% + 18.0% + 2.7% -49.1%

27 $345,000 --41 97.5% 80

2014 37 $376,000 --36 101.0% 54

+/– + 37.0% + 9.0% ---11.9% + 3.6% -32.5%

* 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 Jamaica Plain

All MLS Jamaica Plain

b a

+ 25%

+ 40%

+ 20%

+ 30%

+ 15% + 20% + 10% + 10% + 5% 0% 0% - 10% - 5% - 20%

- 30% 1-2008

- 10%

1-2009

1-2010

1-2011

1-2012

1-2013

1-2014

- 15% 1-2008

1-2009

1-2010

1-2011

1-2012

1-2013

1-2014

** 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 period | All data from MLS Property Information Network, Network Inc. Inc Provided by the Greater Boston Association of REALTORS® and the Massachusetts Association of REALTORS® of sales during that period. REALTORS®. Powered by 10K Research and Marketing Marketing.