Showing posts with label Boston Home Selling Tips. Show all posts
Showing posts with label Boston Home Selling Tips. Show all posts


Presenting you with your monthly market stats for the Greater Boston area single family homes...

Real Estate Market Chart by Altos Research www.altosresearch.com


For single family Boston properties in zip code 02129 there was a total of 4 homes listed as of January 23rd.   With an average of 1,425 square feet and 2.5 bedrooms, the median list price comes out to $649,450. One of the homes was newly listed. Finally, with an average of 82 days on the market, 1of the 4 homes were absorbed.




The numbers for Boston condos in zip code 02129 are promising. The median listing price was at $639,000 at a total inventory of 37. The average condo size is currently sitting at 1,312 square feet, along with an average of 2.23 bedrooms and 1.92 bathrooms. With an average of 50 days on the market, 11 of the 37 condos were absorbed.






Below is a graph that shows the median price for Single Family Homes and Condos in 02129.




Data provided by ©2014 Altos Research LLC

Data and charts are based on the last 2 weeks, but are current to the day.  I have the ability to focus on different zip codes in the Boston area.  Please contact me with whatever your area of interest is; 02116, 02118, 02129 and I will be glad to help you, just let me know!


Patti Fine
Phone: 617-642-7585
Email: pf@pattifine.com

Sell Your Boston, MA Home This Fall!


Have you been putting off the home-selling process in Boston, even though you’ve been ready to sell for a while? Are you ready to move up to a better home? Have you wanted to relocate closer to family, or closer to your job? Are you ready to retire into assisted living, or downsize as empty nesters? Whatever the reason, as your Boston real estate agent, I’m here to tell you that now is an excellent time to sell your Boston home!

Here are some reasons why KCM Crew says you should consider selling this fall:

1.  Demand from Boston homebuyers is strong. Mortgage rates fell last week and remain at yearly lows, which was not predicted for this year! Still, economists predict that rates will rise by at least one percent in the next year, which means that buyers can save a lot of money by purchasing a home now. The more buyers that are eager to buy, the more interest you’ll get in your home, and the more negotiating power you’ll have!

2.  Now is the time to move up. If you want to sell your Boston home and move up to a bigger or better home, low mortgage rates affect you too. If you buy a Boston home now, you’ll save yourself hundreds of dollars per month on your monthly mortgage payment by getting a low mortgage rate. Start the pre-approval process now and see what type of rate you can get!

3.  There is less competition. Inventory is still below normal levels, and while new home inventory is expected to make a comeback soon, it hasn’t yet. A recent survey showed that 41 percent of buyers prefer a new house, over 21 percent who prefer an existing house. Take advantage of the low competition by selling now, while buyers are eager! This is an ideal situation.

4.  The process is faster this time of year. The length of time it takes from contract to closing has increased this year, due to more requirements and paperwork from banks. The summer time is busy, because the Boston real estate market is very active. The winter months take a long time because of the holiday season. Right now, during the fall, is the best time of year for a smooth transaction!

5.  It’s time to move on. No matter what reason you have for wanting to sell your Boston home, why are you waiting to accomplish that goal? Home prices are up, mortgage rates are still down, home equity is returning, foreclosure numbers are way down, and the housing recovery is steadily continuing. Now is the time to relocate, or move up, or grow your family, or start a new job, or downsize, and move on with your life and your dreams.

When you’re ready to sell your Boston home, contact me, your Boston real estate agent. I would love to help you accomplish your real estate goals in the Boston real estate market!

Patti Fine
Phone: 617-642-7585
Email: pf@pattifine.com