BOSTON, MA : MARKET DATA THROUGH APRIL

April Headlines
Boston
  • Unit sales are down 24.6% to 269.
  • Months of supply in April was 2.8. This is up 22.5% from 2.3 in April of 2014.
  • Days on market is up by 32.6%.
Nearby Areas You May Be Interested In
  • Unit sales in Boston (South Boston) are up 36.4% to 45.
  • Months of supply in Boston (Charlestown) in April was 2.4. This is up 84.8% from 1.3 in April of 2014.
  • Unit sales in Cambridge are down by 40.0%.
Changes Favoring Buyers
3 Months Ending April, 2015 % Chg From Apr, 2014
Unit Sales 684 -18.9%
Months of Supply 2.2 8.4%
Market Time (Days) 63 14.5%
Listings Under Contract 1,074 -11.2%
Changes Favoring Sellers
3 Months Ending April, 2015 % Chg From Apr, 2014
Median Sale Price $519,500 6.2%
Inventory 746 -4.5%
Price per Sq Ft for Sold $619 0.3%
Sales to List Price Ratio 99.1% 0.5%
New Listings 1,572 -4.3%

Sales

There were 269 unit sales in April. This is down 24.6% from 357 in April of 2014. Sales/list price ratio in April moved up to 100.4% from 98.1% in March.

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Prices

Median price in April was $519,000. This is up 11.0% from $467,400 in April of 2014. 3-month median price of $519,500 in April was up marginally from $510,000 in March and up a little from $489,000 in April of 2014. Price per square foot in April was $641. This is up from $611 in March and up from $605 in April of 2014.

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Inventory

Inventory of 951 in April was up 36.6% from 696 in March and up 6.3% from 895 in April of 2014. New listings of 747 in April were up substantially from 538 in March and up slightly from 706 in April of 2014. Months of supply of 2.8 in April was up considerably from 2 in March and up moderately from 2.3 in April of 2014. On a year-over-year basis, months of supply has been rising for 4 months. This is the highest months of supply has been since October, 2012.

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Market Time

Days on market of 57 in April was down slightly from 64 in March but up considerably from 43 in April of 2014.

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Change in Median Sale Price for Condominium Properties YTD From 2014 To 2015 for Towns in Suffolk County Ranked by Best Performance
Town % Change
Boston 5.86%
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Luxury Homes For Sale in Massachusetts with Incredible Wine Cellars

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View Luxury Homes For Sale In Massachusetts with Incredible Pools and Pool Houses
Luxury Homes For Sale In Massachusetts with Incredible Pools and Pool Houses

Boston’s Top 5 Luxury Homes

130 Commonwealth Ave. Boston, MA

With an average List Price of over $11,000,000 and a Price Per Sq.Ft. of $1329, here are the Top 5 Luxury Homes For Sale in Boston. 

 

#5 

198 Commonwealth Ave. Boston, MA
198 Commonwealth Ave. Boston, MA

$9,500,000

198 Commonwealth Ave., Boston, MA 02116

 

6 Bed

6.0 Bath

7,500.00SqFt

Grand Commonwealth Avenue Townhouse centrally located in the heart of Back Bay. An elevator serves all five levels of this meticulously renovated home complete with soaring ceilings, carved accents and crown molding throughout. The Parlor level o…Read More …..


#4

22 Chestnut St. Boston, MA
22 Chestnut St. Boston, MA

$9,900,000

22 Chestnut Street, Boston, MA 02108

7 Bed

5.5 Bath

8,239.00SqFt

This 1823 Asher Benjamin Federal-style townhouse represents Beacon Hill in its finest era. Upon entry, a gracious curved staircase leads to the spectacular double-parlor living room with soaring ceilings, handsome marble fireplace and floor-to-cei…Read More …..


#3

14 Walnut St. Boston, MA
14 Walnut St. Boston, MA

$10,000,000

14 walnut street, Boston, MA 02108

6 Bed

10.0 Bath

7,122.00SqFt

a magnificent residence in the city with a comanding presence on Beacon HillI It has one of the largest and most spectaular garden. It offers sun filled rooms ,soaring ceilings,period detail, many fireplaces and great floor plate There is an ele…Read More …..


#2

56 Beacon St. Boston, MA
56 Beacon St. Boston, MA

$11,900,000

56 Beacon Street, Boston, MA 02108

5 Bed

7.0 Bath

8,682.00SqFt

Grand Beacon Hill townhouse beaming with natural light overlooking Boston Common. Private attached 4-car garage parking. Elevator to all floors.Open & spacious parlor level kitchen,family room & mud room walk out to large patio.Spectacular dining …Read More …..


#1

130 Commonwealth Ave. Boston, MA
130 Commonwealth Ave. Boston, MA

$13,900,000

130 Commonwealth Ave, Boston, MA 02116

5 Bed

7.0 Bath

9,908.00SqFt

A rare opportunity to own one of the finest luxury homes in the city of Boston. Situated on Back Bays toniest residential street, the exterior of 130 Commonwealth Avenue evokes the timeless elegance of 18th century Parisian architecture. Part of t…Read More …..

If you are interested in previewing one of these beautiful luxury homes, please contact The Walsh Team at 508-934-4030 or email us at info@walshteam.com

“Turning Dreams Into Reality” – #LuxuryRealEstate

“Turning Dreams Into Reality” For the past 10 years I have dedicated a good portion of my time to over-hauling, beautifying, improving, revamping and perfecting our website walshteam.com, to be the very best. I am self taught, it’s not something I studied in school and there have been many a day where I stared at the screen with blurry eyes and literally wanted to throw the laptop across the room or rip my hair out in frustration! To make matters worse, my focus was on Luxury Real Estate in Massachusetts, which is an incredibly aggressive and competitive market. I had big companies and some heavy-hitters to contend with but today I am proud to say we are at the top of the list- ranked #5 on Google for Luxury Real Estate in MA. What’s more, is we have the #1 Luxury Real Estate website for MA as an independent “agent” site (which is not a company site). For me, it is an incredible achievement and a long time coming! But what’s more important is what this means for all of the luxury home buyers and sellers. As a luxury home buyer or seller you will find everything you need, from beautiful and stunning “Home Search” results, to even a translator tool for every listing, so visitors can easily find out the details of each and every property in their own native language. The whole idea was to create a place that luxury home buyers and sellers would go to search for luxury homes and be able to find things that are tailored to their discerning tastes and unique needs. The most important aspect though, is how this will affect our Luxury Home Sellers. Since the beginning, “exposure” is the name of the game for getting homes sold- for the most money and that’s because the more people see it, the better chance there is of finding a buyer! So as far as this latest Google Ranking goes, it is ultimately the result of just how much traffic we are getting compared to everyone else… proving once again, “If you build it, they will come”… (Thanks for reading! Please visit http://www.walshteam.com/luxury-real-estate.asp for all of you Luxury Real Estate needs in MA or if you just want to poke around at some of the most expensive homes for sale in MA)