617-337-3725

November 2014 Monthly Housing Report For Boston

November 2014 Monthly Housing Report For Boston, MA by DRW Realty

The Boston real estate market saw some drastic changes in November of 2014 compared to November of 2013. The statistics and percentages are listed below.

Boston Housing Report For November 2014
November 2012
November 2013
November 2014
’13 – ’14 % Change
Single-Family Homes Sold
86
83
68
-18.07%
Single-Family Average Sale Price
$511,660
$686,013
$651,140
-5.08%
Multi-Family Homes Sold
57
75
51
-32%
Multi-Family Average Sale Price
$850,816
$613,073
$784,385
27.94%
Condos Sold
352
302
263
-12.91%
Condos Average Sale Price
$641,749
$629,358
$673,405
7%

– Single-Family Homes November 2014 Report for Boston

Boston Real Estate

There were a total of 68 single-family homes sold in November of 2014 compared to a total of 83 single-family homes sold in November of 2013. That is a rather large 18.07% drop in the number of single-family homes sold in Boston in November of 2014 compared to November of 2013. The average sale price of single-family homes dropped by $34,873, a total drop of 5.08%.

 – Multi-Family Homes November 2014 Report for Boston

There were a total of 51 multi-family homes sold in November of 2014 compared to a total of 75 multi-family homes sold in November of 2013. That is a rather large 32% drop in the number of multi-family homes sold in Boston in November of 2014 compared to November of 2013. However, multi-family homes saw an increase in the average sale price of $171,312, a total increase of 27.94%.

 – Condo November 2014 Report for Boston

There were a total of 263 condos sold in November of 2014 compared to a total of 302 condos sold in November of 2013. That is a 12.91% drop in the number of condos sold in Boston in November of 2014 compared to November of 2013. However, condos saw an increase in the average sale price of $44,047, a total increase of 7%.

This monthly housing report for Boston does not reflect homes “sold by owner” in Boston.

Leave a Reply

Current ye@r *