fbpx

Boston Prices Boom Commutes Get Longer

Single Family Sales 3 years

Compiled from the Multiple Listing Service

The Greater Boston Area housing marketing is booming!

Sales prices in Newton, Brookline, and Cambridge have consistently appreciated over the past three years.  This trend is reflected in the two graphs shown here, one for condos and the other for single family homes.

The three areas under discussion all have easy commuter access to Boston Proper as well as to the Longwood Medical Area, and many Boston centers of technology and research. In addition, they are chock full of amenities including outstanding dining, cultural and entertainment options.  As a result, in the past few years, many buyers have had to compete in multiple offer situations for properties in these towns…even during the slower winter months.

3 years Condominium Sales

Compiled from the Multiple Listing Service

Relocation buyers often struggle to comprehend the unique Boston housing market .Although they want and expect to get easy commutes (and the other amenities mentioned above),  due to the strong prices in Boston, many have had to consider living further out and having a longer commute.

If you are moving to the Greater Boston area, an experienced Buyer’s Agent will help you be prepared and well postitioned to find the home of your dreams.

If you are thinking of selling your home, a well seasoned Realtor can help you maximize your marketing exposure and create a plan to ensure that you net the highest possible amount on your sale.  Even in a strong seller’s market, sellers who have a good agent invariably net considerably more after paying the commission than sellers who sell without professional help.

Call Janet at 617-797-9497