Boston Realtor Mike Mahoney
Michael Mahoney
617-615-9435617-615-9435

Archive for the ‘Greater Boston Real Estate Report’ Category

Greater Boston Real Estate Report for August 3 2018

August 4th, 2018 by Michael Mahoney

Greater Boston Real Estate Report by Realtor Michael Mahoney - click display images to see the full report

Greater Boston Real Estate Report for
August 3 2018

The Massachusetts Association of Realtors just released their data on June 2018 in their Market One Sheet Report which provides a quick overview of the MA Market and Trends. The overview of this report is below.

Have a question about the value of your house?

As you will see, the report shows that inventory is still down. If you know someone with the Pepto Bismol Pink Bathroom, their house is a good candidate for this market

Just as a sidebar, if you are considering putting your property on the market – you need to be careful on pricing.
Many homeowners will look at the lower inventory levels and attempt to overprice a property. This is a mistake we see playing out time and time again in the market today. Owners attempt an higher list price thinking the buyer will overpay since there is less than normal inventory. Ultimately, the buyers purchase another property and then the seller has to reduce their price sometimes to at or below market value. There is more to the process than the inventory level.

Massachusetts Association of Realtors June 2018
Interested in the National Real Estate Market Overview?
Last week’s focus were the national real estate stats in the United States. If you missed he national report, you can read the blog post on the June 2018 National Real Estate Stats here






logo Michael Mahoney Realtor, eXp Realty

617-615-9435
www.RealtorMikeMahoney.com
mike@mmahoney.com

Considering a career change in real estate, eXp realty and my team is growing – Reach out if you are considering a career change.
See more about eXp Realty here

Fourth of July Greater Boston Real Estate Report

July 3rd, 2018 by Michael Mahoney

Greater Boston Real Estate Report by Realtor Michael Mahoney

Greater Boston Real Estate Market Report Weekly Update For July 3rd
Happy Fourth of July

Here is What’s Happening Right Now in Greater Boston Real Estate

Click Display Images to See this Boston Real Estate Graph
Detached Single-Family Homes: The 1,217 homes sold in May 2018 was the fifth highest sales volume for the month and was a 2.4 percent decrease from the 1,247 homes sold in
May 2017. This total is above the 15-year historical monthly sales average for May of 1,132 homes sold. The median sales price reached arecord high for the month of May at $629,000 which was a 5.4 percent increase from the May 2017 median sales prices of $597,000.
Condominiums: With 1,060 condos sold, it was the eighth most active May on record in Greater Boston, and a 2.8 percent decrease in sales from the 1,091 units sold in May 2017. This total remains above the 15-year historical sales total for condos sold in May of 1,030 units. The median sales price ofcondos also reached a new record high for the month of May at $550,000, which is a 4.8 percent increase from May 2017’s median sales price of $525,000

To get the full report on Boston today – Click here

What’s The Median Home Value In Your State?

If you’ve entered the real estate market as a buyer or a seller, you’ve inevitably heard the mantra “location, location, location” in reference to identical homes increasing or decreasing in value based on where they’re located.
In today’s housing market where home prices are appreciating quickly, it’s important to know that not every home appreciates at the same rate. The map below demonstrates that point on a state-by-state basis using data from the National Association of Realtors. If you want to know the value of your home, you can get the value now

If you are curious about your value, check your current value here

The 5 Most Expensive Homes in Greater Boston Right Now

I love to look at expensive homes on the market. I love to see the rich architectural details and amenities luxury
homes offer. Here are the 5 Most Expensive Homes in Greater Boston

The home above is an amazing estate located at 50 Winsor Way, Weston, MA 02493. The price of this home is 18.5mm
This listing is being marketed by Landvest.
You have to see the virtual tour provided by the brokerage on this property

.

The Most Expensive Home Sold in Norfolk or Suffolk County Last Week

The most expensive home sold last week was in Norfolk County. It was in Westwood at 16 Pettees Pond Lane. The property was comprised of 18 rooms, 6 bedrooms, 8 full baths and 1 half baths. It was sited on 5.59 acres. It listed for $4,280,000 and sold for $3,925,000.

Here is how the broker described the property:

Rare offering – Complete Turn key home can come fully furnished – Design and build unlike other new homes in this area – Sophisticated Contemporary elegance – Gated entrance circular drive – 10 ft ceilings, Select Walnut and Marble floors, Rich detail, Floor to ceiling windows, Amazing privacy yet great location close to all – State of the art technology, Complete gym, Wine cellar, Office with mahogany builtins, Cooks dream kitchen with island and separate eating area, Formal dining room, butlers pantry, Fireplaced family room, Guest suite on first floor, Second floor offers All bedrooms ensuite, Luxurious Master suite with sitting room, dressing closets, Marble and Onyx bath, Inlaw/Nanny apartment on second floor, Gentlemens style pub room, Indoor heated salt water pool, Jacuzzi steam shower, Pool deck has desert air dehumidifier, Patio offers built in kitchen, Grill, Pizza oven, Fire pit, Finished lower level with Theatre setup, Play room, 4 car heated attached garage. See details here

 





What else can I do for you today?

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Thank you for your time today.

I look forward to working with you in the future…

Thinking of Buying or Selling?

Call Mike at 617-615-9435

logo Michael Mahoney Realtor, eXp Realty

617-615-9435
Greater Boston
mike@mmahoney.com
www.RealtorMikeMahoney.com


Considering a career change in real estate, eXp realty and my team is growing – Reach out if you are considering a career change.
See more about eXp Realty here

Reviews

5suzannechapman1208

I selected Mike after having a very unsuccessful experience with a previous broker. He had excellent ideas in helping to sell my house and continued to advertise it with a fresh perspective. His experience helped in a number of ways and I only wish we had... (more)

5goodlife99

This is the second property I have sold in Weymouth MA with Mike as my broker. He research the area and give you all the information you need to decide what to list your property for, so it sells timely. He also helps review and negotiate all offers and is... (more)

5SullyLemmons

We had been trying to sell our condo for well over a year and decided to give Mike a shot at it as he came well recommended. It was not easy for him but he persisted and had success. Even though it wasn't a big sale or profit for him, he acted as though it... (more)

Review Michael Mahoney on Zillow.com

Community Events

Monday Morning Mah Jongg

Mah Jongg in Cambridge and Beyond

Intermediate Players welcome to join us for a fun game of mah jongg. We play quickly, chit chat, joke around and play a mean game of mah jongg. Bring your current card and your wallet. Be prepared to win and have fun. $5 pi.

Board Game Night!

Makers at the Newton Free Library

Come play some board games! Bring your games you've been itching to play with other like minded folk or grab one of the libraries. We've begun lending out our games so there aren't as many. You can see the selections on the 1st floor in the...

B. I.G. Documentary Meet-up. Great Documentaries, Stimulating discussion

Brookline Documentary Films Meetup

Please vote your choice of documentary film for the upcoming meet-up on Monday, May 20 at 6:00 at https://www.meetup.com/Brookline-Documentary-Films-Meetup/polls/Choices are:1. Aida's Secrets[masked]h 30m In 1945, Izak, was born inside the...

Bostonwp Meetup

Boston WordPress

Agenda • 6:30: Networking & Pizza • 7:00: Presentations Presentation 1: Helpful Tools for Your WP site Ken Gagne - WordPress makes hosting a website easy—but there's a lot more to website management than the CMS! From finding a domain name...