Boston Realty by Realtor Michael Mahoney of eXp
Michael Mahoney
617-615-9435617-615-9435

Greater Boston Real Estate Report for August 3 2018

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

Comments are closed.

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

Saturday 9-11 am Tennis at Newton South High School-Intermediate skill level &up

Boston Tennis Players

This Meetup is for players with intermediate skills and up. Weekly Saturday morning tennis at Newton South High School. Look for the regulars and say hello to people. The nets at Newton South have been put back up. I am continuing this meetup...

Let's meet up and play fetch!

Fenway Small Breed Dog Meetup

Calling all small breed dogs and pup parents! We'll be having a meetup this Saturday from 10:00AM to 10:45AM at our new location: the Harvard Medical School Front Lawn (299 Longwood Ave). We tried out this location last week and it is a big...

AS Meet up Kickoff

Authentic Self (Boston)

Hi all, I am looking forward to the Authentics Self MeetUp. We are located at the Boston Center for Contemplative Practice 796 Beacon Street in Newton. Please bring comfortable clothing in which you feel comfortable doing some brief stretching,...

Meetup for April 20th, Andrew Lemelman's T.V pilot Script "Iron Walkers"

The Boston Screenwriters Group

Greetings all members! Our next meetup on April 20th (ironically or unironically depending on your preference) and will be hosted by Deborah Shariff and Jeff Stewart. The hot seat writer will be Andrew Lemelman and his T.V pilot script "Iron...