Boston Realtor Mike Mahoney
Michael Mahoney
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Greater Boston Monthly Housing Market Data

Greater Boston Monthly Housing Market Data

The seller’s market is likely over, or at least the balance has shifted” Major suggested. “With sale prices having begun to stabilize, more homes and condos available for sale, and properties sitting on the market longer, home values have most likely peaked in many areas”

As we begin the transition to a more normal market, a property’s condition and the willingness of homeowners to set a competitive price for today’s market will be critical to selling quickly GBAR President – Jim Major

Housing Inventory Increased in September

The supply of homes and condos for sale rose steadily in September from August creating more competition for sellers and opportunity for buyers.

In the single-family home market, active listings increased 14.6 percent in September to 3,085 homes for sale from 2,691 in August, but fell 11.4 percent from the previous year when 3,482 homes were listed for sale in September 2018.

For the condominium market, inventory increased in September by 22 percent on a month-to-month basis to 2,683 condos for sale, up from 2,198 in August, and rose 8.7 percent on a year-to-year basis from 2,469 in September 2018.

GBAR-Monthly-Market-Insights-Report-September-2019

The report above is furnished from the Greater Boston Real Estate Board.  The Greater Boston Association of REALTORS® (GBAR) is the largest local REALTOR® association in New England and among the top 25 largest nationally. We count more than 10,000 residential real estate agents, brokers, and industry affiliates as members in a territory that includes 64 communities in Eastern Massachusetts, which also makes us the largest of five divisions that comprise the Greater Boston Real Estate Board (GBREB).

 

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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

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