Home prices and sales broke records in Greater Boston in October

The 1,433 single-family homes sold last month reflected a 36.9 percent year-over-year increase in sales.

The Greater Boston single-family and condo home markets saw record sales in October, according to a report by the Greater Boston Association of Realtors released Tuesday.

The 1,433 single-family homes sold last month reflected a 36.9 percent year-over-year increase in sales, while the median sales price rose to a new record for the month: $700,000. It was $593,000 last October.

In the condo market, 949 units sold, a 9.3 percent year-over-year increase, according to the report. The median sales price, $575,000, also broke records for the month. The median sales price in October 2019 was $549,700.

The multifamily home market saw a 6.4 percent increase in sales, with 198 properties sold.
The median sales prices for single-family homes and condos hit $700,000 and $575,000, respectively. Search the latest listings at realestate.boston.com.

Selecting the Right Homebuyer's agent

home buyer agent photo | homebuyer real estate buyers brokerUnlike most other real estate agents, a MABA home buyer's broker never represents both a buyer and seller in the same transaction so you never have to worry whether a MABA agent is really looking out for your best financial interests. A MABA buyer's agent acts as your advocate, real estate educator, advisor and negotiator, always loyal to you and dedicated to helping you find and buy the best home with the best terms at the price and showing you which homes to avoid along the way.

Fewer than one percent of the agents and brokers in Massachusetts meet our high standards. 

Whether you are ready to buy now or just beginning your home buying journey, click here to choose a Great Buyer's Agent to answer all of your home buying questions!  

 

Tags used in this Real Estate Homebuyer in Massachusetts blog post:
#HomeBuyers #BuyersAgent #Boston #ma #RealEstate #HomeBuying #Broker #home #homesforsale


Article From: "Boston.com Real Estate"   Read full article

Get Started with MABA

For no extra cost, let a MABA buyer agent protect your interests

800-935-6222 Call now!

Pin It on Pinterest