With fall in full swing and Halloween just around the corner, we have some exciting updates to share from Berkshire Hathaway HomeServices Warren Residential. Whether you're looking to buy or sell a home, or simply want the latest news on Boston's real estate market, this newsletter will keep you informed and inspired.
In this edition, you'll find tips for navigating the fall real estate market, a feature on our agents' recent achievements, details about our latest community initiatives, and a market update section to keep you up to date on the latest trends.
Boston Condo Market Update (as of 10/29)
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Current Listing Inventory: Up 21.21% to 1,206 (compared to 995 in 2023)
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Approximate Months Supply of Inventory: Up 30.58% to 4.27 (compared to 3.27 in 2023)
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Average Sale Price: Down 1.93% to $1,061,057 (compared to $1,081,987 in 2023)
Check Out the Q3 Warren Report: Condo Edition
For those of you who haven't read it yet, we've recently released the Q3 2024 Edition of The Warren Report. This comprehensive report provides a clear and straightforward breakdown of price and sales trends in the Boston real estate market. Published every quarter, it’s packed with the information you need to make informed decisions, whether you're buying, selling, or investing.
Each neighborhood report includes data from the past 5 years, including:
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Average price per square foot**
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Average sales price**
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Average days on market**
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Total sales volume**
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Absorption rate**
We also provide a year-over-year snapshot so you can see how things have changed over the last 12 months. Whether you're interested in Back Bay, Jamaica Plain, or anywhere in between, these stats give you a complete picture of Boston’s evolving neighborhoods. Click here to read it now and stay informed!
One final thing …
We're incredibly proud to share that we were recently ranked as the #2 Berkshire Hathaway HomeServices office in the entire Northeast! This recognition is a true testament to the hard work of our team and the trust that our clients place in us every day. Thank you for being a vital part of this journey.
Thanks for being part of our journey!
Nick Warren
Broker/Owner Berkshire Hathaway HomeServices Warren Residential
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