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Boston Ranked as a Top "Hot" Market

From the Boston Business Journal, December 9th, 2013

Study: Boston area ranks high among 'hottest' housing markets in U.S.

""Hot" markets were characterized by lower than average unemployment, population growth of at least 2 percent or more during the past two years and expected home-value growth of more than 2 percent over the next 12 months."

2014's Hottest Housing Markets

  • 1. Salt Lake City
  • 2. Seattle
  • 3. Austin, Texas
  • 4. San Jose, Calif.
  • 5. Miami
  • 6. Raleigh, N.C.
  • 7. Jacksonville, Fla.
  • 8. San Diego
  • 9. Portland, Ore.
  • 10. Boston

Read more here.

 


 

 

Call it a hot market, call it a tight market...

 

As 2013 winds down, here is a quick look at the Boston Real Estate market through October of this year:

+ 4.9%

Year-Over-Year Change in Closed Sales All Properties

 

+ 9.2%

Year-Over-Year Change in Median Sales Price All Properties 

 

-23.9%

Year-Over-Year Change in Inventory of Homes All Properties 

Data from MLS Property Information Network, Inc. Provided by the Greater Boston Association of REALTORS® and the Massachusetts Association of REALTORS®. 

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