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®.