Direct Access To All Multiple Listings Like Realtors®

(Prices and inventory current as of Dec 9, 2022)

See Pictures and updates (icon)See photos and updates from listings directly in your feed

Share with you friends (icon)Share your favorite listings with friends and family

Save your search (icon)Save your search and get new listings directly in your mailbox before everybody else

Direct Access To All Multiple
Listings Like Realtors®

(Prices and inventory current as of Dec 9, 2022)

See Pictures and updates (icon)See photos and updates from listings directly in your feed

Share with you friends (icon)Share your favorite listings with friends and family

Save your search (icon)Save your search and get new listings directly in your mailbox before everybody else

Sign Up

it's quick and easy

We'll never post to social networks

or

  • This field is for validation purposes and should be left unchanged.

Already an account? Log in here

Log in

Please check username or password!

No account yet? Register here

Password forgotten? Reset your password

Reset your password

The email address does not seems to be correct!

Please check your email to reset your password

No account yet? Register here

Real Estate Market Update | Boston | August 2022 vs July 2022

Real Estate Market Update | Boston | August 2022 vs July 2022

Welcome to The Griffin Real Estate Market Update.

If you’re thinking about buying or selling residential real estate, it’s important to understand the current market trends.

According to MLSPIN, the marketplace for Boston residential properties, here’s what happened in August 2022 versus July 2022:

The Number of SOLD listings decreased by 28% to 130 properties with a top sale of $6.1 million at 128 Beacon Street #K in Boston.

The Average Sales Price decreased by 1% to $1.36 million moving the Average Price Per Square Foot down to $1074 per square foot.

The inventory of properties available for sale as measured in months supply decreased by 19% to 2.93 months worth of properties for
sale.

The average 30 year fixed mortgage rate increased to 5.57% according to Bank Rate.com.

Boston

Average Sales Price
July 2022 – $1370990.12
August 2022 – $1361418.12
decreased by 1%

Average Days On Market
July 2022 – 38
August 2022 – 39
increased by 3%

Average Sale Price Per Square Foot
July 2022 – $1091.41
August 2022 – $1073.93
decreased by 2%

Sale to List Price Ratio
July 2022 – 99.76%
August 2022 – 97.75%
decreased by 2%

Number of Sold Listings
July 2022 – 180
August 2022 – 130
decreased by 28%

Months Supply of Inventory
July 2022 – 3.63
August 2022 – 2.93
decreased by 19%

Mortgage Rate
July 2022 – 5.92%
August 2022 – 5.57%
6% increased

Top 10 Sales

  1. $6100000 128 Beacon Street #K Boston, MA
  2. $5700000 10 West Cedar Street Boston, MA
  3. $5700000 135 Commonwealth Ave #PH7/8 Boston, MA
  4. $4495000 135 Seaport Boulevard #PH1D Boston, MA
  5. $3915000 2 Battery Wharf #2310 Boston, MA
  6. $3900000 71 Mount Vernon Street #3/5/2022 Boston, MA
  7. $3600000 88 Chestnut Street Boston, MA
  8. $3490000 1 Charles Street South #PH-102 Boston, MA
  9. $3000000 26 Lawrence Street Boston, MA
  10. $2900000 94 Beacon St #2 Boston, MA

GRAB OUR FREE COURSES
➡ 6 Steps To Home Buyer Success – http://griffinbuyercourse.com
➡ 7 Steps To Home Seller Plan – http://griffinsellercourse.com
➡ 8 Steps To Agent Success – http://griffinagentcourse.com

Free Loan Approval
Free Buyer Plan
Free Seller Plan
Free Agent Plan