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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 Q2 2023 versus Q2 2022:
Boston
Average Sales Price
Q2 2022 – $1409822.53
Q2 2023 – $1587446.14
increased by 13%
Average Days On Market
Q2 2022 – 27
Q2 2023 – 31
increased by 15%
Average Sale Price Per Square Foot
Q2 2022 – $798.22
Q2 2023 – $810.74
increased by 2%
Median Sales Price
Q2 2022 – $1136000
Q2 2023 – $1250000
increased by 10%
Number of Sold Listings
Q2 2022 – 207
Q2 2023 – 175
decreased by 15%
Months Supply of Inventory
Q2 2022 – 1.66
Q2 2023 – 1.4
decreased by 16%
Mortgage Rate
Q2 2022 – 6.84%
Q2 2023 – 5.85%
17% increased
Top 10 Sales
- $6000008 388 Warren Street Brookline, MA
- $5500000 96 Crafts Rd Brookline, MA
- $5400000 460 Walnut Brookline, MA
- $5250000 51 Holland Rd Brookline, MA
- $4695000 19 Pine Rd Brookline, MA
- $4420000 85 Willard Road Brookline, MA
- $4200000 90 Holland Rd Brookline, MA
- $3650000 123 High Street Brookline, MA
- $3525000 11 Carlton St Brookline, MA
- $3400000 149 Babcock Street #149 Brookline, MA
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