Perspective: Greater Boston Real Estate Prices Since 1996

Posted by Michael DiMella on Thu, Jan 27, 2011

The graph below shows a long term view of home sales and prices in the Greater Boston region real estate market (made up of the 54 cities and towns more or less within the Rt. 495 belt west of Boston) since 1996.

As you can see, the number of sales is still off the peak substantially - but for what matters most to home buyers and sellers, prices began to rebound off the bottom in 2010.  In fact, single family prices in 2010 were off their peak (in 2005) by only 7%, and condos were off their peak (in 2007) by less than 2%. 

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Tags: Boston real estate, housing market, home values

Attend our upcoming Boston First Time Home Buyer Class for free

Posted by Tara Peterson on Thu, Jan 06, 2011

FEBRUARY 1, 2011 UPDATE: Due to popular demand (aka...selling out our first two sessions in January!) we're adding several more home buyer classes to our schedule.  Please visit this page for the updated schedule.

 

We're hosting our first Boston Home Buyer class of 2011 on Tuesday, January 18th at 6:00pm (and due to demand, we just added our second class of the year on January 25 at 6pm).  If you are thinking of buying a new home in Boston in the near future, there's no better place to learn the process than at our free, informal home buyer class. 

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Tags: Condos, charlesgate realty, Boston condos, charlesgate realty group, Boston, housing market, home values

2000-2009 Boston Condo Market Report Now Available

Posted by Michael DiMella on Thu, Feb 11, 2010

Channeling my inner Jonathan Miller (the writer of a highly regarded New York market report), I finally completed my 2000-2009 Boston condo market report.  This report is something I am really proud of, and took quite a bit of effort to put together.  Containing nearly 100 pages of sales data in easy to digest graphical format, this is a report not to be missed even if you have only a passing interest in the Boston real estate market.  That's my hint that you ought to download it!

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Tags: Boston real estate, Boston condos, home values

Boston Real Estate Market continues recent upswing

Posted by Michael DiMella on Mon, Nov 30, 2009

With October sales data just released, we are continuing to see clear signs of the Greater Boston real estate market (and national market) improving.  Let's jump right in to the stats:

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Tags: Boston real estate, Boston condos, Greater Boston, home values

Boston real estate and condo market mid-year report

Posted by Michael DiMella on Thu, Jul 02, 2009

Hard to believe we are mid-way through the 2009 given the horrible weather we've had in Boston lately, but the calendar says July, so here we are.  Time for my mid year 2009 Boston real estate market report.  Unfortunately given the approximately 463 straight days of clouds and rain, I was caught off guard and unaware that it is summer, so the report isn't ready yet (but it will be soon).  In the meantime, here is a quick look at the summary stats for the core Boston condo market:

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Tags: Condos, Boston, housing market, home values

Boston real estate market versus the U.S.

Posted by Michael DiMella on Fri, Nov 28, 2008

Ok...so we're holding up pretty well in Boston (comparatively speaking).

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Tags: housing market, home values

How realistic are Zillow appraisals?

Posted by Michael DiMella on Mon, Aug 04, 2008

 Can't figure out how much your home is worth in this market?  Pulling your hair out?  There certainly are lots of resources to help IF you know how to use them...

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Tags: home values, appraisal