Boston Real Estate Market Update for June 2023

π‘π Boston Real Estate Market Update for June 2023 ππ‘
π Michael Mahoney, REALTOR®
π’ Real Broker, MA LLC
π
Date: June 2023
π Boston, Massachusetts
π Here is the latest....
As your trusted REALTOR®, I want to keep you informed about the latest market trends in Boston. Here's what you need to know:
π Months Supply of Inventory: Currently, there are 4.28 months of supply in the market. Over the past 12 months, the Months Supply of Inventory has decreased by an impressive -29.95%. This suggests a competitive market with limited inventory.
π² List to Sold Price Percentage: Sellers, rejoice! The List to Sold Price percentage stands at an impressive 99.1%. This indicates that homes are selling close to their listing price, providing confidence in the market's stability.
β° Median Days on Market: Homes are moving quickly in Boston! The median days on market is just 26 days. This means that well-priced properties are attracting buyers and getting sold faster, benefiting both buyers and sellers alike.
π° Median Sold Price: The median sold price in Boston is currently $910,000. This figure reflects the average price at which properties are being sold in our vibrant city.
ποΈ Whether you're looking to buy or sell, these market trends can help inform your decisions. As your dedicated REALTOR®, I'm here to guide you through the ever-changing real estate landscape in Boston.
π Ready to make a move? Reach out to me today and let's discuss how to navigate the market successfully. Together, we can achieve your real estate goals!
#MarketUpdate #BostonRealEstate #MarketTrends #MichaelMahoneyRealtor #YourTrustedAdvisor

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