Boston, MA Area Market Review

2017 vs. 2016 As of June 21, 2017

Prepared by Jose Maldonado on Wednesday, June 21, 2017

Multi Family
Listing Inventory on June 21 2016 2017 Var. Var. % Trend
Listing Units 118 82 -36 -30.51%
Average Days on Market 58 51 -7 -12.07%
Average List Price $1,837,301.81 $2,237,026.79 $399,724.98 21.76%
Average List $ / SqFt $337.68 $385.85 $48.17 14.26%
Approximate Absorption Rate 55.72% 75.10% 19.38% 34.78%
Approximate Months Supply of Inventory 1.79 1.33 -0.46 -25.70%
Listed (Year to Date) 2016 2017 Var. Var. % Trend
Listing Units (Taken) 527 495 -32 -6.07%
Average Original List Price $1,161,938.17 $2,833,843.21 $1,671,905.04 143.89%
Average Original List $ / SqFt $286.65 $1,002.01 $715.36 249.56%
Went Pending (Year to Date) 2016 2017 Var. Var. % Trend
Listing Units (Went Pending) 451 428 -23 -5.10%
Average List Price $877,065.94 $1,087,875.44 $210,809.50 24.04%
Average List $ / SqFt $251.43 $291.62 $40.19 15.98%
Average Days to Offer 42 25 -17 -40.48%
Listed & Price Changed (Year to Date) 2016 2017 Var. Var. % Trend
Listing Units (Price Changed) 95 72 -23 -24.21%
Average Original List Price $1,250,755.49 $12,095,373.50 $10,844,618.01 867.05%
Average Original List $ / SqFt $346.25 $5,032.59 $4,686.34 1,353.46%

Sold (Year to Date) 2016 2017 Var. Var. % Trend

Closed Units (Sold) 314 300 -14 -4.46%
Average Days on Market 69 43 -26 -37.68%
Average Days to Offer 39 31 -8 -20.51%
Average Sale Price $786,909.06 $1,029,259.04 $242,349.98 30.80%
Average Sale $ / SqFt $240.27 $274.09 $33.82 14.08%
Average List Price $804,633.89 $1,042,742.62 $238,108.73 29.59%
Average List $ / SqFt $244.65 $277.16 $32.51 13.29%
Average Original List Price $811,485.79 $1,001,829.63 $190,343.84 23.46%
Average Original List $ / SqFt $246.05 $279.04 $32.99 13.41%
Average Sale Price as % of List Price 98.80% 100.02% 1.22% 1.23%
Average Sale Price as % of Original List Price 98.46% 5,066,765.35% 5066666.89% 5,145,913.97%
Average Sale Price as % of Assessed Price N/A N/A N/A N/A
Sold Units - Short Sale 7 3 -4 -57.14%
Sold Units - Lender-Owned 11 14 3 27.27%

12-Month Activity as of June 21 2016 2017 Var. Var. % Trend

Units Listed 1149 1040 -109 -9.49%
Units Price Changed 268 205 -63 -23.51%
Units Went Pending 954 891 -63 -6.60%
Units Sold 789 739 -50 -6.34%

This information gathered from third parties, including seller and public records. MLS PIN and subscribers disclaim all representations/warranties as to its
accuracy. Content 2017 MLS Property Information Network, Inc.
Boston, MA Area Market Review
2017 vs. 2016 As of June 21, 2017
Prepared by Jose Maldonado on Wednesday, June 21, 2017

Multi Family

This information gathered from third parties, including seller and public records. MLS PIN and subscribers disclaim all representations/warranties as to its
accuracy. Content 2017 MLS Property Information Network, Inc.