The City of Boston's most recent Real Estate Market Report is in from August 2023! We're excited to share this information with you. We will share a few highlights, as well as the link to the whole report, below. If you have any questions, or want to know how your home stacks up in today's market, we'd love to chat - contact us today!
Highlights from the Boston Real Estate Market Report, August 2023
The average Sold price has increased by a substantial 17% compared to August of last year, from $947K to $1.1mm.
The number of listings sold is down by over 20% compared to August of last year, indicating a lower inventory which is a major contributing factor towards the continual rise in prices.
Homes are selling at 100% of list price, on average.
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