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May 2015 Local Market Update - Boston, MA

Between May 2014 and May 2015 for Boston, MA, the number of sales closed on single-family homes decreased by 30.6%, while the average sales price increased by 0.3% in the area. The number of days of the houses on the market decreased by 22.9% and new listings in Boston decreased by 5.8%.

As for condominium properties in the area, the sales decreased by 6.1%, and the average sales price increased by 19.4%. The number of days on the market for condos in Boston decreased by 11.2% and the number of new listings increased by 8%.