median sales price

Why the Median Home Price Is Meaningless in Today's Market

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The National Association of Realtors (NAR) will release its latest Existing Home Sales (EHS) report later this week. This monthly report provides information on the sales volume and price trend for previously owned homes.

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Wellesley Market Update: First Quarter 2016

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The Greater Boston Association of Realtors has released the local market updates for the first quarter of 2016 and aside from some high condominium pricing; the real estate market in Wellesley is not looking too bad!?
While prices saw a small increase of 6 percent over last year, that did not affect sales negatively.

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Local Market Update for Back Bay, Boston, MA

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Between January 2014 and January 2015, closings of single-family properties in Back Bay, a neighborhood in Boston haven't changed a bit. With a single sale in both months, there was neither an increase or a decrease. That being said, the average sales price of the property sold increased by 54.5%. Unfortunately, the amount of time on the [...]