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Market Update for Boston and JP

Eric Wei

Eric is a passionate and genuine individual who strongly believes that building and maintaining relationships is the absolute key to success...

Eric is a passionate and genuine individual who strongly believes that building and maintaining relationships is the absolute key to success...

Apr 13 2 minutes read


It's Still a Seller's Market

Jaime:
Do you want a very quick market update in the greater Boston area, and then specifically in Jamaica Plain as well?

Eric:
Sort of in the Boston area right now, we are sitting on, for single family homes, less than two months of inventory, 1.3 to be exact. Condos have gone up a little bit since last year. We're a little less than three months, but that's still really low, historically low.

Jaime:
Historically low, and in JP it's even lower.

Eric:
Mm-hmm (affirmative).

Jaime:
In Jamaica Plain, for single families, we're looking at less than one month supply of inventory right now, 0.68 to be exact, and condos, we're at 1.3, which is actually a little bit higher than last year, but inventory is still-

Eric:
Still low.

Jaime:
... going very quickly, and it is still low. As a seller, it's still a fantastic time to put your house on the market.

Eric:
Now is a great time to capitalize on that seller's market, so if you or anyone you know is looking to sell, please drop us a line, leave us a comment.

Jaime:
We're full of even more tips than you got today.

Eric:
Until next time...

Group:
... stay tuned, and stay focused.

Considering Buying A Home Or Condo In Jamaica Plain?

Schedule a consultation with Jaime today!

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