September 2016

There are 1 blog entries for September 2016.

I love real estate, and I love analyzing numbers.  I'm not an economist, but more of a self proclaimed "numbers guy".  My goal is to always have my finger on the pulse of the real estate market.  I'm constantly looking at inventory, calculating the average price per square foot for different areas,  average and median prices, and analyzing that data.

Since 2012, the Boston condo market has been on fire.  Buyers are always wondering when multiple offers on properties are going to end, and when inventory will increase.  I decided to analyze Boston condo inventory over the years.   What I found was shocking!  I knew inventory was tight, but I had no idea just how constrained it has become.

As of September 1st, 2016:  508 Condos on the market in Boston.
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