We know that 2016 was a record-breaking year in the Boston Real Estate market, highlighted by the opening of Millennium Tower. Now that the final numbers have been released, however, we can get a much clearer understanding of exactly how the market has changed over the past year.
Some statistics to note: the average selling price for a Boston home increased by 21.5% in 2016 while the average days on market decreased from 44 to 34. If you’re looking to get the highest value for your home, in the shortest amount of time, there has never been a better time to be a seller in the city.
If you are a homeowner curious about the value of your home or someone looking to make a move to the city, the Bushari 2016 Boston Real Estate Year-End Summary will be a valuable resource to you.