Quick Real Estate market analysis: Lynn, Boston & Peabody

Quick Real Estate market analysis: Lynn, Boston & Peabody

This was the basis of one of our discussions at the 3/29/16 main meeting at WorldDepot.net

Is this lack of Inventory pushing prices up? Let me know what you think [email protected]

Lynn – Q4 – 2015
Single Family Listings: 167    Avg. Liv.Area SqFt: 1,421.07    Avg. List$: $270,042    Avg. List$/SqFt: $198    Avg. DOM: 62.28    Avg. DTO: 30.78  Avg. Sale$: $266,411   Avg. Sale$/SqFt: $195

 

Lynn – Q1 – 2016
Single Family Listings: 95    Avg. Liv.Area SqFt: 1,501.71    Avg. List$: $275,844 *    Avg. List$/SqFt: $194    Avg. DOM: 80.01    Avg. DTO: 41.47
* Auction listings are not included in this total  Avg. Sale$: $269,391   Avg. Sale$/SqFt: $190
Lynn current
Single Family Listings: 47    Avg. Liv.Area SqFt: 1,637.00    Avg. List$: $308,102 *    Avg. List$/SqFt: $198    Avg. DOM: 87.51    Avg. DTO:

 

Boston – Q4 – 2015

Single Family Listings: 254    Avg. Liv.Area SqFt: 1,950.33    Avg. List$: $738,301    Avg. List$/SqFt: $342    Avg. DOM: 50.56    Avg. DTO: 27.35  Avg. Sale$: $726,287   Avg. Sale$/SqFt: $340

Boston – Q1 – 2016
Single Family Listings: 150    Avg. Liv.Area SqFt: 1,938.75    Avg. List$: $729,337 *    Avg. List$/SqFt: $351    Avg. DOM: 74.17    Avg. DTO: 44.31
* Auction listings are not included in this total  Avg. Sale$: $704,012   Avg. Sale$/SqFt: $342


Boston current
Single Family Listings:
114    Avg. Liv.Area SqFt: 2,606.35    Avg. List$: $1,585,679    Avg. List$/SqFt: $487    Avg. DOM: 76.34    Avg. DTO:

 

Peabody – Q4 – 2015 – 01960
Single Family Listings: 121    Avg. Liv.Area SqFt: 1,753.94    Avg. List$: $381,326 *    Avg. List$/SqFt: $228    Avg. DOM: 61.39    Avg. DTO: 29.79
* Auction listings are not included in this total  Avg. Sale$: $378,952   Avg. Sale$/SqFt: $228

Peabody Q1 – 2016 – 01960
Single Family Listings: 53    Avg. Liv.Area SqFt: 1,686.19    Avg. List$: $365,605    Avg. List$/SqFt: $225    Avg. DOM: 87.55    Avg. DTO: 43.85   Avg. Sale$: $360,244   Avg. Sale$/SqFt: $222

Current 01960
Single Family Listings: 20    Avg. Liv.Area SqFt: 1,955.45    Avg. List$: $428,347    Avg. List$/SqFt: $228    Avg. DOM: 68.30    Avg. DTO:

 

Mike Hurney
 

Mike Hurney is the Founder and Director of MassRealEstate.net, an Association of Contractors, Investors and Landlords. He is the Author and Coach of the popular Course "How to Become a Real Estate Investor in 12 Simple Lessons" which Trains and Guides Beginners or Sharpens and Challenges the Skill of Advanced Investors. Mike is a Successful Real Estate Investor, Rehabber and Landlord. He's also a licensed Real Estate Broker and Construction Supervisor. MassRealEstate.net PO Box 307, Marblehead, MA 01945 Office 781-405-1845 [email protected]

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