Home Sales in Greater Boston Continue to Break Sales Price Record

Boston, Massachusetts--(Newsfile Corp. - May 9, 2022) - Home sales in Boston's suburban markets continued to break sales price records in the first quarter of 2022, with newly built homes selling faster than at any time in the last five years despite zooming construction costs, according to the Advisors Living's Quarterly Market Report, issued today.

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Key Takeaways:

• The report found that the number for sale at the end of March was down nearly 30 percent from the same time last year.
• The number of condo sales decreased, due to a 15 percent drop in the number of those properties for sale compared to the period last year.

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ABOUT ADVISORS LIVING AND BOSTON REALTY ADVISORS

Advisors Living is a residential real estate platform associated with Boston Realty Advisors. BRA is a full-service commercial real estate brokerage and consulting firm with an integrated team of highly experienced and entrepreneurial professionals, with capabilities including tenant and landlord representation, investment sales, and property consulting as well as financing activities. Boston Realty Advisors is the largest Boston-based independent commercial real estate and consulting firm. For more information, please go to www.advisorsliving.com and www.bradvisors.com.

Contacts:

Tom Palmer
617.755.7250
tompalmer@rcn.com

Source: Advisors Living

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/123228