"In October, home prices fell slightly from the month before, with a median listing price of $899,900. The number of listings on the market grew 3.3% from last month, which is a smaller increase than normal for this time of the year in Boston, and homes are also selling close to the same pace as the same time last year."
"In October, there were 1,460 homes for sale in Boston, which was 3.3% more than the month before and 14.5% more than the same time last year. Meanwhile, active inventory across the nation remained practically unchanged from last month to 1,100,001. The number of new listings in Boston was 526, which was 40.0% less than the month before and 8.2% more than the same time last year."
Median listing price in Boston was $899,900 in October, representing a slight month-over-month decline. Price per square foot in Boston decreased 2.3% from the previous month, compared with a 0.8% national decrease. Inventory totaled 1,460 homes for sale, up 3.3% from the prior month and 14.5% year-over-year. New listings numbered 526, down 40.0% from the month before and up 8.2% year-over-year. National active inventory remained essentially unchanged at 1,100,001. Homes in Boston averaged 39 days on market, eight days fewer than the previous month and equal to last year, versus 63 days nationally.
Read at SFGATE
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