Quincy, MA

The current absorption rate of the real estate market in Quincy, MA for single family homes is 31.8.

This figures means that it would take approximately 32 weeks, or close to 9 months, to sell all of the inventory that is currently on the market at the rate of sale that is currently occuring.

This figure means that it is currently a buyers market.

Here is a breakdown of what you can expect with certain absorption rates:

• 1-4 months – Sellers Market. More buyers than sellers, with properties often selling quickly for more than asking price.

• 5-6 months – Normal Market. Similar number of both buyers and sellers. Properties sell for, or close to asking price.

• 7+ months - Buyers Market. More sellers than buyers, with homes taking longer to sell, and often selling for much less than asking price, if at all.

What does this mean for homeowners who want to sell their home in this market?

It means that sellers have to list their home with an agent who is going to agressively market their property.

It means that sellers have to price their home agressively to get it to sell.

It means that sellers have to make their home easy to show.

It means that sellers have to adequately prepare their home before it starts being shown. This means decluttering, cleaning, possibly staging and making minor repairs.

If you are a seller and you want to sell you home, do not be discouraged. Homes are being sold, you just have to make sure that you do it right. To start, you should list with the right agent.

If you would like to sell your home, please give me a call on 781 929 3683.

Here is an analysis of the activty of the real estate market in Quincy MA for January 2012. This report is regarding single family homes.

In January of 2012, there were 140 single family homes for sale in Quincy,MA.

23 homes went under agreement.

19 single family homes closed in Quincy in January 2012

The average listing price of these homes was $330,316. The average price per square feet that these homes were listed at was $195.

The average sales price of these homes was $308,579. The average price per square foot that these homes sold for was $182.

That means that the average single family home sold for 93.4% of it's list price.

The average days on the market for these home that sold was 127.74

In January of 2012, 4 new single family homes were placed on the market for sale.

7 homes that were listed for sale expired in January of 2012. The average price per square foot of the listings that expired was $248 and the average number of days that these homes were on the market was 172.43.

If you are thinking about buying or selling a home in Quincy please give me a call on 781 929 3683.

Check out homes that are available for sale in Quincy on my website: Quincy Real Estate

If you are thinking about selling your home in Quincy, MA, please allow me to provide you with a free real estate market analysis.

This market analysis will allow you to determine the value of your home in the current market. It allows you to price your home competitively to make sure that it gets sold.

All you have to do is give me some basic information about your home and I will pull up a list of properties, comparable to your, that are currently on the market, have recently sold and have recently expired. The next step is to analyse all of this data and determine the price that your home will likely sell for if placed on the market. I will then also provide you with additional information such as the average time a property is on the market before it sells and so on.

If you would like your Free Real Estate Market Analysis please give me a call on 781 929 3683

I look forward to hearing from you!

Quincy Real Estate

As a parent, I know that one of the most important factors that parents take into account when deciding where to move to, is the quality of the schools in the neighborhood.

Here is some information about the public schools in Quincy, MA.

Quincy has 11 Public Elementary Schools, with an average student to teacher ratio of 20:1.

Here they are in no particular order:

1. Merrymount: 4 Agawam Rd, Quincy, MA 02169, (617) 984-8762

2. Beechwood Knoll: 225 Fenno Street, Quincy, MA 02170, (617) 984-8781

3. Atherton Hough:1084 Sea Street, Quincy, MA 02169, (617) 984-8797

4. Wollaston: 205 Beale Street, Quincy, MA 02170, (617) 984-8791

5. Charles A. Bernazzani:701 Furnace Brook, Quincy, MA 02169, (617) 984-8713

6. Montclair: 8 Belmont Street, Quincy, MA 02171, (617) 984-8708

7. Clifford H. Marshall: 200 Moody St Ext, Quincy, MA 02169, (617) 984-8721

8. Francis W. Parker: 148 Billings Rd, Quincy, MA 02171, (617) 984-8710

9. Snug Harbor: 333 Palmer Street, Quincy, MA 02169, (617) 984-8763

10. Squantum: 50 Huckins Avenue, Quincy, MA 02171, (617) 984-8706

11. Lincoln Hancock: 300 Granite Street, Quincy, MA 02169, (617) 984-8715

Quincy has 5 Public Middles Schools with an average student to teacher ratio of 25:1.

Here they are:

1. Central Middle School: 1012 Hancock Street, Quincy, MA 02169, (617) 984-8725

2. Atlantic Middle School: 86 Hollis Avenue, Quincy, MA 02171, (617) 984-8727

3. Broad Meadows Middle School: 50 Calvin Rd, Quincy, MA 02169, (617) 984-8723

4. Point Webster Middle School: 60 Lancaster Street, Quincy, MA 02169, (617) 984-6600

5. Reay E. Sterling Middle School: 444 Granite Street, Quincy, MA 02169, (617) 984-8729

Quincy has 2 Public High Schools with an average student to teacher ratio 25:1

Here they are:

1. North Quincy High School: 316 Hancock Street, Quincy, MA 02171, (617) 984-8744

2. Quincy High School: 52 Coddington Street, Quincy, MA 02169, (617) 984-8751

If you would like to learn more about the MCAS scores of these schools you can get all of the data HERE.

Also HERE is a QPS Street directory.

Here is the QPS website: www.quincypublicschools.com

If you are thinking about moving to Quincy please give me a call on 781 929 3683 or check out my website:

Quincy Real Estate

With all the doom and gloom that we hear in the media about unemployment rates, people are sitting tight with the jobs that they have whether they like them or not. Well I recently read an article from ManPower and they saying that the employment outlook in Quincy, Boston and Cambridge is looking up!

If you are looking for a job, maybe it is time to consider looking in one of these areas!

Here is the article that I read:

"December 13, 2011 – Boston-Cambridge-Quincy, MA-NH MSA employers expect to hire at a strong pace during Quarter 1 2012, according to the Manpower Employment Outlook Survey. Among survey participants, the Boston-Cambridge-Quincy, MA-NH MSA employment outlook is the fifth best in the nation.

From January to March, 17% of the companies interviewed plan to hire more employees, while 6% expect to reduce staff. Another 68% expect to maintain their current workforce levels and 9% are not certain of their hiring plans. This yields a Net Employment Outlook* of 11%.

“Hiring activity is expected to slightly increase during the first quarter of 2012 compared to Quarter 4 2011 when the Net Employment Outlook was 9%,” said Manpower spokesperson Susan Fontana. “Employers also expect slightly improved employment prospects compared with one year ago when the Net Employment Outlook was 9%.”

Summary of Results for Boston-Cambridge-Quincy, MA-NH MSA

	Increase Staff Levels	Decrease Staff Levels	Maintain Staff Levels	Don’t Know	Net Employment Outlook
Q1 2012 (current)	17%	6%	68%	9%	11%
Q4 2011 (previous quarter)	17%	8%	70%	5%	9%
Q1 2011 (one year ago)	15%	6%	77%	2%	9%

*The Net Employment Outlook is derived by taking the percentage of employers anticipating an increase in hiring activity and subtracting from this the percentage of employers expecting a decrease in hiring activity.

For the coming quarter, job prospects appear best in Manufacturing-Durable, Manufacturing-NonDurable, Transportation & Utilities, Wholesale/Retail Trade, Information, Financial Activities, Education & Health Services, Leisure & Hospitality, Other Services and Government. Employers in Professional & Business Services plan to reduce staffing levels, while hiring in Construction is expected to remain unchanged."

Here is the link to the article:

http://press.manpower.com/reports/2011/boston-cambridge-quincy-ma-nh-msa-job-market-expected-to-be-among-strongest-in-nation-3/

If you are thinking about buying or selling real estate in Quincy, MA, please give me a call on 781 929 3683 and feel free to check out my website: Quincy Real Estate