Know Your Market: Brighton, Massachusetts Market Statistics

In an effort to be knowledgebale of our current market, I weekly pull the market statistics in Watertown, Belmont, Arlington, Newton, Waltham, Brighton and Allston. Below are the market statistics in Brighton, Massachusetts for Single Families, Condominiums and Multi-Families. I will be posting Brighton, MA market statistics weekly on Wednesdays.

As you can see there has been depreciation year-to-date in all the housing categories, but it is not as bad as the media would have you believe. The sharpest decline has been in multi-familes, which has dropped 6% since 2007. However, the multi-families are still selling at about the same pace as last year which can not be said for single families and condominiums.

Inventory is down in all three housing categories with the largest decline being in single family dwellings. If someone is looking to sell, then now may be the time because competition in down and there are buyers still out there looking.

If you are interested in learning about more Market Statistics or would like to be emailed these statistics on a weekly basis for a particular town, please email me at mark.madden@commonmoves.com

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