RadioBDC Logo
Seasons (Waiting On You) | Future Islands Listen Live
 
 
< Back to front page Text size +

The South Boston Market Needs Your Home!

Posted by Justin Rollo February 13, 2014 11:38 AM

E-mail this article

Invalid E-mail address
Invalid E-mail address

Sending your article

As I'm sure you know Low Inventory has been the buzzword in the real estate industry for the last year. South Boston is no different and despite a surge of new listings last fall the market cannot keep up with buyer demand. Long story short, South Boston's real estate market needs your home!

The chart below shows the inventory in South Boston over the past 6 years. It is an incredible story of how a neighborhood's market can take off in a very short amount of time and how inventory can dry up. We get new inquiries daily from new buyers in South Boston and unfortunately there is not enough inventory to keep up with these buyers.

SouthBostonInventory.png
Do you not see the chart? Click here to view it

As you can see from the chart we had only 69 listings on February 1st of this year. Compare this to 2009's neighborhood inventory of 223 and you can quickly see how amazing the transformation in South Boston has been. Last year saw the inventory bottom out at 43 listings on market with this year showing a slight bounce back at 69 active listings due to the new developments in the neighborhood.

Even with the slight increase this year the market simply can't keep up with the buyer demand. Developers are continuing to put beautiful new condos on the market, however, there is a severe lack of resale units available.

Have you considered selling your home in South Boston? Now is time to take advantage of the historic prices and seller's market. Click here to get a free consultation and price analysis for your South Boston home from a local agent.

Justin Rollo is a real estate agent in South Boston, MA. The main contributor to Boston Real Estate by the numbers Justin posts a wide variety of information for the blog. Servicing all of the Greater Boston area he helps buyers and sellers with their real estate needs. You can view all properties online on our Website or connect with us on Facebook, Google+, and Youtube.
This blog is not written or edited by Boston.com or the Boston Globe.
The author is solely responsible for the content.

E-mail this article

Invalid E-mail address
Invalid E-mail address

Sending your article

About this blog

Justin Rollo of RE/Max Realty Plus in South Boston provides an analytical and irreverent look at the Boston real estate market. More »
SPONSORED BLOG
About the Authors
Justin Rollo
Real Estate Sales
 
Craig Barber
Financing
 
Lieberman Law Office
Real Estate Law
 

 
View Every Home for Sale in Boston: