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April 2014 - JANET PORCARO

Real Estate Market Indicators Show Spring is Blooming!

Real Estate Market Indicators Show Spring is Blooming!

Real Estate Market Indicators Show Spring is Blooming!

From my perspective, as an active real estate agent,  the spring market is blooming.  Out in the field, things are moving fast. Well priced properties sell within days with multiple offers. Still there continue to be overpriced properties that linger for weeks, months, and more. With all the market indicators that we use to monitor the local market, the news is positive.

In order to illustrate the overall market activity, I pulled summary data for single family and condominium sold for the past two years for 10 locations in the Greater Boston Area. The chart compares a snapshot of the period April 1, 2012 to April 1, 2013 (LAST YEAR)  to the same period April 1, 2013 to April 1, 2014 (THIS YEAR). The values used for the chart are the percentage of list price to sale price.  The data is compelling. In every location, all list to sale price ratios have increased.

The best way I can help sellers and buyers to make confident real estate decisions is to provide useful data relevant to their specific location and property type.  Every analysis I do begins with a look at the city or town’s local market data.  If you would like the detail report for this data, email me at Janet@JanetPorcaro.net.

Greater Boston Area Market Data

Greater Boston Area Market Data

Greater Boston Area Condominium Data

Greater Boston Area Condominium Data

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Spring Equals Newton Open Studios!

Spring Equals Newton Open Studios!

Spring Equals Newton Open Studios!!

Spring Newton Open Studios

Newton Open Studios – Saturday & Sunday, April 11, 12,  11am to 5pm
Newton Open Studios is one of the most loved cultural events in Newton. This year, there will be over 150 artists displaying their work. Over 50 locations all across the city are free and opened to the public.   Since 2002 and each year thereafter, the event has grown to be one of the largest open studio events in the Greater Boston area.
Stop by Keller Williams Market Center at 1151 Walnut Street and say hello. Five artists will be displaying their art and we are totally excited!
Newton Open Studios at Keller Williams NewtonOpenstudios2 NewtonOpenStudios3

Newton Open Studios produces community arts events that bring together the artists and residents of Newton. It is a non-profit, funded by artists registration fees and donations from generous individuals and businesses, and in part by the Massachusetts Cultural Council as administered by the Newton Cultural Council. Newton Open Studios is an affiliate of Newton Community Pride. Spring Newton Open Studios event Welcome to NOS 2014 – our 18th spring Newton Open Studios event.  www.NewtonOpenStudios.org

This is a great shopping opportunity. Stash away some birthday, anniversary, even wedding gifts. These treasure are unique and will be valued in the years to come.