As we head into the heart of open house season, both the Boston condo market and the Massachusetts single-family market are showing signs of renewed momentum, but with a few key shifts, sellers and buyers need to keep an eye out for.
Boston Condos: Inventory is up nearly 40% year-over-year, giving buyers more options, but sellers aren’t backing down. The average sale price is up over 5%, even as the price per square foot has dipped slightly. It’s a reminder that well-presented, properly priced properties are still commanding strong interest.
Massachusetts Single-Family Homes: Statewide, the average sale price jumped nearly 6%, while homes are still moving quickly, with just 30 days to offer on average. Inventory has grown by over 30%, which means sellers have more competition, and presentation matters more than ever.
So, how do you make your listing pop in a more crowded summer market? It starts with the open house.
This month’s feature post — “Open House Season is Here: How to Make Yours Stand Out” — covers exactly that. From curb appeal to marketing strategy, we’re breaking down what today’s buyers respond to — and how sellers can create that “this is the one” moment.
Let’s make the most of the season.
Nick Warren
CEO, Berkshire Hathaway HomeServices Warren Residential