The most frequent question we get is what's happening in the real estate market. Below is an update of the market.
We have added a new program here at Classic Realty which will supply you with personalized detailed report of your neighborhood's real estate trends.
These reports provide a true pulse of the local market.
Please sign up for the free report which is specific to your Neighborhood by clicking on the link below.
Here are some of the trends we have observed.
Residential is strong with limited inventory. Three week ago we listed a new listing and had 28 people attend the first open house and received 2 offers. Two weeks ago we listed a new listing and had 40 people attend the first open house and again received 2 offers on the property. We had a buyer client sign a purchase & sale on a new listing within 5 days of the offer being accepted. Last week another was one of SEVEN offers on a condo in Brookline village. Priced correctly property moves.
Commercial continues to experience strong demand for retail space in Brookline. Classic Realty is proud to welcome Hops & Scotch to 1306 Beacon Street (the former the former Finale location) , Koko Fitclub to 39 Harvard Street (former heads up Salon) and Green Bistro to 202 Washington Street (former Davio's location) in Brookline Village.
Multifamily as always remains strong. Brookline apartment buildings are selling for over $300,000 per unit. Classic Realty sold a 3 family this past year after the seller accepted one of multiple offers. We will have another coming to market soon (Send us an email if you want to be notified before it hits the market).
Looking to buy or sell, rent or lease Classic Realty is able to help you make it happen. If you are interested in what's happening in the real estate market please sign up by clicking the link "What's happening in real estate market?". You will receive an email report just with current market trends once a month.
Thanks for taking the time to read our email.
Jerry & Holly Kampler