The Dorchester Reporter interviews several neighborhood real estate agents to hear what they have to say about the local real estate market.
“I think that people are getting the feeling now is an excellent time to get in and buy,” says the owner of Just In Boston, Justin Green … “From our experience, it is increasing enormously—the amount of people coming out of the woodwork either to buy or sell,” says Green.“We are finding the things we are putting on are receiving a tremendous amount of activity,” he added. “People are looking, and people are definitely buying.”
In addition to apocryphal stories of busy open houses and multiple bids on properties, the facts are that the market has improved considerably since last year.
In January, The Warren Group reports that sales of single-family homes in Dorchester increased from 8 to 14, with the median price rising above the figure for January 2009 by 16 percent.
For condos, the increase in sales was almost 46 percent, with the median price falling by less than 3 percent.
For more information on the Dorchester real estate market, including a detailed analysis of four sub-sections of the neighborhood, download the InSight Report on the Justin Boston real estate website.
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