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Market Conditions in West Roxbury : Real Estate Advice

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Activity 1
Wed Aug 1, 2007
George Politis answered:
Hi Michelle,
some add'l info that may be helpful:
yes, the avg dom for ACTIVE sf properties is 131, though since these haven't sold yet, this number will continue to change as homes come on and off on a regular basis. what you also may want to know is:

1. avg dom for the 33 homes that are currently under agreement -- 63 days (the dom count stops when a home goes under agmt); however, it's also interesting to note that 2 of those 33 had extremely high dom's of over 1 year, and if those 2 are removed, you're left with 31 homes with a dom of only 40!
2. avg dom for all recently sold properties -- in the last 6 months, for ex., 140 homes sold with dom of 98.

There's no shortage of available stats out there, and to make good conclusions you often have to dig a little deeper ... good luck!

George Politis -- REALTOR, ABR, MBA
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