We understand that the real estate market hasn't been the easiest over the past five or so years, and we've written plenty of posts recently about how the market is bouncing back, but we thought it would be best to compare Boston real estate sales with those in other markets. Movoto.com has proved to be a great tool that allows us to plug in any city and compare real estate markets right on a graph. Below are a few graphs representing cities across the country and their median sale price points in comparison to Boston's.
Median Sales Price Comparison
As these graphs clearly demonstrate, the Boston real estate market is strides ahead of these major cities. Very few cities are seeing higher sales numbers than Boston (San Francisco and Washington D.C. are really the only two major markets with slightly higher sales prices than Boston). We all know there are plenty of reasons to love this city, but what makes it even greater is the opportunity to invest. Sales prices are still climbing right now, and this is the time to buy. Home values are expected to continue rising, and within a couple of years you can see a real profit. It's a quick turnaround and buying a home can be a painless process for you.