1577 Beacon Street
Brookline, MA 02446
inquiry@bostontownproperties.com
617.820.1113 (O)
617.505.1780 (F)
Boston Town Properties
BOSTON TOWN PROPERTIES specializes in buyer's representation, sales, relocations, and residential leasing in Brookline, Newton, and Boston proper. Our clients entrust us with their home searches and property portfolios, in turn we treat this as a fiduciary responsibility.
With years of experience in these areas, we have extensive knowledge of neighborhoods and properties street by street. We enjoy the aesthetic quality of real estate and are attuned to architectural and landscaping significance as well as community identities and municipal amenities. We welcome the opportunity to work with you.
Please inquire about our relocation service. Recently, we have worked with individuals from Japan, Brazil, Chicago, Saudi Arabia, California, New York, Ireland, Germany, Canada, and many other geographies. Our relocation service is tailored to the needs of professionals and families.
Boston Town Properties - Market Update
In this section of the website, we will be providing current analyses of a range of trends in the Greater Boston residential real estate market. Clients will also be able to access archived reports.
We provide these market reports for our broad range of clients: buyers, sellers, renters, property developers. We offer tailored market analysis and segment review for each of these clients. For each client's benefit, we limit our public market commentary to high-level trend/cycle/shift analyses, reserving for private client discussion the segment insight and dynamic inventory analyses that drives proprietary advantage. These consist of in-house statistics and observations not available from third-party vendors or major brokerages. This edge derives from our customized methodoogies based in economic, consumer, and demographic research, informed as well by architectural and interior design fundamentals and trends.
Several ongoing trends that we wish to highlight:
- A shift in rental inventory in Brookline is observable. Having been sharply diminished, inventory has been rebuilding quite steadily since New Year's, across price points and product.
- There remains some surplus inventory in Boston proper and Chestnut Hill; Newton inventory levels remain moderate.
- Renters are selectively shifting away from price inflated segments; tell-tale sign of renter substitution
- Professional relocation to Boston proper is relatively vibrant.
- Developers are focusing on high-end properties; with developer inattention to middle-market properties
- Short supply of affordable single-family homes in premiere suburbs persists, with less and less seasonality of demand
- New supply build out is both lagging demand and not widespread, spatially and product-wise
- Undersupply is likely to persist in certain segments long term, with developers often misattuned to core demographic needs, from town to town, neighborhood to neighborhood
