If you’d like an easier way to track the income and expenses from your rental properties, I have a partnership with TRex Global and can offer you their property management software for free.

Beautiful kitchen has lots of cabinets & island with breakfast bar. Open floor plan great for entertaining. MBR suite has private bath & extra closets so there’s plenty of space for your clothes. 2nd full bath means no waiting in line to take a shower. Need more space? Additional 600 square feet in basement with finished walls & ceilings. Hardwood floors in most of the condo. Central Air, Pet Friendly, Private Yard & 1 Car Garage.

Lovely blend of old fashion charm and modern conveniences. Beautiful kitchen has Thomasville cabinets, stainless steel appliances & granite counters. Enjoy your morning coffee at the breakfast bar. Graceful archway from LR into DR. Bow windows in both rooms let the sun in. Updated Bath. Keep your cool in summer with central air. 2 parking spaces (1 in garage). Basement storage, newer roof & condo reserves. Close to Tufts, Whole Foods, the Hillside and the upcoming Green Line Medford T Station. See the floor plan and full info on this condo for sale near Tufts.

Somerville Housing Stats February 2010

These numbers wouldn’t be complete without looking at the average days on the market that it takes for a property to sell.

Average Days On Market
Single Family Homes – 70 Days
Condos – 89 Days
Multi Family Homes – 76 Days

Let’s compare this with last April, right in the middle of the spring market to show you how much healthier the market is right now:

Somerville Housing Stats April 2009

One of the first thing that jumps out at you is that more than double the number of condos have sold in Somerville during the last 6 months than in the 6 months leading up April ‘09. The Somerville condo market has gone from a buyer’s market to a solid equilibrium. There hasn’t been any major change in the single family market in the city, but the average sales price for multi family homes has increased by $23,000.

Want to do some more digging in the Somerville real estate market numbers: Here are the housing stats from August 2009 and the Somerville housing market as of January 2009. Check out more community info about Somerville, too.

I sometimes blog about technology issues for real estate agents. A few weeks ago I blogged about ways to back up your smart phone. Two days later an agent contacted me. She had read the blog post and thought it was a good idea but hadn’t gotten around to it yet. That morning she got the black screen of death on her smartphone. If only she had backed it up when she read the article.

Making a household inventory is a smart idea, so set aside some time, grab your digital camera and this free software and get it done!

Tired of cookie-cutter houses? Character abounds in this well-maintained distinctive home. Spend cozy nights at home in front of your fireplace. DR with period moulding and built in china cabinet. Built-ins under the hall windows. Front to back LR & MBR. Great seasonal views of Boston. Hardwood floors throughout. Economical gas heat. Pella replacement windows. Covered porch and lovely yard extend your living area in warm weather. On a quiet side street less than a mile from the Commuter Rail.

Visit www.78Chandler.com for full information on this Medford house for sale.

Here’s the latest scoop on the Medford real estate market.

Medford Real Estate Statistics as of December 2009

Let’s compare this to just about one year ago as the new year began.

Medford Real Estate Statistics as of January 2009

As you can see, prices throughout the city continued to fall during 2009. Sales of both single family and multi family homes remained pretty steady. Not only are there less condos for sale than there were last year, a much larger percentage of condos have been selling. Putting these two facts together shows a stronger condo market than we had last year. We’re also seeing what we’d expect, a corresponding drop in the number of months of inventory currently for sale (absorption rate).

Stoneham Home Statistics As of December 2009

To get the full picture, you’ll also want to know how long it’s taking properties to sell. Single family homes in Stoneham are selling in an average of 80 days. Condos are taking an average of 171 days while the few multi family homes in the city have been selling in an average of 48 days.

Let’s compare this to what was happening in the Stoneham real estate market exactly a year ago:

Stoneham Home Statistics as of December 2008

What you’ll notice immediately is there are significantly less properties for sale this December than at the same time last year. However, many more properties have sold in the prior 6 months and more homes are currently under agreement. This is countered by the fact that home prices in all categories except multi family homes has continued to slide.

Curious to compare this to the real estate market last spring?

What will 2010 bring? Stay tuned as we find out!

Welcome home to this young Garrison Colonial built in 1996 (so there’s no lead paint). You’ll enjoy 3 bedrooms and 1.5 baths. The first floor has an open floor plan great for entertaining. The lot is thoughtfully set up with 2 car wide parking, a garden area, patio, small lawn and ample shed for storage. You’ll love the convenient location – around the corner from great restaurants on Highland Ave and only 0.6 miles to Malden Center T Station so you can leave you car at home & commute to work.

Visit www.3MaldenStreetPark.com for full information.

These numbers only tell you part of the story. You also need to look at how long properties have been on the market. According to MLSPin, here are the average Days On Market for Winchester Homes:

Single family homes: 107
Condos: 112
Multi family homes: 61

Want to take a look back in time? Here’s what was happening in the Winchester real estate market in March.