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Highest Q3 prices in a decade FALL 2010 Sale Prices Visit us: InRealtyInc.com Call us: 617-265-3500 Dorchester | South End | South Boston | Jamaica Plain | Roslindale | Representing all of Greater Boston Number of Sales in sight Jamaica Plain JP’s only village real estate report JP prices skyrocketed to the highest they have been in any other 3rd quarter in the last 10 years. At the same time, we saw the least number of sales of any 3rd quarter in a decade. Why? Much of the supply was sold before tax-credits expired in June. With less supply, prices went up. More importantly, the lowest interest rates since Eisenhower was President motivated sales in the higher end and pushed up average prices. Pond Street, “Moss Hill”

Jamaica Plain Real Estate Market InSight Report 2010 Q3

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JP isn’t one homogeneous neighborhood – it’s a collection of many unique villages, each with their own distinct feel, and their own sales trends. Our proprietary Intra-market Reporting is different than typical real estate reports. We look inside each market to uncover the nano-trends that escape broader analysis.

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Page 1: Jamaica Plain Real Estate Market InSight Report 2010 Q3

Highest Q3 prices in a decade

FALL 2010

Sale Prices

Visit us: InRealtyInc.com Call us: 617-265-3500

Dorchester | South End | South Boston | Jamaica Plain | Roslindale | Representing all of Greater Boston

Number of Sales

in sight Jamaica PlainJP’s only village real estate report

More For Sellers

- Free in-house staging - Credit card payments - Professional photos- Enhanced online listings

More for Jamaica Plain

More For Buyers

- Cash back at closing- Intra-marketstatistics

- Paperless transactions

- Design consultation

More For Owners

- Online Reporting - Guaranteed postings- Enhanced listings- Award-winning staff- 24-hour on-call service

More For Renters

- Credit cards for deposits & fees

- Sortable listings- More pictures per listing

- More no-fee options

At In Realty, we’ve built our success by offering more services, embracing newtechnology and providing market-leading knowledge and insight. In a marketcrowded with nationally branded sales mills, our local, boutique approach tocustomer service is as unique as JP itself.

Visit us: InRealtyInc.com Call us: 617-265-3500

Dorchester | South End | South Boston | Jamaica Plain | Roslindale | Representing all of Greater Boston

Justin is one of Boston’s leading real estate agents,widely recognized for his use of new technologies andservices to assist his clients.Boston Magazine recentlynamed him one of Boston’sTop Ten “Power Brokers.”

Ed is a well established veteran who specializes inrepresenting the JamaicaPlain and Roslindale markets.With his expertise in theseareas, he determined themicro-markets we would fea-ture and cowrites this report.

Prior to her real estate career, Nadine analyzed rawdata at a Fortune 500 firm touncover and report salestrends. Today, she uses herstatistical skills to create ourIntra-market Reportsthroughout Greater Boston.

Justin Green, Owner/Broker Ed Desilets, JP/Roslindale Manager

More knowledge. Meet the JP Intra-market Reporting team:

Nadine Fallon, Statistical Analyst/Broker

Chris PoulosDirector of Boston Sales

Dave GaviglioSales & Rentals

Jamie IacoiSales & Rentals

Brian LeveroneDirector of PropertyManagement

Mike PanagakoMarketing Director

TJ GalanosRentals

Eric GaudetRentals

JP prices skyrocketed to the highest they havebeen in any other 3rd quarter in the last 10 years.

At the same time, we saw the least number of salesof any 3rd quarter in a decade.

Why?

Much of the supply was sold before tax-credits expired in June. With less supply, prices went up.

More importantly, the lowest interest rates since Eisenhower was President motivated sales in thehigher end and pushed up average prices.

Pond Street, “Moss Hill”

John KinneySales & Rentals

Page 2: Jamaica Plain Real Estate Market InSight Report 2010 Q3

T

T

T

TT

T

28

28

203

“Hyde Square”

T

28

“Egleston

Square”

“Moss

Hill

“Pondside”

“Par

kside

“Forrest Hills”

“Pararar

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Walk Hill St.

American Legion Hwy

Allandale St

Col

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“Bro

oksi

de”

Bussey St

Morton St

Arborway

South St.

Forr

est H

ills

St.

Circuit Dr

Cen

tre S

t

Pond St

Centre

St

Perkins St

S. H

untin

gton

Ave

Heath St

Francis Parkam D

r

Jamaica W

ay

Amor

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Jamaica Hills Pond

JamaicaPond

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Walk Hill St.

Walk Hill St.

“Woodbourne”

T

“Sumner Hill”

Arborway

Arborway

South St. St.

“South St”

One neighborhood, ten villages

JP isn’t one homogeneous neighborhood – it’s a collection of many unique villages, eachwith their own distinct feel, andtheir own sales trends.

Our proprietary Intra-market Reporting is different than typical real estate reports.

We look inside each market to uncover the nano-trends that escape broader analysis.

“Brookside”

“Egleston Square”

“Forrest Hills”

“Hyde Square”

Q3 Average Values by Market

Quarterly snapshot:

Sales: 19 closed

Highest: $650,000

Lowest: $107,000

Average: $384,132

Dorchester | South End | South Boston | Jamaica Plain | Roslindale | Representing all of Greater Boston

Please recycle.

Reporting on sales from July 1st – September 30th

“Moss Hill”

Beautiful hilly area dottedwith side street shops,walking distance to the Tand home to many artists.

Bordering Roxbury andclose to the South End, aneighborhood of diverseshops and some more affordable real estate options.

Winding hillside homesand notable landmarkswith easy access to theForrest Hills T and walkingtrails part of the ForrestHills Cemetery.

Both flat and hilly residential side streetswith all types of homesspill into a vibrant, eclecticneighborhood full of unique restaurants, ethnic markets and a variety of shops.

Secluded and expansive hillside residences, oftenin the multi-million dollarrange, tucked just awayfrom the pond and next tothe Arnold Arboritum.

Quarterly snapshot:

Sales: 4 closed

Highest: $565,000

Lowest: $217,000

Average: $451,750

Quarterly snapshot:

Sales: 6 closed

Highest: $415,000

Lowest: $185,000

Average: $276,645

Quarterly snapshot:

Sales: 17 closed

Highest: $1,050,000

Lowest: $221,500

Average: $422,838

Quarterly snapshot:

Sales: 6 closed

Highest: $1,190,000

Lowest: $474,000

Average: $798,500

“Parkside”

“Pondside”

“South Street”

“Sumner Hill”

“Woodbourne”

Quarterly snapshot:

Sales: 3 closed

Highest: $379,000

Lowest: $226,000

Average: $328,000

Just behind WashingtonStreet, tucked in the hillsabutting the green spaceof Franklin Park, offeringresidents endless trails toroam just outside theirdoors.

On one side, Centre Street.On the other, JP’s water-front on Jamaica Pondcomplete with boathouse.In between, tree-lined sidestreets full of beautifulhomes in a wide range ofvalues.

Central to center streetand well known for its hill-set homes overlookingthe Arnold Arboritum.

A winding hill rich with a diversity of architecturalgems in the middle of JP itself and central to everything it has to offer.

A more suburban settingof mostly single familyhomes and condos forthose that want to get awayfrom it all and still be rightthere.

Quarterly snapshot:

Sales: 18 closed

Highest $1,470,000

Lowest: $193,000

Average: $608,615

Quarterly snapshot:

Sales: 11 closed

Highest: $515,000

Lowest: $239,000

Average: $368,456

Quarterly snapshot:

Sales: 9 closed

Highest: $1,300,000

Lowest: $220,000

Average: $513,322

Quarterly snapshot:

Sales: 9 closed

Highest: $760,000

Lowest: $260,000

Average: $386,828

Visit us: InRealtyInc.comCall us: 617-265-3500

Page 3: Jamaica Plain Real Estate Market InSight Report 2010 Q3

Highest Q3 prices in a decade

FALL 2010

Sale Prices

Visit us: InRealtyInc.com Call us: 617-265-3500

Dorchester | South End | South Boston | Jamaica Plain | Roslindale | Representing all of Greater Boston

Number of Sales

in sight Jamaica PlainJP’s only village real estate report

More For Sellers

- Free in-house staging - Credit card payments - Professional photos- Enhanced online listings

More for Jamaica Plain

More For Buyers

- Cash back at closing- Intra-marketstatistics

- Paperless transactions

- Design consultation

More For Owners

- Online Reporting - Guaranteed postings- Enhanced listings- Award-winning staff- 24-hour on-call service

More For Renters

- Credit cards for deposits & fees

- Sortable listings- More pictures per listing

- More no-fee options

At In Realty, we’ve built our success by offering more services, embracing newtechnology and providing market-leading knowledge and insight. In a marketcrowded with nationally branded sales mills, our local, boutique approach tocustomer service is as unique as JP itself.

Visit us: InRealtyInc.com Call us: 617-265-3500

Dorchester | South End | South Boston | Jamaica Plain | Roslindale | Representing all of Greater Boston

Justin is one of Boston’s leading real estate agents,widely recognized for his use of new technologies andservices to assist his clients.Boston Magazine recentlynamed him one of Boston’sTop Ten “Power Brokers.”

Ed is a well established veteran who specializes inrepresenting the JamaicaPlain and Roslindale markets.With his expertise in theseareas, he determined themicro-markets we would fea-ture and cowrites this report.

Prior to her real estate career, Nadine analyzed rawdata at a Fortune 500 firm touncover and report salestrends. Today, she uses herstatistical skills to create ourIntra-market Reportsthroughout Greater Boston.

Justin Green, Owner/Broker Ed Desilets, JP/Roslindale Manager

More knowledge. Meet the JP Intra-market Reporting team:

Nadine Fallon, Statistical Analyst/Broker

Chris PoulosDirector of Boston Sales

Dave GaviglioSales & Rentals

Jamie IacoiSales & Rentals

Brian LeveroneDirector of PropertyManagement

Mike PanagakoMarketing Director

TJ GalanosRentals

Eric GaudetRentals

JP prices skyrocketed to the highest they havebeen in any other 3rd quarter in the last 10 years.

At the same time, we saw the least number of salesof any 3rd quarter in a decade.

Why?

Much of the supply was sold before tax-credits expired in June. With less supply, prices went up.

More importantly, the lowest interest rates since Eisenhower was President motivated sales in thehigher end and pushed up average prices.

Pond Street, “Moss Hill”

John KinneySales & Rentals