Multifamily Report Year Ending 2023

NOTE FROM CARLETON

I hope this letter finds you in good health and good spirits, with your income property performing well with respectful and appreciative tenants. As part of my ongoing commitment to deliver valuable information, below you will find the two and three-family market report for 2023. This market report provides an in-depth look at 2023, compared with 2022. I looked at 12 key multifamily markets in Greater Boston that were selected because of their density of multifamily housing. Information from this report was gathered using MLS data to provide the most accurate overview of the multifamily market, with a timeframe of January 1st-December 31st.

Given the interest rate environment, there has been a lot of speculation on pricing - investors and, landlords like you, want to know where pricing and supply is. This market report looks at data to provide answers to those questions.

To discuss your real estate goals and objectives in 2024, please reach out to me directly.

I look forward to speaking with you soon! Carleton Ashley Broker Associate M: 617.272.5440 carleton.ashley@compass.com

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