Here's April 2013's Monthly Indicators report from the Greater Boston Association of Realtors®. What's going on in the Boston real estate market? • Shortage of homes to buy has pushed sales down in April as buyer interest remains high. • Prices continue to move up because demand for available homes to buy is outpacing supply. • Sellers are gaining confidence as new listings added to the market jumped in April.

1. Monthly IndicatorsA RESEARCH TOOL PROVIDED BY THE GREATER BOSTON ASSOCIATION OF REALTORS®
April 2013 Quick Facts
+ 4.0%
Year-Over-Year
(YoY) Change in
Closed Sales
Single-Family Only
The S&P/Case-Shiller Home Price Index recently showed that home prices in 20
major metropolitan areas had increased at the strongest pace since the bubble
years. At long last, major national indices are telling the story that local MLS
data users have known for months or even years. Yes, the housing market is
recovering. The recovery varies by geography and market segment, but things
are certainly better than they have been and are showing no signs of letting up.
+ 6.1%
Year-Over-Year
(YoY) Change in
Closed Sales
Condominium Only
+ 5.1%
Year-Over-Year
(YoY) Change in
Closed Sales
All Properties
2
3
4
5
6
7
8
9
10
11
12
13
Inventory of Homes for Sale
Click on desired metric to jump to that page.
Months Supply of Inventory
Days On Market Until Sale
Percent of Original List Price Received
City of Boston Overview
Pending Sales
New Listings
Data is refreshed regularly to capture changes in market activity so figures shown may be different than previously reported. Current as of May 16, 2013. All data from MLS Property
Information Network, Inc. Provided by Greater Boston Association of REALTORS® and the Massachusetts Association of REALTORS®. Powered by 10K Research and Marketing.
New Listings in the Greater Boston region were up 14.1 percent for detached
homes and 12.9 percent for condominiums. Closed Sales increased 4.0 percent
for detached homes and 6.1 percent for condominiums.
The Median Sales Price was up 13.5 percent to $475,000 for single-family
properties and 4.7 percent to $389,000 for condominiums. Months Supply of
Inventory decreased 39.9 percent for single-family units and 43.2 percent for
townhouse-condo units.
The prickliest thorns in our collective side are still lack of inventory and subdued
listing activity. In some neighborhoods, consumers have 50 or 60 percent fewer
options from which to choose than they did a few years ago. That's causing
bidding wars in popular areas. Despite the competitive landscape for buyers,
housing remains one of the brightest lights in an otherwise subdued economic
recovery.
Single-Family Market Overview
Condominium Market Overview
Closed Sales
Median Sales Price
Housing Affordability Index

2. Single-Family Market Overview
Key market metrics for the current month and year-to-date figures for Single-Family Homes Only.
Key Metrics Historical Sparklines Apr-2012 Apr-2013 + / – YTD 2012 YTD 2013 + / –
2,438 + 2.5%Closed Sales 743 773 + 4.0% 2,378
$440,000 + 7.3%
118 113
5,024 3,141
$475,000 + 13.5% $410,000
Housing Affordability Index
Inventory of Homes for Sale
$418,500Median Sales Price
- 37.5% -- --
- 4.7% 120 120 - 0.1%
--
4-2010 4-2011 4-2012 4-2013
4-2010 4-2011 4-2012 4-2013
4-2010 4-2011 4-2012 4-2013
4-2010 4-2011 4-2012 4-2013
All data from MLS Property Information Network, Inc. Provided by the Greater Boston Association of REALTORS® and the Massachusetts Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 2
New Listings 1,798 2,052 + 14.1% 6,088 5,375 - 11.7%
120 104
-- -- --4.1 - 39.9%
128
Months Supply of Inventory 6.8
Pending Sales + 12.5%3,7151,142 1,433 + 25.5% 3,303
92.2% 95.1%
- 18.7%
+ 3.1%
Percent of Original
List Price Received
Days on Market Until Sale
93.5%
- 22.0%
+ 3.4%
94
96.7%
4 2010 4 2011 4 2012 4 2013
4-2010 4-2011 4-2012 4-2013
4-2010 4-2011 4-2012 4-2013
4-2010 4-2011 4-2012 4-2013
4-2010 4-2011 4-2012 4-2013
4-2010 4-2011 4-2012 4-2013

3. Condominium Market Overview
Key market metrics for the current month and year-to-date figures for Condominium Properties Only.
Key Metrics Historical Sparklines Apr-2012 Apr-2013 + / – YTD 2012 YTD 2013 + / –
+ 1.2%
Inventory of Homes for Sale 3,848 2,317 - 39.8% -- -- --
Housing Affordability Index 132 135 + 2.6% 135 137
+ 10.2%
Median Sales Price $371,500 $389,000 + 4.7% $359,900 $383,000 + 6.4%
Closed Sales 758 804 + 6.1% 2,161 2,382
4-2010 4-2011 4-2012 4-2013
4-2010 4-2011 4-2012 4-2013
4-2010 4-2011 4-2012 4-2013
4-2010 4-2011 4-2012 4-2013
- 7.4%
All data from MLS Property Information Network, Inc. Provided by the Greater Boston Association of REALTORS® and the Massachusetts Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 3
New Listings 1,499 1,692 + 12.9% 5,335 4,941
+ 3.4%
Pending Sales 1,047 1,343 + 28.3% 3,171 3,623 + 14.3%
Percent of Original
List Price Received
95.7% 98.8% + 3.3% 94.3% 97.5%
--
Days on Market Until Sale 98 63 - 35.3% 113 77 - 32.2%
Months Supply of Inventory 5.1 2.9 - 43.2% -- --
4 2010 4 2011 4 2012 4 2013
4-2010 4-2011 4-2012 4-2013
4-2010 4-2011 4-2012 4-2013
4-2010 4-2011 4-2012 4-2013
4-2010 4-2011 4-2012 4-2013
4-2010 4-2011 4-2012 4-2013

4. Closed Sales
A count of the actual sales that have closed in a given month.
Single-Family
YoY
Change
Condominium
YoY
Change
May-2012 1,005 + 20.5% 1,012 + 32.1%
Jun-2012 1,511 + 21.4% 1,264 + 20.3%
Jul-2012 1,279 + 25.3% 1,041 + 21.8%
Aug-2012 1,299 + 26.0% 1,204 + 25.3%
Sep-2012 766 - 1.2% 753 + 16.4%
Oct-2012 791 + 28.6% 712 + 39.1%
Nov-2012 907 + 32.4% 760 + 35.0%
Dec-2012 824 + 11.8% 769 + 19.6%
Jan-2013 605 + 15.7% 514 + 24.8%
Feb-2013 431 - 7.1% 435 + 13.3%
Mar-2013 629 - 2.9% 629 + 3.6%
Apr-2013 773 + 4.0% 804 + 6.1%
660
631
743 758773
804
April
20132012 20132012
2,027
1,922
2,378
2,161
2,438 2,382
Year to Date
20132012 201320122011 2011 2011 2011
Total 10,820 + 16.1% 9,897 + 21.3%
All data from MLS Property Information Network, Inc. Provided by the Greater Boston Association of REALTORS® and the Massachusetts Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 4
Single-Family Condominium
200
400
600
800
1,000
1,200
1,400
1,600
1,800
Jan-2003 Jan-2004 Jan-2005 Jan-2006 Jan-2007 Jan-2008 Jan-2009 Jan-2010 Jan-2011 Jan-2012 Jan-2013
Historical Closed Sales Activity Single-Family Condominium
+6.1%+20.1%+12.6%
Single-Family Condominium
+10.2%+12.4%+17.3%+4.0% +2.5%

5. Median Sales Price
Median price point for all closed sales, not accounting for seller concessions, in a given month.
Single-Family
YoY
Change
Condominium
YoY
Change
May-2012 $465,000 + 1.4% $381,000 + 4.4%
Jun-2012 $502,500 - 0.5% $400,000 + 6.7%
Jul-2012 $510,000 + 2.0% $387,000 + 6.3%
Aug-2012 $490,000 - 1.8% $380,000 + 3.0%
Sep-2012 $430,475 - 4.3% $375,000 + 2.0%
Oct-2012 $430,000 + 10.3% $368,133 + 5.6%
Nov-2012 $447,500 + 5.9% $380,000 + 8.2%
Dec-2012 $470,000 + 6.8% $381,000 + 10.4%
Jan-2013 $430,000 + 6.2% $375,000 + 5.6%
Feb-2013 $429,900 + 8.8% $350,000 - 5.4%
Mar-2013 $430,000 + 3.7% $405,500 + 19.3%
Apr-2013 $475,000 + 13.5% $389,000 + 4.7%
$431,000
$355,000
$418,500
$371,500
$475,000
$389,000
April
20132012 20132012
$420,000
$344,000
$410,000
$359,900
$440,000
$383,000
Year to Date
20132012 201320122011 2011 2011 2011
Median $467,000 + 3.9% $383,000 + 5.7%
All data from MLS Property Information Network, Inc. Provided by the Greater Boston Association of REALTORS® and the Massachusetts Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 5
Single-Family Condominium
$250,000
$300,000
$350,000
$400,000
$450,000
$500,000
$550,000
Jan-2003 Jan-2004 Jan-2005 Jan-2006 Jan-2007 Jan-2008 Jan-2009 Jan-2010 Jan-2011 Jan-2012 Jan-2013
Historical Median Sales Price Single-Family Condominium
+4.7%+4.6%-2.9%
Single-Family Condominium
+6.4%+4.6%-2.4%+13.5% +7.3%

6. Housing Affordability Index
Single-Family
YoY
Change
Condominium
YoY
Change
May-2012 109 + 13.2% 131 + 10.1%
Jun-2012 102 + 14.6% 126 + 7.4%
Jul-2012 102 + 13.9% 131 + 9.5%
Aug-2012 105 + 14.0% 133 + 9.0%
Sep-2012 121 + 17.2% 137 + 10.4%
Oct-2012 120 + 3.2% 139 + 7.3%
Nov-2012 117 + 6.7% 135 + 4.6%
Dec-2012 113 + 6.8% 136 + 3.6%
Jan-2013 125 + 3.7% 141 + 4.2%
Feb-2013 122 - 2.0% 146 + 11.2%
Mar-2013 121 + 3.4% 128 - 8.9%
Apr-2013 113 - 4.7% 135 + 2.6%
This index measures housing affordability for the region. An index of 120 means the median household income was 120% of what is necessary
to qualify for the median-priced home under prevailing interest rates. A higher number means greater affordability.
100
120118
132
113
135
April
102
123120
135
120
137
Year to Date
20132012 20132012 20132012 201320122011 2011 2011 2011
Average 114 +7.5% 135 +5.9%
All data from MLS Property Information Network, Inc. Provided by the Greater Boston Association of REALTORS® and the Massachusetts Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 6
Single-Family Condominium
60
70
80
90
100
110
120
130
140
150
160
Jan-2004 Jan-2005 Jan-2006 Jan-2007 Jan-2008 Jan-2009 Jan-2010 Jan-2011 Jan-2012 Jan-2013
Historical Housing Affordability Index Single-Family Condominium
+2.6%+10.2%+18.1%
Single-Family Condominium
+1.2%+10.2%+17.5%-4.7% -0.1%

7. Inventory of Homes for Sale
The number of properties available for sale in active status at the end of a given month.
Single-Family
YoY
Change
Condominium
YoY
Change
May-2012 5,125 - 9.6% 3,662 - 29.7%
Jun-2012 4,808 - 15.0% 3,398 - 33.2%
Jul-2012 4,384 - 20.5% 3,137 - 33.3%
Aug-2012 4,039 - 23.7% 2,742 - 34.9%
Sep-2012 4,248 - 23.8% 2,866 - 33.6%
Oct-2012 3,978 - 25.5% 2,641 - 35.4%
Nov-2012 3,370 - 25.8% 2,253 - 37.2%
Dec-2012 2,559 - 29.2% 1,726 - 38.6%
Jan-2013 2,596 - 29.0% 1,833 - 38.3%
Feb-2013 2,742 - 32.2% 2,014 - 38.2%
Mar-2013 2,825 - 39.6% 2,171 - 41.2%
Apr-2013 3,141 - 37.5% 2,317 - 39.8%
5,252 5,1715,024
3,848
3,141
2,317
April
20132012 201320122011 2011
Average 3,651 - 25.2% 2,563 - 35.7%
All data from MLS Property Information Network, Inc. Provided by the Greater Boston Association of REALTORS® and the Massachusetts Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 7
Single-Family Condominium
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
9,000
Jan-2003 Jan-2004 Jan-2005 Jan-2006 Jan-2007 Jan-2008 Jan-2009 Jan-2010 Jan-2011 Jan-2012 Jan-2013
Historical Inventory of Homes for Sale Single-Family Condominium
-39.8%-25.6%-4.3% -37.5%

8. Months Supply of Inventory
The inventory of homes for sale at the end of a given month, divided by the average monthly pending sales from the last 12 months.
Single-Family
YoY
Change
Condominium
YoY
Change
May-2012 5.1 - 25.0% 3.6 - 46.8%
Jun-2012 3.2 - 30.0% 2.7 - 44.5%
Jul-2012 3.4 - 36.6% 3.0 - 45.2%
Aug-2012 3.1 - 39.5% 2.3 - 48.1%
Sep-2012 5.5 - 22.9% 3.8 - 43.0%
Oct-2012 5.0 - 42.1% 3.7 - 53.6%
Nov-2012 3.7 - 43.9% 3.0 - 53.5%
Dec-2012 3.1 - 36.7% 2.2 - 48.7%
Jan-2013 4.3 - 38.6% 3.6 - 50.6%
Feb-2013 6.4 - 27.1% 4.6 - 45.5%
Mar-2013 4.5 - 37.7% 3.5 - 43.3%
Apr-2013 4.1 - 39.9% 2.9 - 43.2%
8.0 8.2
6.8
5.1
4.1
2.9
April
20132012 201320122011 2011
Average 4.3 - 35.4% 3.3 - 45.2%
All data from MLS Property Information Network, Inc. Provided by the Greater Boston Association of REALTORS® and the Massachusetts Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 8
Single-Family Condominium
0
2
4
6
8
10
12
14
16
Jan-2004 Jan-2005 Jan-2006 Jan-2007 Jan-2008 Jan-2009 Jan-2010 Jan-2011 Jan-2012 Jan-2013
Historical Months Supply of Inventory Single-Family Condominium
-43.2%-38.1%-15.0% -39.9%

9. Days on Market Until Sale
Average number of days between when a property is listed and when an offer is accepted in a given month.
Single-Family
YoY
Change
Condominium
YoY
Change
May-2012 96 - 5.9% 86 - 11.9%
Jun-2012 90 - 0.1% 75 - 20.4%
Jul-2012 80 - 3.9% 71 - 20.6%
Aug-2012 87 - 5.8% 76 - 18.2%
Sep-2012 89 - 12.0% 85 - 18.1%
Oct-2012 90 - 17.6% 84 - 11.5%
Nov-2012 89 - 17.9% 77 - 29.9%
Dec-2012 97 - 12.4% 84 - 30.1%
Jan-2013 109 - 16.5% 88 - 29.6%
Feb-2013 111 - 17.2% 95 - 22.7%
Mar-2013 107 - 17.7% 72 - 39.0%
Apr-2013 94 - 22.0% 63 - 35.3%
122
117120
9894
63
April
125 125128
113
104
77
Year to Date
20132012 20132012 20132012 201320122011 2011 2011 2011
Total 93 - 12.2% 73 - 22.0%
All data from MLS Property Information Network, Inc. Provided by the Greater Boston Association of REALTORS® and the Massachusetts Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 9
Single-Family Condominium
40
60
80
100
120
140
160
Jan-2003 Jan-2004 Jan-2005 Jan-2006 Jan-2007 Jan-2008 Jan-2009 Jan-2010 Jan-2011 Jan-2012 Jan-2013
Historical Days on Market Until Sale Single-Family Condominium
-35.3%-16.8%-1.7%
Single-Family Condominium
-32.2%-9.9%+2.4%-22.0% -18.7%

10. Percent of Original List Price Received
Single-Family
YoY
Change
Condominium
YoY
Change
May-2012 95.4% + 1.1% 96.1% + 1.0%
Jun-2012 95.3% + 0.8% 96.3% + 1.8%
Jul-2012 95.8% + 1.6% 96.6% + 1.7%
Aug-2012 94.8% + 1.5% 96.3% + 2.2%
Sep-2012 94.6% + 1.5% 96.4% + 2.3%
Oct-2012 94.3% + 2.8% 95.9% + 2.4%
Nov-2012 94.6% + 2.4% 96.2% + 2.5%
Dec-2012 94.2% + 2.2% 96.2% + 3.4%
Jan-2013 93.8% + 3.6% 96.0% + 3.3%
Feb-2013 94.1% + 3.2% 96.7% + 3.5%
Mar-2013 95.1% + 2.4% 97.6% + 3.8%
Apr-2013 96.7% + 3.4% 98.8% + 3.3%
Percentage found when dividing a property’s sales price by its original list price, then taking the average for all properties sold in a given month,
not accounting for seller concessions.
92.8% 93.8%93.5% 95.7%96.7% 98.8%
April
91.9% 93.0%92.2% 94.3%95.1% 97.5%
Year to Date
20132012 20132012 20132012 201320122011 2011 2011 2011
Average 95.0% + 2.0% 96.6% + 2.4%
All data from MLS Property Information Network, Inc. Provided by the Greater Boston Association of REALTORS® and the Massachusetts Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 10
Single-Family Condominium
89%
90%
91%
92%
93%
94%
95%
96%
97%
98%
99%
Jan-2003 Jan-2004 Jan-2005 Jan-2006 Jan-2007 Jan-2008 Jan-2009 Jan-2010 Jan-2011 Jan-2012 Jan-2013
Historical Percent of Original List Price Received Single-Family Condominium
+3.3%+2.0%+0.8%
Single-Family Condominium
+3.4%+1.4%+0.4%+3.4% +3.1%

11. Pending Sales
A count of the properties in UAG status between the first and last day in a given month, regardless of current status (based on Off Market Date).
Single-Family
YoY
Change
Condominium
YoY
Change
May-2012 1,325 + 23.0% 1,266 + 28.9%
Jun-2012 1,254 + 13.2% 1,039 + 19.3%
Jul-2012 1,044 + 26.2% 830 + 8.9%
Aug-2012 894 + 16.9% 815 + 22.4%
Sep-2012 839 + 27.5% 716 + 38.2%
Oct-2012 868 + 17.6% 817 + 38.2%
Nov-2012 784 + 16.3% 661 + 17.6%
Dec-2012 594 + 5.7% 499 + 6.6%
Jan-2013 576 + 6.7% 605 + 25.3%
Feb-2013 670 + 4.9% 647 + 2.2%
Mar-2013 1,036 + 5.5% 1,028 + 2.0%
Apr-2013 1,433 + 25.5% 1,343 + 28.3%
938
840
1,142
1,047
1,433
1,343
April
2,669
2,521
3,303
3,171
3,715 3,623
Year to Date
20132012 20132012 20132012 201320122011 2011 2011 2011
Total 11,317 + 16.5% 10,266 + 19.5%
All data from MLS Property Information Network, Inc. Provided by the Greater Boston Association of REALTORS® and the Massachusetts Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 11
Single-Family Condominium
200
400
600
800
1,000
1,200
1,400
Jan-2003 Jan-2004 Jan-2005 Jan-2006 Jan-2007 Jan-2008 Jan-2009 Jan-2010 Jan-2011 Jan-2012 Jan-2013
Historical Pending Sales Activity Single-Family Condominium
+28.3%+24.6%+21.7%
Single-Family Condominium
+14.3%+25.8%+23.8%+25.5% +12.5%

12. New Listings
A count of the properties that have been newly listed on the market in a given month.
Single-Family
YoY
Change
Condominium
YoY
Change
May-2012 1,783 - 4.6% 1,387 - 7.6%
Jun-2012 1,352 - 15.3% 1,152 - 14.2%
Jul-2012 1,022 - 12.5% 902 - 7.6%
Aug-2012 1,001 - 8.7% 790 - 7.5%
Sep-2012 1,419 - 10.2% 1,153 - 9.6%
Oct-2012 1,079 - 4.5% 882 - 2.0%
Nov-2012 649 - 3.3% 562 - 10.2%
Dec-2012 365 - 19.2% 319 - 17.8%
Jan-2013 903 - 6.2% 915 - 4.1%
Feb-2013 1,027 - 22.1% 966 - 15.3%
Mar-2013 1,393 - 30.6% 1,368 - 21.4%
Apr-2013 2,052 + 14.1% 1,692 + 12.9%
1,972
1,723
1,798
1,499
2,052
1,692
April
5,632 5,749
6,088
5,3355,375
4,941
Year to Date
20132012 20132012 20132012 201320122011 2011 2011 2011
Total 14,045 - 10.2% 12,088 - 8.4%
All data from MLS Property Information Network, Inc. Provided by the Greater Boston Association of REALTORS® and the Massachusetts Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 12
Single-Family Condominium
0
250
500
750
1,000
1,250
1,500
1,750
2,000
2,250
2,500
2,750
Jan-2003 Jan-2004 Jan-2005 Jan-2006 Jan-2007 Jan-2008 Jan-2009 Jan-2010 Jan-2011 Jan-2012 Jan-2013
Historical New Listing Activity Single-Family Condominium
+12.9%-13.0%-8.8%
Single-Family Condominium
-7.4%-7.2%+8.1%+14.1% -11.7%

13. City of Boston – Market Overview
Key market metrics for the current month and year-to-date figures for the City of Boston.
Key Metrics Historical Sparklines Apr-2012 Apr-2013 + / – YTD 2012 YTD 2013 + / –
- 0.1%
Inventory of Homes for Sale 2,064 1,175 - 43.1% -- -- --
Housing Affordability Index 118 113 - 4.7% 120 120
+ 2.0%
Median Sales Price $382,750 $413,000 + 7.9% $379,500 $411,500 + 8.4%
Closed Sales 421 403 - 4.3% 1,227 1,251
4-2010 4-2011 4-2012 4-2013
4-2010 4-2011 4-2012 4-2013
4-2010 4-2011 4-2012 4-2013
4-2010 4-2011 4-2012 4-2013
- 9.9%
All data from MLS Property Information Network, Inc. Provided by the Greater Boston Association of REALTORS® and the Massachusetts Association of REALTORS®. Powered by 10K Research and Marketing. | Click for Cover Page | 13
New Listings 836 954 + 14.1% 3,044 2,742
+ 3.5%
Pending Sales 605 725 + 19.8% 1,781 1,966 + 10.4%
Percent of Original
List Price Received
95.3% 98.5% + 3.3% 94.2% 97.5%
--
Days on Market Until Sale 103 54 - 47.1% 112 67 - 40.5%
Months Supply of Inventory 4.9 2.9 - 40.5% -- --
4 2010 4 2011 4 2012 4 2013
4-2010 4-2011 4-2012 4-2013
4-2010 4-2011 4-2012 4-2013
4-2010 4-2011 4-2012 4-2013
4-2010 4-2011 4-2012 4-2013
4-2010 4-2011 4-2012 4-2013