Roslindale Neighbors: Rozzie real estate market warming up

October 26, 2012
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The Roslindale real estate market is on its way up, real estate agents told the Gazette.

“It’s going good, going up. People are buying,” said Dru Akins, a real estate agent with ‪Olde Bostonian Realty‬ on Washington Street. “It’s not as good as some other areas.”

Akins estimates that the current market is performing 10 to 15 percent better than last year’s market.

“It’s getting really strong,” real estate agent Rafael Hernandez, from A Plus Realty Group on Poplar Street, said. “A lot of JP business is transferring over.”

According to the Multiple Listing Service, a real estate listing database, the highest-priced property for sale in Roslindale last week was a multi-family home at 35 Primrose St. for $689,800. The 2,233-square-foot, two-unit home has a total of five bedrooms and two baths as well as living rooms with fireplaces and built-in china cabinets.

The lowest-priced property for sale was a 720-square-foot condo at 592 American Legion Highway. The two-bedroom, one-bathroom unit, priced at $99,000. The listing described it as in “move-in” condition—not needing any updating or renovation—noted the third-floor view.

Sixty-two single-family homes sold in Roslindale in the last six months, said Linda Burnett, a real estate agent with international Keller Williams Realty.

“That’s busy for Roslindale,” she said. “That’s a really healthy rate for us.”

Burnett mentioned the lower availability of properties this year as compared to last year: 24 single-family homes were available for purchase last week, as opposed to 48 this week last year.

“It means fewer people are selling,” she said.

“You can still get a good deal out there. It’s definitely an up-and-coming area,” Hernandez said. “A lot of people are moving in.”

There’s a much greater demand for rentals in JP and West Roxbury, Akins noted.

“Most of the properties in the Roslindale area are condos or single-families,” he explained.

“When people really want to put down roots, they want to move to Roslindale because their friends are here, they’ve heard good things about the community or they’re done with condo living,” Burnett said. “People come to Roslindale when they’re ready to have kids or get a yard for their dog to run in.”