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2015 Real Estate Market Update


After an historic winter, spring is enlivening the 2015 real estate forecast. The recovering US economy is driving solid growth, fueling job creation and keeping home sales on an upward path.

  • NAR forecasts home sales will hit 5.3 million
  • Massachusetts housing starts in Boston – up from 50% in 2000 to 90% in 2014
  • Boston is reporting 7,200 residential units under construction citywide
  • Millennials are poised to buy their first homes and aging boomers are downsizing
  • Sub-4% interest rates continue

Locally, how did over 108 inches of snow affected the market? The Big Thaw began in early March, the delay from the harsh winter spiking demand.

  • According to Banker & Tradesman, the high-end in Suffolk County is up 24%
  • MAR is reporting a 12% rise in JP condo values from 2014, a whopping 30.5% over 5 years
  • The Warren Group placed Jamaica Plain 5th on the top 10 list in Massachusetts with the largest home value increases over 9 years

In 2015 Cervone Deegan & Associates is reporting multiple above-asking price bids on listings and buyer purchases. 2014 was CD&A’s second best year ever. In 2014, over 80% of homes listed by CD&A sold above ask, some more than 120%. JP prices for 2014 averaged $543,000, CD&A’s prices averaged $766,000. True for decades, the CD&A team are among top-producing Jamaica Plain real estate brokers, historically selling the lion’s share of the luxury home market.

If you are thinking of selling or buying, call us today. Entrust the purchase or sale of your home to the best – come let us show you the way home.



364 Amory Street, Unit 1, Jamaica Plain
Dramatic corner Loft • 7 Rooms • 2 Bedrooms • Multi-level live/work setting
Sold: $925,000

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23 Eliot Street, Unit 1, Jamaica Plain
Exquisite historic residence • 4 Bedrooms • 4.5 Baths • Restored original splendor
Sold: $2,150,000



20 Louders Lane, Jamaica Plain
Storybook Bungalow• 7 Rooms• 3 Bedrooms
Sold: $780,000



31 Hampstead Road, Jamaica Plain
Grand Victorian-era home • 12 Rooms • 6+ Bedrooms
Sold: $997,500



23 Symmes Street, Roslindale
Charming Bungalow • 7 Rooms • 3 Bedrooms
Sold: $640,000

 In Roslindale, condo sales have increased 65% since 2011 and the Bates Real Estate Report added it to “condo-crazed” neighborhoods this year. Inventory is drum tight so far in 2015, fueling bidding on houses as the demand builds.



370 Arborway, Jamaica Plain
Colonial dream • 10 Rooms • 5 Bedrooms
Sold: $1,375,000



57 Richwood Street, West Roxbury
Spacious and charming Single Family • 9 Rooms • 5 Bedrooms • Beautiful gardens
Sold: $671,750



16 Sigourney Street #H, Jamaica Plain
Impeccably designed duplex condo • 5 Rooms • 2 Bedroom
Sold: $650,000

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Movie Night @ the LGH -“Babette’s Feast.”



Foodies! A simple housemaid wins the lottery in a quiet, 19th-century Danish village. Don’t miss this classic to be screened in the warm setting of the Loring-Greenough House. Jamaica Plain Tuesday Club.RSVP required: Click here for details. April 17 @ 7:00 pm - 9:00 pm

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A new age for an old town (Part 1)



Dozens of buildings are redefining the skyline and reshaping entire neighborhoods with offices and luxury dwellings.  

Cervone Deegan & Associates, your local star real estate team brings you the latest development news about our great city.


There have been three great ages of development in modern Boston. The first began after the Back Bay was filled in the late 19th century, a radical change that triggered a historic construction boom. The second came in the 1960s and ’70s, when a “high spine” of office towers — stretching from the financial district to the Pru — began to rise over an old town.


The third is now.

Read more:




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Man Caves Are Still a Thing, Now With a ‘Sophisticated Twist’

Racing memorabilia fills the "manspace" of Mario Andretti at

Guy sanctuary, male retreat, man cave. All of these terms suggest spaces we thought were totally obsolete by now. But according to the Wall Street Journal, the man cave is very much alive, it’s just evolved a bit—from leather couch meets big-screen TV, to something with more of a “sophisticated twist.” Turns out, modern day renditions of “ultra-luxury manly spaces” can be neatly categorized into four types—the “tech lair,” the “haute hobby room,” the “gentleman’s greenhouse,” and the “bookish hideout.”  Cervone Deegan & Associates is always interested to see how different homes can take shape.

Continue here

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990 Centre Street #4 Open House Sunday April 12, 12:00-1:30 PM

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Set on Boston’s single remaining rural estate amidst the lush, landscaped grounds of the Adams Arboretum, this gracious 2-Bedroom, 2-Bath is hosted on the piano nobile, the second floor of the Weld Mansion. This condominium home retains the original elegant details: natural woodwork, high ceilings, floor-to-ceiling arched windows, 2 bays, crown moldings and decorative fireplaces. The Living/Dining Room offers a grand living and entertaining space, adjacent find an updated Kitchen. Two generous Bedrooms and 2 tile Baths include a Master with en-suite Bath. Unsurpassed amenities make coming home a unique and delightful pleasure – a private deck, 2-car parking, pool and tennis courts, on almost 9 acres with hiking trails and private entrance into the splendor of the abutting Arnold Arboretum – 265 acres of plants, trees, flowers, ponds and streams.

Offered exclusively at  $398,000

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