---
title: Why Were Single Family Sales Down in November?
description: Single family sales decreased according to the most recent market stats in Greater Boston. See why experts like Michael DiMella think this is happening.
---

[CHARLESGATE Blog ](https://www.charlesgate.com/blog)

# [Why Were Single Family Sales Down in November?](https://www.charlesgate.com/blog/2014/12/26/single-family-sales-november)

 Written by [Michael DiMella](https://www.charlesgate.com/blog/author/michael-dimella) | Dec 26, 2014 5:00:00 AM

<https://www.charlesgate.com/hubfs/Imported_Blog_Media/Why-did-single-family-home-sales-fall-in-2-1.png>According to the most recent market stats, single family sales were DOWN in November while the median price rose – especially in Greater Boston. This was due mainly to a continuing [shortage of inventory](https://charlesgaterealty.com/2013/market-trends/whats-really-causing-the-real-estate-inventory-shortage-in-boston/) in the marketplace. The [Boston Herald](http://www.bostonherald.com/business/real_estate/2014/12/single_family_home_sales_fall_in_nov?utm_campaign=Feed%3A+bostonherald+%28Home+-+BostonHerald.com%29&utm_medium=feed&utm_source=feedburner) published a story indicating this market stat in addition to the reduction of closed sales, going down 6.7%. Condo sales in the same market fell even more at a rate of over 10%.

Michael DiMella, managing partner of Charlesgate Realty, was featured in the article with his experience on where the market is at this time. “Even at these prices, what is available is being jumped on pretty quickly,” said Michael DiMella, the association’s president and managing partner of Charlesgate Realty Group in Boston. “We’re still seeing some multiple offers and bidding wars, although not as much.”

What do you think? Check out the complete collection of [November market stats](http://info.charlesgaterealty.com/boston-real-estate-market-statistics-and-trends) to analyze how things are doing in your neighborhood.

<http://cta-redirect.hubspot.com/cta/redirect/949/de2aa72a-b916-449b-8fc4-678122a1e33b>

[View full post](https://www.charlesgate.com/blog/2014/12/26/single-family-sales-november)

```json
{
  "@context" : "http://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "Michael DiMella"
  },
  "dateModified" : "2024-01-31T05:49:03.286Z",
  "datePublished" : "2014-12-26T05:00:00Z",
  "headline" : "Why Were Single Family Sales Down in November?",
  "image" : {
    "@type" : "ImageObject",
    "height" : 60,
    "url" : "/hs/hsstatic/content_shared_assets/static-1.4092/img/default-amp-logo.png",
    "width" : 60
  },
  "mainEntityOfPage" : "https://www.charlesgate.com/blog/2014/12/26/single-family-sales-november",
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject",
      "height" : 60,
      "url" : "/hs/hsstatic/content_shared_assets/static-1.4092/img/default-amp-logo.png",
      "width" : 60
    },
    "name" : "CHARLESGATE Blog"
  }
}
```