Realtor.com® has announced its prediction for this year’s Super Bowl winner, selecting the New England Patriots. Its pick of the Patriots over the Philadelphia Eagles isn’t based on defensive schemes or quarterback matchups, but, rather, a comparison of the strength of each team’s respective housing markets.
“Although there is no correlation between football and real estate, we made our pick based on what we know best: the housing market,” says Nate Johnson, chief marketing officer for realtor.com. “With strong home prices and fast days on market, there’s no question that Boston currently has a more dynamic housing market, which in our minds make it the clear pick for the upcoming game.”
Both Philadelphia and Boston had strong real estate seasons this year, generating first- down payments and new home turf for thousands of buyers, but Boston showed more potent price yardage overall, with listing prices driving up 8 percent year-over-year, compared with Philadelphia’s 6 percent gains. Boston also showed a faster running game, with for-sale inventory reaching the end zone and selling in 48 days, versus 70 days in Philadelphia. When it comes to inventory declines, Boston dominated, with inventory down 18 percent year-over-year, compared to Philadelphia’s 15 percent decline.
Realtor.com made its pick based on a comparison of listing prices, days on market, and inventory from March 2017 through January 2018 for the Philadelphia and Boston metros.
For more information, please visit www.realtor.com.
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