May 2019 Housing Report

  

 

 

“We are experiencing a fickle spring market,” reports Linda O’Koniewski, CEO of Leading Edge. “Agents are reporting varying market conditions. Open houses are bursting with attendance over here, and only two parties show up over there. This mid-priced house, in a hot market priced well, goes without a bid on the call to offer date, this other mid-priced property, in a hot market priced well, is overwhelmed with competing buyers. Change is in the air.”

April sales of single-family homes in the Leading Edge service area increased +3.9% year-over-year. Inventory decreased -1.3%. The number of days on market over the last 12 months is down -5.6% while median sale prices remain up +5.1% at $620,000.

 
 
 

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Full Report

andover

Andover

arlington

Arlington

belmont

Belmont

boston

Boston

cambridge

Cambridge

lexington

Lexington

lynnfield

Lynnfield

medford

Medford

melrose

Melrose

newton

Newton

north andover

North Andover

reading

Reading

somerville

Somerville

stoneham

Stoneham

wakefield

Wakefield

waltham

Waltham

watertown

Watertown

winchester

Winchester

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