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April 2017 Housing Report

Market Summary

“Inventory is becoming cyclical.  In some towns and neighborhoods it comes on before the weekend and is snapped up in less than a week.  We saw zero inventory for single family homes in Arlington for the first time.  Nada. Donuts,” reports Linda O’Koniewski, CEO of RE/MAX Leading Edge.  Real estate is hyper local and buyers are super savvy, they know when a home is not worth the asking price.  So the key is to hit the price on the mark that appeals to the most buyers.  High-end luxury property is still taking longer to sell, but homeowners who offer a terrific package and value are attracting high-net worth buyers faster than we’ve seen in other strong markets.”

March sales of combined condo and single-family homes in Massachusetts increased +1% year-over-year.  Inventory remains down -31.1% and the number of days on market is also down -24.7%.  Median sale prices remain up +7.4% while pending sales are up +12.9%.

 
 
 

 

Full Housing Report

Full Report

Arlington Single Family Housing Report

Arlington

Reading Housing Report

Belmont

Boston Housing Report

Boston

Cambridge Condo Housing Report

Cambridge

Lexington Housing Report

Lexington

Lynnfield Housing Report

Lynnfield

Medford Single Family Housing Report

Medford

Melrose Housing Report

Melrose

Newton Housing Report

Newton

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Reading

Somerville Single Family Housing Report

Somerville

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Stoneham

Wakefield Housing Report

Wakefield

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Waltham

Watertown Single Family Housing Report

Watertown

Winchester Housing Report

Winchester

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