Market Summary

“Housing demand remains strong late into the Fall season,” reports Linda O’Koniewski, CEO of RE/MAX Leading Edge.  “Sellers considering putting their home on the market shouldn’t wait.  High demand and low competition means more money in the seller’s pockets.  Conversely, buyers looking to trade-up to higher priced homes are in the driver’s seat as luxury homes are staying on the market longer.”

The latest 12 months sales of single-family homes in the RE/MAX Leading Edge service area decreased -1.9% year-over-year.  Inventory remains down -24.6%.  The number of days on market is also down -22.9% while median sale prices remain up +9.4% at $580,000.

Full Report

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Belmont

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Cambridge

Lexington

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Melrose

Newton

Reading

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Stoneham

Wakefield

Waltham

Watertown

Winchester

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