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February 2017 Housing Report

Market Summary

“Home buyers are storming open houses in anticipation of rising interest rates while sellers remain reluctant to sell keeping inventory at all time lows.  Our agents are experiencing packed open houses making purchasing a home as competitive as ever.  Our agents, however, are skilled at helping buyers make the most competitive offer with the most competitive terms and conditions,“ reports Linda O’Koniewski, CEO of RE/MAX Leading Edge.  “Sellers who put their homes on the market now vs waiting until the Spring will insure they get the highest price possible.”    
 
January sales of combined condo and single-family homes in Massachusetts decreased -.4% year-over-year.  Inventory remains down -32.1% and the number of days on market is also down -24.1%. Median sale prices remain up +7.6% while pending sales are down +5%.
 
 
 

 

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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