Market Summary
“Buyers are eager to hit the market and find their home-sweet-home. They are more informed and better prepared to act quickly in this competitive market,” reports Linda O’Koniewski, CEO of RE/MAX Leading Edge. “Sellers who are on the fence continue to be in the driver’s seat and should consider cashing in on their equity while interest rates are low.”
The latest 12 months sales of single-family homes in the RE/MAX Leading Edge service area increased +.7% year-over-year. Inventory remains down -20.4%. The number of days on market is also down -19.6% while median sale prices remain up +8.3% at $585,000.
![Full Housing Report Full Housing Report](https://realestate.leadingedgeagents.com/hs-fs/hubfs/February%202018%20Housing%20Report%20/coverHOUSING.jpg?width=382&name=coverHOUSING.jpg)
Full Report
![Arlington Single Family Housing Report](https://realestate.leadingedgeagents.com/hs-fs/hubfs/Imported_Blog_Media/ArlingtonHousingReportCondo.jpg?width=380&height=126&name=ArlingtonHousingReportCondo.jpg)
Arlington
![Belmont Housing Report](https://realestate.leadingedgeagents.com/hs-fs/hubfs/Imported_Blog_Media/ReadingHousingReport1-e1439494788962-1.jpg?width=379&height=127&name=ReadingHousingReport1-e1439494788962-1.jpg)
Belmont
![Boston Housing Report](https://realestate.leadingedgeagents.com/hs-fs/hubfs/Imported_Blog_Media/BostonHousingReport.jpg?width=381&height=126&name=BostonHousingReport.jpg)
Boston
![Cambridge Condo Housing Report](https://realestate.leadingedgeagents.com/hs-fs/hubfs/Imported_Blog_Media/CambridgeHousingReportCondo.jpg?width=382&height=126&name=CambridgeHousingReportCondo.jpg)
Cambridge
![Lexington Housing Report](https://realestate.leadingedgeagents.com/hs-fs/hubfs/Imported_Blog_Media/LexingtonHousingReport.jpg?width=382&height=126&name=LexingtonHousingReport.jpg)
Lexington
![Lynnfield Housing Report](https://realestate.leadingedgeagents.com/hs-fs/hubfs/Imported_Blog_Media/LynnfieldHousingReport-1.jpg?width=380&height=126&name=LynnfieldHousingReport-1.jpg)
Lynnfield
![Medford Housing Report](https://realestate.leadingedgeagents.com/hs-fs/hubfs/Imported_Blog_Media/MedfordHousingReportSingleFamily.jpg?width=381&height=127&name=MedfordHousingReportSingleFamily.jpg)
Medford
![Melrose Housing Report](https://realestate.leadingedgeagents.com/hs-fs/hubfs/Imported_Blog_Media/MelroseHousingReport-1.jpg?width=380&height=126&name=MelroseHousingReport-1.jpg)
Melrose
![Newton Housing Report](https://realestate.leadingedgeagents.com/hs-fs/hubfs/Imported_Blog_Media/NewtonHousingReport-1.jpg?width=380&height=124&name=NewtonHousingReport-1.jpg)
Newton
![Reading Housing Report](https://realestate.leadingedgeagents.com/hs-fs/hubfs/Imported_Blog_Media/ReadingHousingReport1-e1439494788962-1.jpg?width=379&height=127&name=ReadingHousingReport1-e1439494788962-1.jpg)
Reading
![Somerville Single Family Housing Report](https://realestate.leadingedgeagents.com/hs-fs/hubfs/Imported_Blog_Media/SomervilleHousingReportSingleFamily-1.jpg?width=381&height=126&name=SomervilleHousingReportSingleFamily-1.jpg)
Somerville
![Reading Housing Report](https://realestate.leadingedgeagents.com/hs-fs/hubfs/Imported_Blog_Media/ReadingHousingReport1-e1439494788962-1.jpg?width=379&height=127&name=ReadingHousingReport1-e1439494788962-1.jpg)
Stoneham
![Wakefield Housing Report](https://realestate.leadingedgeagents.com/hs-fs/hubfs/Imported_Blog_Media/WakfieldHousingReport.jpg?width=380&height=126&name=WakfieldHousingReport.jpg)
Wakefield
![Newton Housing Report](https://realestate.leadingedgeagents.com/hs-fs/hubfs/Imported_Blog_Media/NewtonHousingReport-1.jpg?width=380&height=124&name=NewtonHousingReport-1.jpg)
Waltham
![Watertown Single Family Housing Report](https://realestate.leadingedgeagents.com/hs-fs/hubfs/Imported_Blog_Media/WatertownHousingReportSingleFamily.jpg?width=380&height=126&name=WatertownHousingReportSingleFamily.jpg)
Watertown
![Winchester Housing Report](https://realestate.leadingedgeagents.com/hs-fs/hubfs/Imported_Blog_Media/WinchesterHousingReport-1.jpg?width=380&height=126&name=WinchesterHousingReport-1.jpg)
Winchester
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