Market Summary
“It is counter-intuitive, but folks who put their home on the market early often do better than if they wait for the azaleas to bloom in May. Why? More competing properties can adversely affect your price. Big data tells us that in Boston, the best time to sell is between March Madness and the Master’s. Call a wise and trustworthy RE/MAX Leading Edge agent to prepare your home to get a head start,” reports Linda O’Koniewski, CEO of RE/MAX Leading Edge. “Also, we are eager to see if buyer behavior changes with the new tax plan.”
The latest 12 months sales of single-family homes in the RE/MAX Leading Edge service area decreased -.8% year-over-year. Inventory remains down -17.7%. The number of days on market is also down -21.3% while median sale prices remain up +9.4% at $585,300.
Full Report
Arlington
Belmont
Boston
Cambridge
Lexington
Lynnfield
Medford
Melrose
Newton
Reading
Somerville
Stoneham
Wakefield
Waltham
Watertown
Winchester
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