Market Trends & More - Leading Edge Real Estate

January 2018 Housing Report

Written by info@LeadingEdgeAgents.com | January 4, 2018

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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