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July 2017 Housing Report

Market Summary

“The Joint Center of Housing Studies (JCHS) at Harvard University recently released their 2017 State of the Nation’s Housing Study, and a recent blog from JCHS revealed, “For the fourth year in a row, the inventory of homes for sale across the US not only failed to recover, but dropped yet again”. While sales and inventory in the Massachusetts and Greater Boston market also remain a challenge, buyers remained active but fatigued in June,” reports Linda O’Koniewski, CEO of RE/MAX Leading Edge.  “Activity tends to slow down this time of year but we are expecting an uptick in inventory in late July/August.”

June sales of combined condo and single-family homes in Massachusetts decreased -6.6% year-over-year.  Inventory remains down -28.2% and the number of days on market is also down +31.2%.  Median sale prices remain up +6.8% while pending sales are up +6.5%.

Full Housing Report

Full Report

Arlington Single Family Housing Report

Arlington

Belmont 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

Reading Housing Report

Reading

Somerville Single Family Housing Report

Somerville

Reading Housing Report

Stoneham

Wakefield Housing Report

Wakefield

Newton Housing Report

Waltham

Watertown Single Family Housing Report

Watertown

Winchester Housing Report

Winchester

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