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June 2017 Housing Report

Market Summary

"The air of hostility that we are bombarded with each day is bleeding into our transactions.  Real estate is complicated and agonizing without extra angst.  Let's all take a deep breath," suggests Linda O'Koniewski, CEO of RE/MAX Leading Edge.   "A gentle reminder for all practitioners, clients and professionals involved; being mindful, constructive and nice may be a good way to start every transaction.

Meanwhile, sellers remain in the driver's seat of the Greater Boston housing market. New buyers are having a tough time accepting the idea that they'll have to pay significantly over asking with little to no contingencies. Remember, no matter what the market, buyers are paying tomorrow's price.  They pushed prices down in the decline, and they are pushing prices up in this zealous Boston recovery."

Many sales of combined condo and single-family homes in Massachusetts decreased -7.7% year-over-year.  Inventory remains down -27.8% and the number of days on market is also down -27.7%.  Median sale prices remain up +9.9% while pending sales are up +14.3%.

 

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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