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March 2022 Housing Report

 

 
Linda O’Koniewski, CEO, Leading Edge, wants homeowners to be aware of two critical issues if you plan to sell your home:
 
1) Homes that sell without the benefit of the multiple listing services sell for 16.98% less than homes that are fully marketed to all qualified homebuyers according to an extensive study.* That is an $84,900 lost profit on a $500,000 property!
 
2) Agents who suggest you sell off market as a “private exclusive” make it sound enticing, but fail to mention that a small pool of buyers may result in substantially less money in your pocket.
 
Ask yourself…”Would you like to sell your biggest investment to an auction of one or to a huge buyer pool of qualified buyers?
 
Call a Leading Edge agent who is happy to do the extra work, extra showings, extra communication and extra negotiation to sort through a pile of offers you may get if you take their advice in this red hot market. Our methods ensure you get the best price and terms.
 
*Bright MLS
 
February sales of single-family homes in the Leading Edge service area decreased -21.9% year-over-year. Inventory decreased -44.8%. The number of days on market over the last 12 months decreased -20% while median sale prices remain up +10.1% at $765,000.
 


reportcover2022

Full Report

 

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Andover


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Arlington

 

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Belmont

 

Boston

Boston

 

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Cambridge

 

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Lexington

 

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Lynnfield

 

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Medford

 

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Melrose



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Newton

 

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North Andover

 

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Northern MA

 

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Reading

 

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Somerville

 

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Southern New Hampshire

 

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Stoneham

 

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Wakefield

 

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Waltham

 

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Watertown

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Winchester

 

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