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November 2017 Housing Report

Market Summary

 

“Shorter days and tired buyers are cooling the housing market,” reports Linda O’Koniewski, CEO of RE/MAX Leading Edge.  “Baby Boomers are choosing to remain in their largely under-used homes because the down-sizing cost is almost as much the home they would sell. Low inventory is the new normal. Smart buyers should seize the market with aggression because their competition is retiring for the holidays.”

 

The latest 12 months sales of single-family homes in the RE/MAX Leading Edge service area increased .4% year-over-year.  Inventory remains down -31.4%.  The number of days on market is also down -26.5% while median sale prices remain up +9% at $577,500.

 

 

 

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 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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