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October 2017 Housing Report

 
“Inventory remains low, prices continue to creep up and buyers are rebelling,” reports Linda O’Koniewski, CEO of RE/MAX Leading Edge, “Buyers frustrated by competition and high prices are taking a step back and beginning a 'wait and see' approach.  Our agents, who’ve been used to 8, 10 and 12 offers are now seeing a significant decrease in the number of offers on their properties.  The high-end market especially has slowed significantly.  I expect the market will begin to normalize in the weeks and months ahead.”
 
September sales of combined condo and single-family homes in Massachusetts decreased -10.8% year-over-year.  Inventory remains down -20.2% and the number of days on market is also down -20%.  Median sale prices remain up +7.9% at $374,000 while pending sales are up +9.7%.

 

 

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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