• Facebook
  • Twitter
  • Instagram
  • Youtube
  • Linkedin

October 2021 Housing Report

 
 
“Here’s an interesting, yet counterintuitive, fact,” reports Linda O’Koniewski, CEO, Leading Edge. “A recent study by First American Title found that homes today are more affordable than they were 15 years ago. Why? In 2006, interest rates were at 6%. At today's interest rates, around 3%, homes are actually more affordable for today’s buyers. So even though Mom and Dad can’t believe how much money their kids are paying for property, purchasing a home remains within reach to achieve the American dream.”

September sales of single-family homes in the Leading Edge service area decreased -24.6% year-over-year. Inventory decreased -33.5%. The number of days on market over the last 12 months decreased -30.6% while median sale prices remain up +13.1% at $745,000.
Full Report


Full Report

 

andover-1

Andover

arlington-1

Arlington

belmont-1

Belmont

Boston

Boston

cambridge-1


Cambridge

lexington-1

Lexington

 

lynnfield-1

 

Lynnfield

medford-1

Medford

melrose-1

Melrose

MV-Oct-05-2021-04-45-05-45-PM

Merrimack Valley

newton-1

Newton

north andover-1

North Andover

reading-1

Reading

somerville-1

Somerville

NH-Oct-05-2021-04-40-49-30-PM

Southern New Hampshire

stoneham-1

Stoneham

wakefield-1

Wakefield

waltham-1

Waltham

watertown-1

Watertown

winchester

Winchester

Click Here for JPEGS!

 

 

Back to Blog

Related Articles

June 2019 Housing Report

       “Our market in Eastern Massachusetts remains extremely fickle,” reports...

November 2019 Housing Report

  “For the first time, median home prices cracked $400,000 in Massachusetts and are now at...

December 2019 Housing Report

  “Prices are flat-lining,” said Linda O’Koniewski, CEO, Leading Edge. “Cambridge saw the...