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MAR End of Year Market Overview

Local Real Estate Market Update Reports from MARThe Massachusetts Association of Realtors (MAR) has published the latest housing market report for the towns and cities in our state. The report covers all our office towns (including Concord, Acton and Lexington) as well 54 other towns and cities where we have represented buyers and sellers. This report includes the summary of the data from 2021 and compares that to the previous year, giving a good indicator how the year shaped up for home buyers and sellers. You can look at days on market to see how fast homes were moving, check how many homes sold compared to the previous year to understand the demand, and see how the list prices compared to sale prices to comprehend how aggressive the market was in some towns. It's a fascinating read and gives a great overview  - but for a full market analysis, you should talk to an experienced realtor. They'll be able to give you a more detailed evaluation of your home, taking into account specific property and neighborhood details and including information about recent comparable sales, to give you the true picture.

 

So if this has made you think about taking advantage of the fast-paced market, get in touch today! In the meantime, click here to find out what your home is worth. You can also find out why you shouldn't wait until spring to list your home.

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