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Housing Market in MA - 6 Month Review

Real Estate Market Update ReportsThe Massachusetts Association of Realtors (MAR) has published the latest housing market report for the towns and cities in our state. Our summary includes our office towns of Acton, Bedford, Carlisle, Concord, Lexington, Lincoln, Westford and Winchester, along with 54 other towns and cities where we have represented buyers and sellers.  The report covers the first 6 months of this year and compares those numbers with the same period last year. From this you can get an at-a-glance view of how the market is performing – including whether days on market are up or down, are prices increasing or decreasing, and have more homes sold compared to the previous year. Whether you are buying or selling, these reports can be a useful guide, however for a more in-depth market analysis you should talk to an experienced realtor. They'll be able to give you a detailed evaluation of your home, taking into account specific property and neighborhood details, and including information about recent comparable sales to give you the full picture.

Although we are still in the height of summer, if you are thinking of making a move this fall now is the time to start preparing. Despite dire warnings in the press and online we are still experiencing a healthy demand for homes, and prices continue to hold strong in the popular towns and cities north of Boston. Accurate pricing, strong marketing and knowledge of the local market are key to securing a successful sale - all things your Barrett Sotheby's International Realty agent will provide. Contact us or click here to find out what your home is worth today.

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