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Housing Market in Greater Boston - 6 Month Review

Local Real Estate Market Update Reports from MARAs summer draws to a close and before the fall market kicks off, we take a look back at the first half of the year to see how the housing market in Greater Boston performed. This report from the Massachusetts Association of Realtors gives details on the number of homes sold, median sale price, days on market, percentage of list price achieved, inventory levels and number of new listings. Buyers can use this to compare target areas – checking where more homes are available and gaining valuable insight into competition and pricing. For sellers, it’s a great way to see how the market is behaving in your town – how quickly are homes selling, are they selling for over or under list price, how many other homes will be competing with mine for buyers? As always, if you want more information or need help interpreting what these numbers mean for you, get in touch with one of our professional real estate agents. Our agents are all very knowledgeable about the towns they service and can interpret this data to give you a detailed analysis of the market where you are buying or selling. Contact us today to get started!

 

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