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Beyond Boston Housing Market - September Round-Up

Concord Market Update: September 2023 SoldsSeptember saw an uptick in activity in the housing market around Boston, as we would expect after a quiet summer. We’ve seen an increasing number of new listings hit the market each week, as our agents worked hard to help sellers take advantage of the lack of inventory and get the best value for their home. However, most of the stats we see relate to homes listed during August, so we will need to wait until next month to see the impact of the recent wave of activity. Fall 2022 was when the market began to slow following the pandemic rush, so it will be interesting to see how numbers compare to an already slower period – and did those who decided to wait out the interest rate rises make the right decision?

 

Acton Market Update: September 2023 Solds Bedford Market Update: September 2023 Solds

 

 

 

 

 

 

 

 

 

Lexington Market Update: September 2023 Solds Lincoln Market Update: September 2023 Solds

 

 

 

 

 

 

 

 

 

Westford Market Update: September 2023 Solds Winchester Market Update: September 2023 Solds

 

 

 

 

 

 

 

 

 

Some highlights from this month's Sold statistics – days to offer were down compared to last year, and almost halved in Bedford and Westford. Sale prices are also up by 10% or more in Acton and Lexington. The median sale price has risen by more than 40% in Acton and Concord, indicating that pricing is still shifting upwards. And homes are still selling for over the list price – by an average of 7% in Lincoln. All great news for sellers. Buyers are facing a tougher outlook, with the number of homes sold down in almost all our towns. However, there is some positive news – on market listings were up by almost 50% in Lincoln and Winchester – so we expect a busier month ahead. There is still plenty of time to secure a new home before the holidays – talk to one of our agents today to get moving!

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