We’re in the ultimate sellers’ market right now. If you’re a homeowner thinking about selling, you have a huge advantage in today’s housing market. High buyer demand paired with very few houses for sale makes this the optimal time to sell for those who are ready to do so. Whatever the move you want to make looks like, here’s an overview [...]
Here's a look at the real estate market north of Boston comparing May 2020 to May 2021. Specifically for single family homes, multi-family homes and condominiums in Middlesex and Essex counties. Last year at this time things started picking up in about April and by May we definitely had some momentum. Right now compared to last may inventory is down close to 14%. Days on market, the time is taking homes to sell, is also down about 34%. The amount of homes sold is up close to 47%. Lastly, median sales prices are up close to 15% which is an increase of close to about $60,000 compared to what we saw last May. So if you are considering buying a home right now you I'm sure may be frustrated with today's market. Our suggestion is to keep chugging along. For sellers out there, definitely don't skimp on preparing your home to sell just because it's a strong market. Those that are taking the time to do it right are getting crazy offers on their home so if you are considering a move to the suburbs north of Boston give us a call at 617-275-3379.
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Andover, North Andover, North Reading, Reading, Wakefield and Stoneham
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Welcome to 65 Elm Street, a handsome blend of classic New England charm, modern updates and conveniences. The bright white kitchen includes stainless appliances, quartz counters, and soft close drawers. The island provides a space for breakfast and the kitchen is open to a bonus room - flexible space ideal for an office or playroom. The dining room exudes character with crown moldings, built in china cabinet and original tin ceilings. The gas stove in the living room adds rustic character & adds warmth to New England winters. The new finished room adds a great place for morning coffee and leads to a wonderful back yard! The flat backyard is spacious enough for games &play. The sprinkler system makes gardening a breeze. The plumbed in gas on the patio assures you'll never have to run out during your BBQ! Hardwood flooring throughout. 1st level laundry. Essential Central Air! Convenient to parks, playgrounds & restaurants. Down the street from Rt 93 & 95 making for an easy commute!
Located in a tranquil setting in one of North Andover's most coveted neighborhoods, 167 Hay Meadow is a traditional center entrance colonial with many updates and rustic details. The first floor features an updated, bright, white eat in kitchen with stainless appliances and granite counters. The sunroom is a special place to let time pass and enjoy a favorite book and morning coffee. There is plenty of space for summer barbecues on the generous sized deck! In the master bedroom the fireplace adds distinctive appeal. The master bath comes complete with jacuzzi style tub and stand up shower with glass doors. The exercise room is ready for your Peloton! Hardwood flooring throughout 1st and 2nd floors. There is plenty of space for everyday living, as well as entertaining, and the neighborhood truly makes this home a special place to create lasting memories! Private showings only.
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Located in a peaceful setting and surrounded by nature, 4 Rebecca's Row is a young colonial tucked away in the heart of North Reading. With 4 finished levels, this home offers plenty of space for work, play, & everyday living with enough privacy for everyone to enjoy. The double French doors from the farmers porch and the living room invites Mother Nature in & blurs the lines between indoors & out. At the heart of the home is a generous eat in kitchen that opens to a great room with cathedral ceilings. Separated from the main living area, the 1st floor office is ready for work. The finished 3rd level provides flexibility to be used as a playroom or 2nd home office space & has plumbing roughed in for a future bath. The finished basement with wet bar & full bath is ideal for extended family, teen suite or as a rec room. The wine connoisseur will appreciate the wine cellar! 2nd floor laundry, hardwood throughout & plenty of storage space! Convenient to all North Reading has to offer!
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Check out the virtual tour here!
It’s clear that consumers are concerned about how quickly home values are rising. Many people fear the speed of appreciation may lead to a crash in prices later this year. In fact, [...]
Here's a look at the North of Boston real estate market comparing April of 2021 to April of 2020. Specifically for Middlesex and Essex counties for single-family homes, multi-family homes, and condominiums. Keep in mind last April was the beginning of the pandemic so the numbers may be off slightly. In terms of inventory levels, the amount of homes available for sale, are up close to 3.5% compared to last April. That isn't much considering last April we had extremely low levels of inventory. The time it's taking homes to sell, that's down close to 22% compared to last April. And the amount of homes sold that's up close to 30% compared to last April. Median prices are up over 10% compared to last year at this time. The market remains extremely strong for sellers, so my advice to sellers if you are considering selling your home, this is a great time to take advantage of strong buyer demand. However, as a seller, if you're thinking "hey you know the market's so strong do I really need to prep? Do I really need to make sure that my home is ready for sale?" Well we've seen homes out there sell for anywhere from $20,000 over up to over $150,000 over. So this, in our opinion, is certainly a great time! Don't skimp on prepping your home for sale because this is the time when you can really take advantage of strong buyer demand and the more interest that you have in your home the stronger offers will come in and the more money you will net. For buyers out there, unfortunately there doesn't seem like a lot of relief out there. However, a lot of our buyers have had great luck with the strategies that we are using to get home offers accepted. So if you are considering a move in or out of the suburbs north of Boston feel free to give us a call at 617-275-3379.
Curious about the numbers for your area? Click the link for your town!
Andover, North Andover, North Reading, Reading, Wakefield and Stoneham
Be sure to like us on Facebook and follow us on Instagram for a behind the scenes of our day to day and favorite happenings north of Boston!
So far this year, mortgage rates continue to hover around 3%, encouraging many hopeful homebuyers to enter the housing market. However, there’s a good chance rates will increase later this year and going into 2022, ultimately making it more expensive to borrow money for a home loan. Here’s a look at what several experts have to [...]
Last week’s Existing Home Sales Report from the National Association of Realtors (NAR) shows sales have dropped by 3.7% compared to the month before. This is the second consecutive month that sales have slumped. Some see this as evidence that the red-hot real estate market may be cooling. However, there could also be a simple explanation [...]
Welcome to 12 Blossom Road! This updated gambrel style home features a stylish interior on a great lot located in one of Windham's most coveted neighborhoods! The white kitchen boasts granite counters, stainless appliances and overlooks a family room, ideal for games and play! The dining room provides plenty of space for entertaining and living room shows off accents of shiplap and a whitewashed fireplace. Upstairs consists of 3 spacious bedrooms and full bath. What a backyard! The deck awaits evening gatherings, the fenced in yard is ideal for outdoor fun and the in-ground pool is sure to make make the most out of the summer months! Convenient 1 car garage and stand by generator! Down the street from Windham Country Club, walking trails, shopping, restaurants and Route 93
77 Main Street, Andover, MA - 1167 Massachusetts Avenue, Arlington, MA - 84 Leonard Street, Belmont, MA - 79 Bridge Street Suite E, Beverly, MA - 75 Arlington Street Suite 5019, Boston, MA - 2 Brattle Square, Cambridge, MA - 536 Main Street, Melrose, MA - 248 Main Street, Reading, MA - 2 Mount Vernon Street, Winchester, MA - 477 Main Street Suite 1, Yarmouthport, Cape Cod
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