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Social Distancing and The North of Boston Real Estate Market Week 13

   The north of Boston real estate market is certainly heating up! Last week we had 3,004 listings available on the market, an increase of 2.3% compared to the week before.   There were 860 new listings that came on the market last week.  This  was the highest amount of listings in a week for 2020,  an increase of 2% compared to what we had the week before.   912 homes went pending last week, that is the highest amount of homes to go pending in a week for the year, an increase of 16% compared to the previous week.  Overall 30% of the market last week was absorbed through pending sales, so it is remains a very strong seller's market. For buyers hang in there, more listings are coming on the market, but it is still very competitive.  For sellers, coming on the market sooner is probably better than later as more competition will be coming on the market soon,  as we've been seeing an increase of listings every week.  If you have any questions on the market Contact us Here!

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