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Social Distancing and The North of Boston Real Estate Market Week 15

So last week we had 3,009 properties available on the market, which is a decrease of
3% compared to the week before.  We had 874 new listings come on the market last week which is an increase of 3% compared to the week before.  771 homes went pending last week that is a decrease of 24% compared to the high that we saw last week of a 1,020.  Overall 26% of the market did get absorbed through pending listings just last week alone which indicates that
it is still a strong seller's market.  

We are getting asked a lot by sellers whether it makes sense to sell this year or wait until next year, maybe they are a little concerned that they've missed their mark.  A lot of people tend to put their search on hold as September approaches,  however this year things are still cranking along.  We anticipate a very busy summer. Obviously with Covid, the spring market started very late this year.  So my advice to home sellers, if you are considering a sale prices are on the rise, it makes sense to list now.  For buyers out there, it is a frustrating market. Feel free to reach us to call us for strategies

Watch the video for more!

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