We hope you had a great Labor Day weekend! As anticipated new listings slowed slightly, likely due to the Labor Day weekend in the suburbs north of Boston.
Last week we had 2619 homes available on the market, very similar to the week before. For new listings, 554 homes came on the market last week, a decrease of 18% compared to the week before. 716 homes went pending last week a very slight increase of 1% from the previous week. Overall 27% of the market last week did get absorbed through pending listings which shows that it remains a very strong seller's market. It’s very consistent to what we saw over the past couple of months.
If you are considering a move to the suburbs north of boston give us a call at 617-275-3379.