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North of Boston Real Estate Market Update January 24th-30th

We're taking a look at the north of Boston real estate market during the week of January 24th through the 30th specifically in  Middlesex and Essex counties for single-family homes and condominiums.  Last week we had 1,376 homes available on the market, very similar to the week before, only a 1% increase. We had 441 homes come on the market last week, an increase of 7% compared to the week before.  494 homes went pending last week, an increase of 17% from the week before. Overall, 36% of the market did get absorbed through pending listings, which shows it remains a very strong seller's market.  To put that into perspective, that was the highest number that we've seen since the seller's market started unfolding as of last year.   For sellers there's very little on the market and buyers are out and looking. If you are considering selling your home this year and wondering if you should wait until the spring the answer is no. Sellers are doing well coming on the market now, before the spring rush. So if you are thinking about a move or are curious as to what your home may be worth give us a call at 617-275-3379.  


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