Newton => 32 new home / condo listings, 29 under agreement, 379 on the market - After a slow week last week, Newton came back the market this week with a top 15 number of under agreement listings and a top 20 number of new listings.
Needham => 15 new home / condo listings, 4 under agreement, 180 on the market - Last week was a quiet holiday week and the real estate industry reflected that. This week is the rebound week with a very respectable number of new listings but barely any under agreement. Of the four under agreement, two of them came on the market this week. Interestingly, this time last year Needham was in the third week of a 15 week decline in the number of homes and condos on the market. This year, Needham is in its fifth week of steadily increasing numbers of homes on the market (180 this year vs 161 last year).
Wellesley => 16 new home / condo listings, 5 under agreement, 196 on the market - It was good to see the number of new listings go up this week to a very good number for this time of year. The under agreement number was unimpressive but since it was a holiday week we will wait and see if that rebounds this week.
Would you like to know how these trends impact the value and marketability of your home? Give me a call at 781-929-2453 and I would be happy to discuss your property with you. Know someone looking to move? Please send them my way.
Have a great long weekend!
Bill Paulson
Prudential Advantage Real Estate
781-929-2453
bill@billpaulson.com
www.billpaulson.com
http://blog.billpaulson.com
www.facebook.com/conciergerealtor
Bill Paulson