Wednesday, January 11, 2017

Home Sales Up in Boston, MA



Boston, MA home sales
The holidays are over and we are settling in for a long winter here in Boston, MA.  Soon after winter slows down, next comes the spring real estate market. Many would-be home-sellers wait until this time to put their Boston, MA home up for sale. But, if you are wondering if now would be a good time to sell your Boston, MA home, you are not alone. Is now a good time? The National Association of Realtors’ most recent Existing Home Sales Report revealed that, compared to last year, home sales are up dramatically in five of the six price ranges they measure.

Homes priced between $100-250K showed a 20.7% increase year-over-year. This is an impressive increase, showing that November was an excellent month for home sales in this price range. But surprisingly, the 20.7% increase in sales in this range was not the highest percent change achieved, as sales of homes over $250,000 increased by double-digit percentages.  Furthermore, sales in the $750,000- $1 million range showing the largest increase, up 43.2%! As home prices in Boston, MA continue to accelerate, it is no surprise to see the percentage of homes in the higher price ranges increasing.

What does this mean for Boston, MA home-sellers? Houses are selling. If your house has been on the market for any length of time and has not yet sold, perhaps it is time to sit down with your Boston, MA real estate agent to see if it is priced appropriately to compete in today’s market.

If you are concerned about entering the market, have no fear – a Boston, MA real estate agent is your best asset to accomplish your real estate goals and more. If you’d like to dramatically increase the chances that your home sells, you should list your home with a Boston expert. As a real estate professional, I am an expert in our area and will know exactly what needs to be done to get your home sold quickly and for top dollar. Make your home selling experience an educated one. Please contact a Boston, MA real estate agent today to start the process.

Lucas Garofalo
Keller Williams Realty
(617) 861-3631
Lucas@LucasBostonHomes.com

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