Thursday, August 30, 2018

Summer Surprises! What Really Happened in Real Estate...

More Sales and More Price Changes in Sudbury
There were lots of headlines and news stories during the summer about fewer homes sales and higher prices.

While that is true for most places, all real estate is local and you may be surprised that Y-T-D through 7/31, there were actually more sales and either flat or lower sale prices in some of the towns west of Boston. The other data that is not reported are price reductions; even in the hot seller's market, there were price reductions. Reading headlines can be misleading and there were home-sellers who thought they could list their houses for whatever price they wanted and after a while on the market realized that correct pricing matters in any market. 

Contact me anytime if you are interested in information about other towns or specific properties.
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