Boston Market Update
What The Data Tells Us
- We are currently in a Buyer's Market. This means that the inventory on the market is predicted to last 6 months or longer.
- The current average is 183 Days On Market(DOM)
- There is high inventory right now - which is a great time for Buyers to find there ideal home and negotiate well.
- This may not last. If you look back at last May 2017 Market Update, you will see that this same trend occurred and shifted quickly in June and July.
- What this means? Buyer's may want to act now to get a great deal on a home - and Sellers may want to start thinking about decluttering and small home improvement for the when the market shifts.
Wonder what these numbers mean for you?
We can explain!