Boston Market Update
May 2018

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!

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