We asked our real estate experts, "What is happening in your neck of the woods?"
Per Lanse Robb, #1 broker on the North Shore since 1992 for the high-end market, "this has been a strong year". High-end sales are up from 264 to 319 in Essex County (defined as above $750,000). Days on market are down from an average of 171 to 137 this year. [...]
The LandVest High-End Market Watch is a periodic review of select high-end markets in Maine, Massachusetts, New Hampshire, Vermont, and the Adirondacks. Market data are collected from Multiple Listing Services and do not include private listings. LandVest makes no representation as to the accuracy of the data and therefore is not [...]
Sales by Town, $2,000,000+, Year End, 2000-2013
Nine of the 54 cities and towns in Middlesex County, Massachusetts, had high-end sales in 2013: Belmont (5), Cambridge (23), Concord (17), Lexington (12), Lincoln (5), Newton (49), Wayland (2), Weston (26), and Winchester (3). For the first time Newton has become the sales leader for the [...]
January 2014
In the last year, Maines high-end real estate market showed some improvement over the previous year. In select markets around the country (such as Marin County, Miami, the Hamptons, and in-town Boston), the upper end of the market has made a solid recovery. While we havent seen such a dramatic reversal here yet, were optimistic [...]
Active Listings & Sales, $2,000,000+, Q1-Q3, 2000-2013
In Middlesex County, Massachusetts, in the first three quarters of 2013 the inventory of high-end listings grew to 183 compared 146 at the end of the third quarter in 2012. This is also above the first three quarters average since 2000 of 147 listings. 21 of these listings are above [...]
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