Real Estate Tides Are Turning!

Happy New Year to the Real estate market!

Wow! What a week end it was for both buyers and sellers! For many sellers this past week-end brought double digit numbers to the Open Houses. There were so many buyers out there looking.

A home open in Norwood had over 50 parties through! Is that crazy? Another agent was writing up 6 offers! Another agent had 4 offers on 1 house! Generally speaking, the price point that is so hot here in Medfield is under $650,000.

3 Houses went under agreement in Medfield. 43 homes are available.

This is a new year and a very positive start for real estate in our area. Buyers may be getting a reality check with the competition and less inventory. Which brings me to my next point; we need more inventory to satisfy the need of buyers. Having only 43 homes on the market is very low inventory.

So if you are thinking of making a move, get your home in tip top condition because the buyers are out looking for their new home.