In our last few blog posts on this issue, we’ve been hesitant to pop the champagne bottles and fully celebrate the increased inventory we’ve been seeing this spring. All we really had to compare it to was last year’s dreadful winter, and we just didn’t want to get our hopes up. But this month, there’s… Read More
What’s new in the March stats and trends? Not much, as the story continues to be that of low inventory and bidding wars on hot, well-priced homes. While the number of homes for sale in Cook County was up 8% month-over-month, the jump in demand outpaced that of supply, as the number of homes sold… Read More
Year-over-year, the number of single family homes for sale in Middlesex County increased by a normally substantial 30%, but as we said last month, the big jump is more a reminder of last year’s terrible winter than a representation of what a fantastic spring we’re having. With sales on the rise from last year (by… Read More
With all we’ve been hearing about massive inventory shortages across the country, and things not feeling much different here, it is surprising to see that inventory in the Boston area has actually increased substantially both month-over-month and year-over-year. In Middlesex County, the number of single family homes for sale last month was up 29.1% from… Read More
“Last month didn’t feel like February, but unusual has become the norm in this market,” explains Greg Whelan, Redfin Agent in Bucktown. The lack of quality inventory and the soaring demand made it seem more like a typical May or June. “Specifically, within Bucktown, where there were 25% fewer homes on the market last month… Read More
The news is pretty typical for the month of January: sale prices for single family homes (SFH) in almost every county across the area fell last month. This is what we expect to happen in the wake of the holidays and the season slowing down with the colder weather. But in DuPage County, prices increased… Read More
But the good news: winter is still nowhere in sight. The number of single family homes (SFH) sold in Middlesex County fell by a sharp 36.2% from December to January. But don’t be alarmed! All this really means is that December was much busier than normal and a reflection of the high-volume touring and offer writing months… Read More
Greetings, Redfinnians! This month we rolled out a new and improved version of our monthly insider report. “But where is it,” you ask. Ahh, well this new report is available via email-only, and was sent out to a group of registered users who have saved searches or favorites in select neighborhoods. We’ll be expanding the… Read More
Greetings, Redfinnians! This month we rolled out a new and improved version of our monthly insider report. “But where is it,” you ask. Ahh, well this new report is available via email-only, and was sent out to a group of registered users who have saved searches or favorites in select neighborhoods. We’ll be expanding the… Read More
Greetings, Redfinnians! As promised, this month we rolled out a new and improved version of our monthly insider report. “But where is it,” you ask. Ahh, well this new report is available via email-only, and was sent out to a group of registered users who have saved searches or favorites in the Ballard area. If… Read More