Buying and Selling a home in the Greater Boston Area

3 things you need to know about Lexington MA real estate.

Posted by Avenue 3 Real Estate on Thu, Jun 23, 2011

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JUNE 22, 2011

Week In Review

Is Lexington MA on your short list of places you'd like to live? If so, you may find this info interesting.
3 Things you need to
know about th
e Lexington MA single family real estate market
  1. 62 of the 162 current listings are over $1,000,000
  2. 8 of the 15 under agreement properties from last week are over $1,000,000 and
  3. 30 of the 138 sold properties within the last 6 months sold for over $1,000,000

 Can you find single family listings for under $1,000,000?  Currently there are 84 active listings with an average list price 0f $646,000 and you 

   can view all of these Lexington properties here:  Avenue 3 Property Search Lexington MA  and soon you may find that your new home is represented in the pending sales report below....
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and here are the pending sale numbers for all the towns we track weekly:

total number of offers accepted for all property categories 06.12.11 - 06.19.11
For community resources, trending topics or to search for homes click on the town name ...  

First # under agreement for this week, second # "WIR"  last week....

 Arlington 12 / 16
Belmont   7 / 9
Boston 133 / 142
Cambridge 26 / 30
Concord 6 / 10
Lexington 15 / 12
 Lincoln   2 / 0
Medford 12 /12
Waltham 6 / 9
 Watertown 13
Winchester 6 / 5

What do the above numbers mean? If you are a regular viewer of "Week in Review" the Boston and Metro West under agreement numbers remain relatively consistent week to week...Boston jumps up/down by 10% - 25% week to week.  One or two towns in Metro West will jump up/down by 3 - 10 properties week to week.  This is all good news for the above towns and cities. 

Connect with us on our Facebook Page . We post daily updates and information on all things real estate in and around the Boston area. See you there!

Topics: home sales, pending sales, Lexington MA

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