Many of our blog readers think we are in a recession. I’m not here to agree or disagree but one thing is certain the real estate market is still strong.
The following are stats from MLS based on the last 7 days
The total number of transactions under agreement in MA. -1,238
The total number of real estate transactions that sold – 599
The total number of Boston transactions under agreement – 98
The total number of Boston real estate transactions sold – 55
The average days on the market before selling – 77 (less than 3 months in Boston)
How do I feel as a broker about the real estate market? It can best be summed up with the latest McDonald’s slogan:
“i’m lovin it”