Why Every Seller Who Wants To Sell This Spring Should List Now!

Pending Sales Are Outpacing Homes Listed

Every spring for the last three years we have looked back at winter and thought that the inventory of homes for sale could never get lower than that again. Well it has gone lower once again! This past Saturday, inventory of homes for sale across Massachusetts, was lower than it was a year ago, which if you remember was the snowiest month in the history of Massachusetts.

But why? Is no one listing their homes for sale? Nope! Actually, more people have listed their homes for sale between January 1st and February 15th this year (9,397) than the exact same time period last year (7,918) resulting in a 17% increase.

So if more homes have been listed for sale how could there be less on the market? There are two reasons:

First, we started the year with fewer homes for sale than last year. On January 1st 2016 there were 16,788 homes for sale compared to 17,320 homes for sale on January 1st 2015. That represents a 3% decrease.

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