The Lynnfield Housing Report for September 2013 saw a 5% increase in homes for sale compared to August, yet turn-key homes priced right still sold quickly. Open house traffic dropped significantly from the spring, with 10-15 people attending on average instead of 40-50 previously. Bidding wars continued for homes priced correctly, but with fewer offers of 2-3 compared to the 10-15 seen earlier.
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Lynnfield Housing Report, September 2013
1. RE/MAXLEADING EDGE
LYNNFIELD HOUSING REPORT
SEPTEMBER 2013
More Homes For Sale?
Buyers were hoping for more homes to come on the market after Labor Day and even though we saw an
increase, the turn key homes priced right, sold in a weekend. In Lynnfield, we’re seeing a 5% increase in the
number of homes for sale.
Open House Traffic
First-time open house traffic is dramatically down from this Spring. Instead of seeing 40-50 people at the first
two open houses, we’re seeing 10-15.
Bidding Wars
Bidding wars are still happening with homes that are priced correctly. Instead of seeing 10-15 offers, we’re
seeing 2-3.
# OF HOUSES 4 SALE
SEPT AUG
+5%CHANGE
IN # OF HOUSES
FOR SALE
MLS Data: Aug - 7/13/13-8/10/13, Sept - 8/11/13 - 9/11/13
More Homes for Sale Finally??
