Medford MA Housing Report, May 2013: Inventory Shortage! RE/MAX Leading Edge

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There is a 10 year low of available real estate inventory for sale in Medford MA. In fact, there are 65% fewer homes available for sale in 2013 than there was in 2012.

To obtain information on the value of your home, please call Laurie Randazzo at 617-512-4581 or email: laurie@homesnorthofboston.com

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Medford MA Housing Report, May 2013: Inventory Shortage! RE/MAX Leading Edge

  1. 1. RE/MAXLEADING EDGEMONTHLY HOUSING REPORT MAY 2013HOMES FOR SALE BY QUARTER 65% LESSHomes for Sale in2013 vs. 2012!MEDFORD HOUSING INVENTORY SHORTAGE!TEN YEAR LOW IN AVAILABLE HOMES FOR SALESELLERS: Equipped with the proper game plan, sellers are finding success they haven’t enjoying in severalyears. Many who tried to sell last winter are now finding their homes with open house attendance of 50+people and beneficiaries of frenzied bidding wars.BUYERS: Medford home buyers find themselves frustrated in losing out on properties that sell within hours ofbeing listed on the MLS or falling victim to ineffective strategy on winning bidding wars.Broker/Owner of RE/MAX Leading Edge, Paul Mydelski, explains, “Medford’s resurgent town center, proximityto local universities and access to downtown Boston makes it one of the most active markets in MetroBoston.Three years of ‘pent-up’ demand and historically low interest rates have given buyers the confidence toboldly move forward at this time.”

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