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The Real Estate Market in the Greater Boston Area is Strong and Healthy

By
Real Estate Agent with William Raveis Real Estate and Home Services

Lexington Ma. rocking and rolling upwards. Through May of 2010 total volume is up 81% over the same time period last yr. Average sales price hovers in around 800K. Solds over $1,000,000 up 57% vs. 2009 sales in the same price range. Avg. days on market decreased from 113 to 96 with many properties being sold at higher than original list price. What does this mean? Bid wars are not uncommon here in Lexington the most active area of brisk sales occurs under the 1million mark.

12 miles from Boston,Historically significant,beautifully maintained,wonderful town amenities,close to all commuting locations Rt. 95/128 and Rt. 2, Good schools,and a wonderful sense of community have kept Lexington on the top choice list of most people moving to Massachusetts.

(Source of statistics are William Raveis as seen in Boston Magazine)