"Real estate is local" is so true. I was at a Women's Councel of Realtors conference recently, and heard both tales of woe and great success stories from my colleagues across the country.
In Massachusetts, house sales are mixed, dependng on what town you are talking about.
Take Acton, for example. Although the median sales price is down by 7.1% year over year, homes are selling faster, from an average of 94 days on market to an average of 77 (-18%).
The spring market is better too, up 10% in the number of single family homes sold May 1 to July 17 this year over last year, still selling in fewer days, although 5.5% below last years median price.
Bottom line: in Acton, properties that show well and are priced right are selling! In neighboring towns of Boxborough and Carlisle, the story is even better: median prices are up for the spring market!