Real Estate Market Update - May 2011

Although this spring feels somewhat slower than last year with the tax credit, in reality, it is about the same. The chart below shows the number of sales and under agreements Jan-May, for the composite of the local towns going back to 2000. It is amazing to see how many more homes sold in 2000 and 2002. Ah, I guess those were the good old days! At least the local real estate market appears to be steady which is not true in other parts of the country. (Towns included, Acton, Bedford, Boxborough, Carlisle, Concord, Maynard, Stow & Sudbury)

Source: mlspin.com