5 Year Real Estate Market Trend – West Suburban Boston Area

JCT Blue Market Trend

The past 5 years sold market information indicate strong real estate growth in many neighboring communities west of Boston… Here are just a few towns within 10 mile of Boston.

Several factors have contributed average sales prices increasing in the Boston market place, including:

*Interest rates… In the past few years interest rates have remained low. This trend has created two thought processes, it’s a great time to buy and the fear of an increasing interest rate.

*Rental Leases… Rent or Leasing rates have not softened, giving consumers thought that buying makes sense at some point

*Inventory… the inventory of good homes remains low, creating continued competitions for quality properties on market

 Woburn - 2016 SFH Winchester - 2016 SFH Waltham - 2016 SFH Somerville - 2016 SFH Newton - 2016 SFH Lexington - 2016 SFH Cambridge - 2016 SFH Belmont - 2016 SFH Arlington - 2016 SFH Watertown - 2016 SFH

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