Northbridge checks in with a big surprise - a jump in prices. Let's see what happened:
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Prices jumped, but the HSI is just "OK" - 110. What gives? That doesn't usually …
View MoreNorthbridge is chugging along. We see some trends here that have been noted throughout the region. Very active market for the last 3 months, falling DOM for actives as a number of new listings hit the market (134 down from 196). Falling prices …
View MoreTaking a peek at Northbridge real estate, we see improving trends for existing home sales. Remember, there's a lot of new construction being marketed in Northbridge, so these reports always look softer than they are.
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Rising Prices show demand, even … |
Well, we have some interesting elements in Northbridge. A sign of things to come or no? Let's see what we've got....
Can’t see the chart? You can find it Here .
Let's start with the big news - we …
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Northbridge is improved, with a record HSI, breaking 100 for the first time, and the sales have been strong enough to push down the days on market for all properties, sold and listed. Prices are up sharply, showing that the rise in …
View MoreThings in Northbridge for Home Sellers are definitely picking up, as we see the HSI move from an unimpressive 79 to a more encouraging 86. Buyers can still find values in Northbridge, but prices seem to be on the rise. Also, with …
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Northbridge has improved slightly, with sales outpacing actives for the first time. Sales have stayed strong through the fall, and inventory has fallen, which is producing the slight better numbers for sellers (and tougher for buyers).
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As noted in previous reports, Northbridge has been saddled with extra inventory, and that's kept prices down, as the new construction sets the market. But even in Northbridge, buyers made a big move this spring, and drove sales transactions up significantly …
View MoreWell, it looks like not all Home Sellers of Metrowest are enjoying 2012. Northbridge continues to suffer under the weight of the new construction that is creating supply the buyers can't seem to eat through. Homes for Sale increase another 9 homes …
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Northbridge offers a report that's little changed from the last report. We have some new construction moving slowly through the statistics, and the market is unlikely to tighten until that's all absorbed. (There's about 24 new construction homes in the …
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