Shrewsbury has the highlights that we have seen come in to sharp relief in the past couple of weeks.
-Increasing inventory, but still low
-Steady price action
-Surge of activity in the last 3 months, but very little the first three.
Can’t …
View MoreShrewsbury is up, and as one of the larger towns we cover, is usually a good barometer of the mood out there for buyers and sellers. Here's what we see:
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The Home Selling Index is down - but with very little to buy … |
Shrewsbury continues to see home buyers keep the pressure on. With home inventories falling, prices are moving up, and that's all in this report. As noted elsewhere, you can't often have a HSI above 140 without rising home values, and we …
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I remember the days, back in the doldrums, when Shrewsbury had over 400 active listings. It's not on the chart, it was before I began blogging, but it wasn't that long ago. 2006 maybe? 2007?
Those days are long …
View MoreAt first blush, one might think the Shrewsbury market is cooling off. And I do think in January and some February, it did just that, as a lack of properties drove the sales numbers quite a bit down (the yellow line on …
View MoreShrewsbury tightens up - are prices headed up too? That's the big question we're confronted with with this report. If you look at the chart, there's clearly been momentum all through fall, as inventory has dwindled and sales have continued to …
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Another strong report for Metrowest home sellers. Unlike past springs, we've really seen strong numbers across the whole region, as buyers are pushing west, north, south to both find selection and values that they embrace. Shrewsbury continues that trend. Shrewsbury had …
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The Home Seller's Index moved up just one to 77 - but all the metrics are trending positive, and the market is much more positive than it might appear for sellers. This will be apparent in the next report when the "active pendings …
View MoreI like helping customers find houses that are in great shape. It's not as easy as it sounds, most homes have at least a few items that are going to require maintenance in the near term. This home however is in great shape, I hope the new owners will …
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As we've seen in many other towns, lack of inventory is strangling the market in Shrewsbury. Transactions are falling quickly, but with only 140 properties on the market, transaction volume has little choice but to retreat.
Having said that, there does …
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