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More homes hitting the market

Posted by Scott Van Voorhis  May 2, 2012 06:24 AM
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This spring has seen a flood of homes hitting the market in Greater Boston.

Like the recent rains, it is a badly needed inundation for a parched real estate landscape dominated by overpriced homes in need of work. It's still tough out there, but at least there are more homes to check out.

So where to look?

Suffolk County, which is mainly Boston and a couple inner suburbs/cities, saw the biggest inventory bump, rising 35.6 percent, Redfin notes.

Middlesex County, which includes the western suburbs, came in a close second, with a 32.6 percent rise in listings in March.

Here are some of the towns and cities that have seen the most homes hit the market so far this spring.

I am going to lift here from the note sent to me by my friendly Redfin contact, Alex.

Suburbs
o Reading: 78.1% increase
o Arlington: 76.0%
o Belmont: 74.7%
o Cambridge: 66.5%
o Lexington: 56.1%

Within Boston
o Jamaica Central: 73.8%
o Cleveland Circle: 73.1%
o Oak Square: 63.2%
o Upper Washington: 58.7%
o Jamaica Plain: 58.6%


Happy house hunting!


This blog is not written or edited by Boston.com or the Boston Globe.
The author is solely responsible for the content.
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About boston real estate now
Scott Van Voorhis is a freelance writer who specializes in real estate and business issues.
Rona Fischman is a buyer's agent who provides a look at the local housing scene, from basements to attics.

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