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Hottest markets for sellers

Posted by Scott Van Voorhis May 12, 2014 09:58 AM

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Apparently homes in Greater Boston are not only crazy expensive, but they also sell pretty darn fast as well.

Middlesex County, which covers a big chunk of Boston's western and northern suburbs, is a great place to be - if you are seller that is.

Buyers are shelling out the big bucks for homes in Middlexsex County, which stretches west from Newton out to Hopkinton and Littleton south to Sherborn. The median price hit nearly $400,000 in April, up by more than 6 percent from April, 2013, The Warren Group reports.

However, most sellers in Middlesex County can expect to find a buyer in two months or less, a new report by Trulia finds.

In fact, the number of homes in Middlesex County on the market for at least two months dropped to 46 percent in April, down from 52 percent in April 2013, Trulia reports.

That makes Middlesex County No. 10 on Trulia's  "lightning fast" housing markets. That puts us roughly in the same league as Seattle, San Diego and Los Angeles, though not nearly as fast as Oakland and San Jose, according to Trulia.

Just 29 percent of the homes on the market in Oakland in April had been hanging around for two months or more, with that number just a wee bit higher in San Jose, at 31 percent.

Blame it on the techies I guess, not that we don't have our fair share around here.


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.

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