Real Estate
REMAX INTEGRA, New England Releases October 2015 Housing Report
Massachusetts showed an increase of 6.2% in total transactions year-over-year while pending sales were up 11.6% over October 2014.
The residential market in New England remained steady through October 2015, with a modest 3.8% increase in sales over October 2014. Across the region, pending sales were up 12% while average days on market decreased by nearly 11%.
Month-over-month, the market followed traditional seasonal trends with a 6.6% decrease in sales and slight decreases in median price and pending sales.
“There was little movement in the October market other than typical season declines in units & inventory,” said Dan Breault, EVP/Regional Director of RE/MAX INTEGRA, New England. “We’re seeing a strong market even as we move into the slower season.”