Real Estate Stats: Winchester, Arlington, Lexington, Belmont, Stoneham, Woburn and Medford for the Period Ending July 15th, 2010
Please click the link below to find the Current Month Supply chart of Single Family homes for North of Boston Real Estate. Sven and his team have compiled this data using the local MLS Property Information Network and documented the data in the easy to read chart.
http://www.northofbostonrealestate.com/agent_files/2010_July_MarketStats.pdf
Please Note: The current month supply of homes on the market is defined as the ratio of the current inventory of active listings compared to sales. In other words, given recent sales activity, one can estimate how long it would take for the entire inventory of active listings to sell, assuming no new listings were to appear on the market. For example, if the chart reads that Winchester has a current month supply of 3.0, this tells us that based on the historical data; it will take about 3 months to sell all of the current active listings, without adding any new homes for sale.
If you should have any questions regarding any of the information below call Sven today at 781.625.4249 he will be more than happy to help!
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