2016 mid year market report

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Here is the housing report skinny from Linda O’Koniewski, CEO of RE/MAX Leading Edge. “The lack of inventory is feeding on itself. Folks are reluctant to put their house on the market to trade up or down if they are fearful a quality and worthy house won’t come along, or if it does, that they won’t be able to buy it because of competition. So that’s another house that isn’t up for sale in our market.” Additionally, reports O’Koniewski, “Anecdotal reports of buyer remorse from our agents is at an all-time high. Buyers are second guessing what they are paying and how they had to give up some of their protection to secure a property. Homes with home inspections are falling apart, not because of unusual problems, because we are reselling them with full disclosure, but because buyers are suering from commitment phobia. Almost like the single guy who finds the right woman, but just can’t go down the aisle. Our yenta skills are being challenged, as we resell the same home three or four times.” Here’s the data…According to the RE/MAX Leading Edge Mid-Year Housing Report, lack of inventory has caused a decrease in overall housing sales. Sales of combined condo and single family homes in Massachusetts decreased 5.8% year-over-year.  Inventory is down 15.5% year-over-year and prices have remained unchanged.  MASSACHUSETTS OVER THE PAST 6 MONTHS LEADING EDGE 2016 MID-YEAR MARKET REPORT Source: Single Family Sales, Active & Pending Trends for all of MA extracted on (06/13/16) via imaxwebsolutions.com Current period: 1/1/15-6/10/16 UNITS SOLD 26,893 -5.8% INVENTORY 64,072 -15.5% DAYS ON MARKET 81 -1.2% MEDIAN SALE $ $335,000 0% PENDING SALES 32,922 -3.6%

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Page 1: 2016 Mid Year Market Report

Here is the housing report skinny from Linda O’Koniewski, CEO of RE/MAX Leading Edge. “The lack of inventory is feeding on itself. Folks are reluctant to put their house on the market to trade up or down if they are fearful a quality and worthy house won’t come along, or if it does, that they won’t be able to buy it because of competition. So that’s another house that isn’t up for sale in our market.”

Additionally, reports O’Koniewski, “Anecdotal reports of buyer remorse from our agents is at an all-time high. Buyers are second guessing what they are paying and how they had to give up some of their protection to secure a property. Homes with home inspections are falling apart, not because of unusual problems, because we are reselling them with full disclosure, but because buyers are su!ering from commitment phobia. Almost like the single guy who finds the right woman, but just can’t go down the aisle. Our yenta skills are being challenged, as we resell the same home three or four times.”

Here’s the data…According to the RE/MAX Leading Edge Mid-Year Housing Report, lack of inventory has caused a decrease in overall housing sales. Sales of combined condo and single family homes in Massachusetts decreased 5.8% year-over-year.  Inventory is down 15.5% year-over-year and prices have remained unchanged.  

MASSACHUSETTS OVER THE PAST 6 MONTHS

LEADING EDGE

2016 MID-YEAR MARKET REPORT

Source: Single Family Sales, Active & Pending Trends for all of MA extracted on (06/13/16) via imaxwebsolutions.com Current period: 1/1/15-6/10/16

UNITS SOLD 26,893

-5.8%

INVENTORY 64,072

-15.5%

DAYS ON MARKET 81

-1.2%

MEDIAN SALE $ $335,000

0%

PENDING SALES 32,922

-3.6%

Page 2: 2016 Mid Year Market Report

UNITS

-20.7%

MEDIAN $

+7.8%

MEDIAN $

-14.5%

UNITS

-17.7%

BACK BAY 2016 2015

BEACON HILL 2016 2015

CHARLESTOWN 2016 2015

DORCHESTER 2016 2015

UNITS 153 186

INVENTORY 327 373

DOM 63 51

MEDIAN $ $1,025,000 $1,200,000

PENDING 173 221

UNITS 65 82

INVENTORY 153 151

DOM 51 47

MEDIAN $ $799,000 $740,650

PENDING 77 84

UNITS 94 82

INVENTORY 182 236

DOM 43 39

MEDIAN $ $680,000 $651,250

PENDING 128 173

UNITS 94 86

INVENTORY 181 228

DOM 45 60

MEDIAN $ $371,000 $345,000

PENDING 103 120

MEDIAN $

+4.4%

UNITS

-36%

UNITS

+9.3%

MEDIAN $

+7.5%

BOSTON MID-YEAR REPORT

LEADING EDGE

53 Hereford Street, Boston | 617.262.8200

LeadingEdgeAgents.com

Source: MLSPIN via imaxwebsolutions.  Condo & Single Family Trends for periods 6/10/16.

Page 3: 2016 Mid Year Market Report

UNITS

-6%

MEDIAN $

+15.9%

MEDIAN $

+5.9%

UNITS

-14.2%

FENWAY 2016 2015

NORTH END 2016 2015

ROXBURY 2016 2015

SEAPORT 2016 2015

UNITS 30 35

INVENTORY 54 52

DOM 30 17

MEDIAN $ $492,500 $465,000

PENDING 35 39

UNITS 31 33

INVENTORY 54 62

DOM 37 38

MEDIAN $ $574,000 $495,000

PENDING 40 41

UNITS 17 7

INVENTORY 48 27

DOM 68 126

MEDIAN $ $335,000 $290,000

PENDING 18 8

UNITS 15 21

INVENTORY 49 42

DOM 40 57

MEDIAN $ $1,499,000 $945,000

PENDING 31 28

MEDIAN $

+15.5%

UNITS

+142.8%

UNITS

-28.5%

MEDIAN $

+58.6%

BOSTON MID-YEAR REPORT

LEADING EDGE

53 Hereford Street, Boston | 617.262.8200

LeadingEdgeAgents.com

Source: MLSPIN via imaxwebsolutions.  Condo & Single Family Trends for periods 6/10/16.

Page 4: 2016 Mid Year Market Report

UNITS

-17.3%

MEDIAN $

+12%

MEDIAN $

+5%

UNITS

-10.7%

SOUTH END 2016 2015

SOUTH BOSTON 2016 2015

WATERFRONT 2016 2015

WEST ROXBURY 2016 2015

UNITS 225 252

INVENTORY 395 447

DOM 39 43

MEDIAN $ $840,000 $800,000

PENDING 280 317

UNITS 229 277

INVENTORY 384 552

DOM 47 49

MEDIAN $ $610,500 $545,000

PENDING 277 356

UNITS 58 62

INVENTORY 139 129

DOM 61 66

MEDIAN $ $849,000 $856,500

PENDING 67 77

UNITS 112 130

INVENTORY 199 230

DOM 49 48

MEDIAN $ $460,000 $425,000

PENDING 135 159

MEDIAN $

-0.8%

UNITS

-6.4%

UNITS

-13.8%

MEDIAN $

+8.2%

BOSTON MID-YEAR REPORT

LEADING EDGE

53 Hereford Street, Boston | 617.262.8200

LeadingEdgeAgents.com

Source: MLSPIN via imaxwebsolutions.  Condo & Single Family Trends for periods 6/10/16.

Page 5: 2016 Mid Year Market Report

MEDIAN SALE PRICE -2.3%

AVERAGE DAYS ON MARKET +5.8%

PENDING SALES -11.1%

NUMBER OF UNITS SOLD -19.3%2016

2015

TOTAL INVENTORY -8%1 10 100

100 UNITS

124 UNITS

ARLINGTON MID-YEAR REPORT | SINGLE FAMILIES

2016

2015

184 UNITS

200 UNITS

2016

2015

1000 1000000

$673,500

$689,500

2016

2015

36 DAYS

34 DAYS

2016

2015

10 100

143 UNITS

161 UNITS

319 Massachusetts Ave, Arlington | 781.643.0430

LeadingEdgeAgents.com LEADING EDGE

Source: MLSPIN via imaxwebsolutions.  Single Family Trends for period ending 6/10/16.

Page 6: 2016 Mid Year Market Report

MEDIAN SALE PRICE +6.4%

AVERAGE DAYS ON MARKET 0%

PENDING SALES -4%

NUMBER OF UNITS SOLD +9.2%2016

2015

TOTAL INVENTORY -3.3%10 100

1 18 UNITS

108 UNITS

ARLINGTON MID-YEAR REPORT | CONDOMINIUMS

2016

2015

174 UNITS

180 UNITS

2016

2015

1000 1000000

$504,750

$474,300

2016

2015

22 DAYS

22 DAYS

2016

2015

10 100

142 UNITS

148 UNITS

319 Massachusetts Ave, Arlington | 781.643.0430

LeadingEdgeAgents.com LEADING EDGE

Source: MLSPIN via imaxwebsolutions. Condo Trends for period ending 6/10/16.

Page 7: 2016 Mid Year Market Report

MEDIAN SALE PRICE +5%

AVERAGE DAYS ON MARKET 0%

PENDING SALES -28.5%

NUMBER OF UNITS SOLD -14.8%2016

2015

TOTAL INVENTORY -18.1%10 100

46 UNITS

54 UNITS

BELMONT MID-YEAR REPORT | SINGLE FAMILIES

2016

2015

99 UNITS

121 UNITS

2016

2015

1000 1000000

$935,000

$890,000

2016

2015

55 DAYS

55 DAYS

2016

2015

1 10 100

60 UNITS

84 UNITS

LeadingEdgeAgents.com LEADING EDGE

Source: MLSPIN via imaxwebsolutions. Single Family Trends for period ending 6/10/16.

Page 8: 2016 Mid Year Market Report

MEDIAN SALE PRICE +7.7%

AVERAGE DAYS ON MARKET +10.5%

PENDING SALES -13.4%

NUMBER OF UNITS SOLD -9.5%2016

2015

TOTAL INVENTORY -14.6%10 100

38 UNITS

42 UNITS

BELMONT MID-YEAR REPORT | CONDOMINIUMS

2016

2015

64 UNITS

75 UNITS

2016

2015

1000 1000000

$520,000

$482,750

2016

2015

42 DAYS

38 DAYS

2016

2015

10 100

45 UNITS

52 UNITS

LeadingEdgeAgents.com LEADING EDGE

Source: MLSPIN via imaxwebsolutions. Condo Trends for period ending 6/10/16.

Page 9: 2016 Mid Year Market Report

MEDIAN SALE PRICE +2.2%

AVERAGE DAYS ON MARKET +5.1%

PENDING SALES -33.3%

NUMBER OF UNITS SOLD +28.5%2016

2015

TOTAL INVENTORY -35.2%1 10 100

9 UNITS

7 UNITS

BELMONT MID-YEAR REPORT | MULTI FAMILIES

2016

2015

1 1 UNITS

17 UNITS

2016

2015

1000 1000000

$900,000

$880,000

2016

2015

41 DAYS

39 DAYS

2016

2015

1 10 100

8 UNITS

12 UNITS

LeadingEdgeAgents.com LEADING EDGE

Source: MLSPIN via imaxwebsolutions. Multi Family Trends for period ending 6/10/16.

Page 10: 2016 Mid Year Market Report

MEDIAN SALE PRICE +21.1%

AVERAGE DAYS ON MARKET +2.9%

PENDING SALES -29.5%

NUMBER OF UNITS SOLD -26.9%2016

2015

TOTAL INVENTORY -14.9%1 10 100

38 UNITS

52 UNITS

CAMBRIDGE MID-YEAR REPORT | SINGLE FAMILIES

2016

2015

91 UNITS

107 UNITS

2016

2015

1 1000 1000000

$1,712,500

$1 ,413,500

2016

2015

35 DAYS

34 DAYS

2016

2015

1 10 100

50 UNITS

71 UNITS

LeadingEdgeAgents.comLEADING EDGE

Source: MLSPIN via imaxwebsolutions. Single Family Trends for period ending 6/10/16.

Page 11: 2016 Mid Year Market Report

MEDIAN SALE PRICE +16.2%

AVERAGE DAYS ON MARKET -6.4%

PENDING SALES -4.4%

NUMBER OF UNITS SOLD -6.1%2016

2015

TOTAL INVENTORY -7.7%10 100

230 UNITS

245 UNITS

CAMBRIDGE MID-YEAR REPORT | CONDOMINIUMS

2016

2015

407 UNITS

441 UNITS

2016

2015

1000 1000000

$715,000

$615,000

2016

2015

29 DAYS

31 DAYS

2016

2015

10 100

304 UNITS

318 UNITS

LeadingEdgeAgents.comLEADING EDGE

Source: MLSPIN via imaxwebsolutions. Condo Trends for period ending 6/10/16.

Page 12: 2016 Mid Year Market Report

MEDIAN SALE PRICE +4.4%

AVERAGE DAYS ON MARKET +3%

PENDING SALES 0%

NUMBER OF UNITS SOLD +11.4%2016

2015

TOTAL INVENTORY +11.4%10 100

39 UNITS

35 UNITS

CAMBRIDGE MID-YEAR REPORT | MULTI FAMILIES

2016

2015

78 UNITS

70 UNITS

2016

2015

1000 1000000

$1,201 ,500

$1 ,150,000

2016

2015

34 DAYS

33 DAYS

2016

20151 10 100

43 UNITS

43 UNITS

LeadingEdgeAgents.comLEADING EDGE

Source: MLSPIN via imaxwebsolutions. Multi Family Trends for period ending 6/10/16.

Page 13: 2016 Mid Year Market Report

MEDIAN SALE PRICE +23.2%

AVERAGE DAYS ON MARKET +9%

PENDING SALES -29.9%

NUMBER OF UNITS SOLD -29.1%2016

2015

TOTAL INVENTORY -20.9%1 10 100

107 UNITS

151 UNITS

LEXINGTON MID-YEAR REPORT | SINGLE FAMILIES

2016

2015

272 UNITS

344 UNITS

2016

2015

1 1000 1000000

$1,232,000

$1 ,000,000

2016

2015

72 DAYS

66 DAYS

2016

2015

1 10 100

143 UNITS

204 UNITS

1756 Massachusetts Avenue, Lexington | 781.325.7002

LeadingEdgeAgents.com LEADING EDGE

Source: MLSPIN via imaxwebsolutions. Single Family Trends for period ending 6/10/16.

Page 14: 2016 Mid Year Market Report

MEDIAN SALE PRICE +5%

AVERAGE DAYS ON MARKET -16.6%

PENDING SALES -35.5%

NUMBER OF UNITS SOLD -34.5%2016

2015

TOTAL INVENTORY -30.5%1 10 100

36 UNITS

55 UNITS

LYNNFIELD MID-YEAR REPORT | SINGLE FAMILIES

2016

2015

91 UNITS

131 UNITS

2016

2015

1000 1000000

$593,500

$565,000

2016

2015

75 DAYS

90 DAYS

2016

2015

1 10 100

49 UNITS

76 UNITS

590 Main Street, Lynnfield | 781.334.4990

LeadingEdgeAgents.com LEADING EDGE

Source: MLSPIN via imaxwebsolutions. Single Family Trends for period ending 6/10/16.

Page 15: 2016 Mid Year Market Report

MEDIAN SALE PRICE +2.1%

AVERAGE DAYS ON MARKET +10%

PENDING SALES -19%

NUMBER OF UNITS SOLD -20.4%2016

2015

TOTAL INVENTORY -27.7%1 10 100

97 UNITS

122 UNITS

MEDFORD MID-YEAR REPORT | SINGLE FAMILIES

2016

2015

156 UNITS

216 UNITS

2016

2015

1000 1000000

$481,000

$471 ,000

2016

2015

44 DAYS

40 DAYS

2016

2015

1 10 100

1 15 UNITS

142 UNITS

LeadingEdgeAgents.com LEADING EDGE

Source: MLSPIN via imaxwebsolutions. Single Family Trends for period ending 6/10/16.

Page 16: 2016 Mid Year Market Report

MEDIAN SALE PRICE +9.4%

AVERAGE DAYS ON MARKET -10%

PENDING SALES +4.1%

NUMBER OF UNITS SOLD -20.9%2016

2015

TOTAL INVENTORY -2.8%1 10 100

68 UNITS

86 UNITS

MEDFORD MID-YEAR REPORT | CONDOMINIUMS

2016

2015

136 UNITS

140 UNITS

2016

2015

1000 1000000

$416,000

$380,140

2016

2015

36 DAYS

40 DAYS

2016

2015

10 100

100 UNITS

96 UNITS

LeadingEdgeAgents.com LEADING EDGE

Source: MLSPIN via imaxwebsolutions. Condo Trends for period ending 6/10/16.

Page 17: 2016 Mid Year Market Report

MEDIAN SALE PRICE +2.2%

AVERAGE DAYS ON MARKET -17.3%

PENDING SALES +15%

NUMBER OF UNITS SOLD +41.3%2016

2015

TOTAL INVENTORY -6.2%1 10 100

41 UNITS

29 UNITS

MEDFORD MID-YEAR REPORT | MULTI FAMILIES

2016

2015

60 UNITS

64 UNITS

2016

2015

1000 1000000

$616,000

$602,600

2016

2015

43 DAYS

52 DAYS

2016

2015

10 100

46 UNITS

40 UNITS

LeadingEdgeAgents.com LEADING EDGE

Source: MLSPIN via imaxwebsolutions. Multi Family Trends for period ending 6/10/16.

Page 18: 2016 Mid Year Market Report

MEDIAN SALE PRICE +11.7%

AVERAGE DAYS ON MARKET +25.7%

PENDING SALES -1.6%

NUMBER OF UNITS SOLD +24.3%2016

2015

TOTAL INVENTORY -14.2%1 10 100

102 UNITS

82 UNITS

MELROSE MID-YEAR REPORT | SINGLE FAMILIES

2016

2015

150 UNITS

175 UNITS

2016

2015

1000 1000000

$546,000

$488,500

2016

2015

44 DAYS

35 DAYS

2016

2015

10 100

1 17 UNITS

119 UNITS

536 Main Street, Melrose | 781.979.0100

LeadingEdgeAgents.com LEADING EDGE

Source: MLSPIN via imaxwebsolutions. Single Family Trends for period ending 6/10/16.

Page 19: 2016 Mid Year Market Report

MEDIAN SALE PRICE -2.8%

AVERAGE DAYS ON MARKET -13.4%

PENDING SALES -11.7%

NUMBER OF UNITS SOLD -21.1%2016

2015

TOTAL INVENTORY -9.8%1 10 100

205 UNITS

260 UNITS

NEWTON MID-YEAR REPORT | SINGLE FAMILIES

2016

2015

540 UNITS

599 UNITS

2016

2015

1000 1000000

$1,165,000

$1 ,198,568

2016

2015

45 DAYS

52 DAYS

2016

2015

10 100

292 UNITS

331 UNITS

294 Walnut Street, Newton | 617.244.4499

LeadingEdgeAgents.com LEADING EDGE

Source: MLSPIN via imaxwebsolutions. Single Family Trends for period ending 6/10/16.

Page 20: 2016 Mid Year Market Report

MEDIAN SALE PRICE -5.3%

AVERAGE DAYS ON MARKET +40.5%

PENDING SALES -27.9%

NUMBER OF UNITS SOLD -24.5%2016

2015

TOTAL INVENTORY -26%1 10 100

83 UNITS

110 UNITS

READING MID-YEAR REPORT | SINGLE FAMILIES

2016

2015

142 UNITS

192 UNITS

2016

2015

1 1000 1000000

$486,000

$513,250

2016

2015

52 DAYS

37 DAYS

2016

2015

1 10 100

98 UNITS

136 UNITS

248 Main Street, Reading | 781.944.6060

LeadingEdgeAgents.com LEADING EDGE

Source: MLSPIN via imaxwebsolutions. Single Family Trends for period ending 6/10/16.

Page 21: 2016 Mid Year Market Report

MEDIAN SALE PRICE +1.2%

AVERAGE DAYS ON MARKET +39.4%

PENDING SALES +8.5%

NUMBER OF UNITS SOLD +10.7%2016

2015

TOTAL INVENTORY -16.8%10 100

31 UNITS

28 UNITS

SOMERVILLE MID-YEAR REPORT | SINGLE FAMILIES

2016

2015

64 UNITS

77 UNITS

2016

2015

1000 1000000

$681,500

$673,300

2016

2015

53 DAYS

38 DAYS

2016

2015

10 100

38 UNITS

35 UNITS

20 Holland Street, Somerville | 617.623.1140

LeadingEdgeAgents.com LEADING EDGE

Source: MLSPIN via imaxwebsolutions. Single Family Trends for period ending 6/10/16.

Page 22: 2016 Mid Year Market Report

MEDIAN SALE PRICE +10.8%

AVERAGE DAYS ON MARKET -2.6%

PENDING SALES +1.4%

NUMBER OF UNITS SOLD +6.4%2016

2015

TOTAL INVENTORY 0%10 100

183 UNITS

172 UNITS

SOMERVILLE MID-YEAR REPORT | CONDOMINIUMS

2016

2015

303 UNITS

303 UNITS

2016

2015

1000 1000000

$609,650

$550,000

2016

2015

37 DAYS

38 DAYS

2016

2015

10 100

213 UNITS

210 UNITS

20 Holland Street, Somerville | 617.623.1140

LeadingEdgeAgents.com LEADING EDGE

Source: MLSPIN via imaxwebsolutions. Condo Trends for period ending 6/10/16.

Page 23: 2016 Mid Year Market Report

MEDIAN SALE PRICE +5%

AVERAGE DAYS ON MARKET +60.5%

PENDING SALES -1.3%

NUMBER OF UNITS SOLD -3.2%2016

2015

TOTAL INVENTORY -3.2%10 100

67 UNITS

60 UNITS

SOMERVILLE MID-YEAR REPORT | MULTI FAMILIES

2016

2015

120 UNITS

124 UNITS

2016

2015

1000 1000000

$900,000

$857,000

2016

2015

61 DAYS

38 DAYS

2016

2015

10 100

71 UNITS

72 UNITS

20 Holland Street, Somerville | 617.623.1140

LeadingEdgeAgents.com LEADING EDGE

Source: MLSPIN via imaxwebsolutions. Multi Family Trends for period ending 6/10/16.

Page 24: 2016 Mid Year Market Report

MEDIAN SALE PRICE -0.8%

AVERAGE DAYS ON MARKET -12.7%

PENDING SALES -12.2%

NUMBER OF UNITS SOLD -2.5%2016

2015

TOTAL INVENTORY -17.2%10 100

76 UNITS

78 UNITS

STONEHAM MID-YEAR REPORT | SINGLE FAMILIES

2016

2015

1 15 UNITS

139 UNITS

2016

2015

1000 1000000

$460,500

$464,250

2016

2015

55 DAYS

63 DAYS

2016

2015

10 100

79 UNITS

90 UNITS

LeadingEdgeAgents.com LEADING EDGE

Source: MLSPIN via imaxwebsolutions. Single Family Trends for period ending 6/10/16.

Page 25: 2016 Mid Year Market Report

MEDIAN SALE PRICE +3.6%

AVERAGE DAYS ON MARKET 0%

PENDING SALES -21.1%

NUMBER OF UNITS SOLD -2.5%2016

2015

TOTAL INVENTORY -31.7%1 10 100

78 UNITS

80 UNITS

WAKEFIELD MID-YEAR REPORT | SINGLE FAMILIES

2016

2015

127 UNITS

186 UNITS

2016

2015

1 10 100

$472,000

$455,500

2016

2015

43 DAYS

43 DAYS

2016

2015

1 10 100

82 UNITS

104 UNITS

25 Tuttle Street, Wakefield | 781.245.8100

LeadingEdgeAgents.com LEADING EDGE

Source: MLSPIN via imaxwebsolutions. Single Family Trends for period ending 6/10/16.

Page 26: 2016 Mid Year Market Report

MEDIAN SALE PRICE +9.3%

AVERAGE DAYS ON MARKET -9.8%

PENDING SALES -5.2%

NUMBER OF UNITS SOLD -11.2%2016

2015

TOTAL INVENTORY -14.9%10 100

134 UNITS

151 UNITS

WALTHAM MID-YEAR REPORT | SINGLE FAMILIES

2016

2015

227 UNITS

267 UNITS

2016

2015

1000 1000000

$508,500

$465,000

2016

2015

46 DAYS

51 DAYS

2016

2015

10 100

164 UNITS

173 UNITS

LeadingEdgeAgents.com LEADING EDGE

Source: MLSPIN via imaxwebsolutions. Single Family Trends for period ending 6/10/16.

Page 27: 2016 Mid Year Market Report

MEDIAN SALE PRICE +16.2%

AVERAGE DAYS ON MARKET +25%

PENDING SALES 0%

NUMBER OF UNITS SOLD 0%2016

2015

TOTAL INVENTORY -10.8%1 10 100

1 12 UNITS

112 UNITS

WALTHAM MID-YEAR REPORT | CONDOMINIUMS

2016

2015

180 UNITS

202 UNITS

2016

2015

1000 1000000

$436,000

$375,000

2016

2015

45 DAYS

36 DAYS

2016

2015

1 10 100

145 UNITS

145 UNITS

LeadingEdgeAgents.com LEADING EDGE

Source: MLSPIN via imaxwebsolutions. Condo Trends for period ending 6/10/16.

Page 28: 2016 Mid Year Market Report

MEDIAN SALE PRICE +6.4%

AVERAGE DAYS ON MARKET +47.3%

PENDING SALES -46.1%

NUMBER OF UNITS SOLD +47.8%2016

2015

TOTAL INVENTORY -30.9%1 10 100

12 UNITS

23 UNITS

WALTHAM MID-YEAR REPORT | MULTI FAMILIES

2016

2015

29 UNITS

42 UNITS

2016

2015

1000 1000000

$596,250

$560,000

2016

2015

56 DAYS

38 DAYS

2016

2015

1 10 100

14 UNITS

26 UNITS

LeadingEdgeAgents.com LEADING EDGE

Source: MLSPIN via imaxwebsolutions. Multi Family Trends for period ending 6/10/16.

Page 29: 2016 Mid Year Market Report

MEDIAN SALE PRICE +1.4%

AVERAGE DAYS ON MARKET -12.8%

PENDING SALES -5.8%

NUMBER OF UNITS SOLD -4.7%2016

2015

TOTAL INVENTORY -1.4%10 100

40 UNITS

42 UNITS

WATERTOWN MID-YEAR REPORT | SINGLE FAMILIES

2016

2015

68 UNITS

69 UNITS

2016

2015

1000 1000000

$620,000

$611 ,250

2016

2015

34 DAYS

39 DAYS

2016

2015

10 100

48 UNITS

51 UNITS

142 Galen Street, Watertown | 617.926.5400

LeadingEdgeAgents.com LEADING EDGE

Source: MLSPIN via imaxwebsolutions. Single Family Trends for period ending 6/10/16.

Page 30: 2016 Mid Year Market Report

MEDIAN SALE PRICE +6.3%

AVERAGE DAYS ON MARKET +2.7%

PENDING SALES +11.6%

NUMBER OF UNITS SOLD +24.3%2016

2015

TOTAL INVENTORY -1.8%1 10 100

102 UNITS

82 UNITS

WATERTOWN MID-YEAR REPORT | CONDOMINIUMS

2016

2015

160 UNITS

163 UNITS

2016

2015

1000 1000000

$452,000

$425,000

2016

2015

37 DAYS

36 DAYS

2016

2015

10 100

125 UNITS

112 UNITS

142 Galen Street, Watertown | 617.926.5400

LeadingEdgeAgents.com LEADING EDGE

Source: MLSPIN via imaxwebsolutions. Condo Trends for period ending 6/10/16.

Page 31: 2016 Mid Year Market Report

MEDIAN SALE PRICE +7.2%

AVERAGE DAYS ON MARKET -35.4%

PENDING SALES +19.2%

NUMBER OF UNITS SOLD +38.1%2016

2015

TOTAL INVENTORY -6.9%1 10 100

29 UNITS

21 UNITS

WATERTOWN MID-YEAR REPORT | MULTI FAMILIES

2016

2015

40 UNITS

43 UNITS

2016

2015

1000 1000000

$670,000

$625,000

2016

2015

20 DAYS

31 DAYS

2016

2015

10 100

31 UNITS

26 UNITS

142 Galen Street, Watertown | 617.926.5400

LeadingEdgeAgents.com LEADING EDGE

Source: MLSPIN via imaxwebsolutions. Multi Family Trends for period ending 6/10/16.

Page 32: 2016 Mid Year Market Report

MEDIAN SALE PRICE +5.2%

AVERAGE DAYS ON MARKET 0%

PENDING SALES -9.8%

NUMBER OF UNITS SOLD -15.2%2016

2015

TOTAL INVENTORY -7.5%10 100

78 UNITS

92 UNITS

WINCHESTER MID-YEAR REPORT | SINGLE FAMILIES

2016

2015

207 UNITS

224 UNITS

2016

2015

1000 1000000

$993,250

$944,000

2016

2015

49 DAYS

49 DAYS

2016

2015

10 100

1 19 UNITS

132 UNITS

2 Mount Vernon, Winchester | 781.729.5505

LeadingEdgeAgents.com LEADING EDGE

Source: MLSPIN via imaxwebsolutions. Single Family Trends for period ending 6/10/16.