RE/MAXLEADING EDGE

MONTHLY HOUSING REPORT MAY 2013

HOMES FOR SALE BY QUARTERJAN-01-2004 - JUN-30-2013

MIN: 99(2013-Q2) - MAX: 532(2006-Q2)

58% LESSHomes for Sale in

2013 vs. 2012!

MELROSE HOUSING INVENTORY SHORTAGE!LOWEST AMOUNT OF HOMES FOR SALE IN OVER 10 YEARS!

SELLERS: Equipped with the proper game plan, sellers are finding success they haven’t enjoying in several years. Many who tried to sell last winter are now finding their homes with open house attendance of 50+ people and beneficiaries of frenzied bidding wars.

BUYERS: Melrose home buyers find themselves frustrated in losing out on properties that sell within hours of being listed on the MLS or falling victim to ineffective strategy on winning bidding wars.

Broker/Owner of RE/MAX Leading Edge, Linda O’Koniewski, explains, “Buyers value the unique sense of community Melrose offers. It’s walkability along with public transportation and proximity to Boston make it the new preferred choice amongst first-time buyers and empty nesters. Three years of ‘pent-up’ demand and historically low interest rates has given buyers the confidence to boldly move forward at this time.”