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RE/MAX
LEADING EDGE
MONTHLY HOUSING REPORT MAY 2013
HOMES FOR SALE BY QUARTER 65% LESS
Homes for Sale in
2013 vs. 2012!
MEDFORD HOUSING INVENTORY SHORTAGE!
TEN YEAR LOW IN AVAILABLE HOMES FOR SALE
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: Medford 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, Paul Mydelski, explains, “Medford’s resurgent town center, proximity
to local universities and access to downtown Boston makes it one of the most active markets in Metro
Boston.Three years of ‘pent-up’ demand and historically low interest rates have given buyers the confidence to
boldly move forward at this time.”

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Medford MA Housing Report, May 2013: Inventory Shortage! RE/MAX Leading Edge

  • 1. RE/MAX LEADING EDGE MONTHLY HOUSING REPORT MAY 2013 HOMES FOR SALE BY QUARTER 65% LESS Homes for Sale in 2013 vs. 2012! MEDFORD HOUSING INVENTORY SHORTAGE! TEN YEAR LOW IN AVAILABLE HOMES FOR SALE 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: Medford 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, Paul Mydelski, explains, “Medford’s resurgent town center, proximity to local universities and access to downtown Boston makes it one of the most active markets in Metro Boston.Three years of ‘pent-up’ demand and historically low interest rates have given buyers the confidence to boldly move forward at this time.”