Lynn, MA
Real Estate Trends

November 2016 Market Trend Report

THIS CITY IS A

BUYER'S MARKET

WHY IS IT A BUYER'S MARKET?

HOMES ACTIVE
HOMES SOLD
BUYER'S MARKET
SELLER'S MARKET

Looks like demand
is LOW in this area!

Home types

WHAT TYPES OF HOMES ARE SELLING?

Single family homes

16

SINGLE FAMILY HOMES

Condos

3

CONDOS

Townhouses

0

TOWNHOUSES

MEANWHILE...

46

HOMES LISTED

HOW MUCH DID BUYERS PAY

Sold Prices for November

ASKING
PRICE

HOW MUCH HOMES LISTED FOR?

Median List Prices

$320k
$4k
$270k$304k$339kNovOctSepAugJulJun

HOW FAST DID HOMES SELL?

Days on Market - Sold in November

UNDER
1 MONTH
1Homes
1-3
MONTHS
11Homes
OVER
3 MONTHS
13Homes

HOW LONG DID IT TAKE FOR HOMES TO SELL?

Median Days on Market for Sold Listings

98
DAYS
38%
68768492100NovOctSepAugJulJun

And finally...What's the hottest street in

Lynn

eastern ave

For November 2016, Lynn, MA has been a buyer's Market - demand in this city is low. The inventory of homes for sale in Lynn, MA was 297 and 25 homes were sold.