Mixed Signals in the Housing Market

HouseSavvy.com produced an analysis of the Boston housing market comparing five Massachusetts areas, Hingham, Norwell, Scituate, Plymouth County, and The Greater Boston Area for The Boston Globe. As the title suggests, the analysis provides some results reflecting mixed signals from the different markets in three categories, Sales, Average Price, and Supply. Allow me to jump to (their) conclusions:

Conclusion. The Greater Boston Market appears to have stabilized, and entered a period as a moderate seller’s market. Plymouth County as a whole is nudging closer to the benchmark and will soon be within striking distance of a Balanced Market. Unsold inventory in Hingham, Norwell and Scituate is slightly down this year. – Overall, we feel that consumer confidence is returning in these South Shore communities based on the strong signs on the Greater Boston statistics.

For the full table of statistics and the complete results of the analysis, click here to jump to The Boston Globe.

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