Here is what is happening in Real Estate Market of LEXINGTON, MA in the 3rd Quarted of 2011 - that is from July 1st 2011 to Septemeber 30th, 2011. Please note that this statistics is for SINGLE FAMILY HOMES only. (SOURCE: MLSPIN)

Feel free to reach me should you have any question about this.

See you next quarter - with another report to on how LEXINGTON, MA Real Estate market is doing.

Here is what is happening in Real Estate Market of LEXINGTON, MA for the month of AUGUST 2011. Please note that this statistics is for SINGLE FAMILY HOMES only. (SOURCE: MLSPIN)

This table compares the real estate market in LEXINGTON, MA for the month of AUGUST last year and this year.

	AUGUST 2010	AUGUST 2011	Trends
Number of Homes Sold	37	42
Median Sale Price	$740,000	$717,500
Averge Sale Price	$776,586	$873,688
Days on Market	99	91
Sale Price to List Price Ratio	97	98
Total Volume	$28,733,700	$36,694,900

The number of sales are up - and so is total sales volume. But there is a big impact on median and average prices - one of them is down (median price) marginally and one of them is up (average sales price), almost $100,000 more than last year. The reason being, few homes sold during the month are sold at higher price. It's all the good news considering we hear it otherwise - based on number of sales. Days on market for these homes have down too whereas sale price to list price ratio is up - the other reason to celebrate this market!

Overall, compared to last August, it's a great market - lot of improvement on number of sales despite lower median price, and high average price. This is what one should look forward to every month.

Let's take a look at this chart that describes the trends for LEXINGTON, MA market over last year(courtesy: AltosResearch).

After a major drop in inventory before spring, median price is not much different. We do not see a big plunge or rise in median price for this market - the reason being the demand for the town. Inventory went up during the summer and is now going down, showing the stability of the market in this town.I expect the trend to be the same even in next spring.

Feel free to reach me should you have any question about this.

See you next month - with another report to on how LEXINGTON, MA Real Estate market is doing.

SEARCH ALL AVAILABLE LEXINGTON HOMES FOR SALE, LIKE I DO!

Homes for Heroes is proud to welcome our new Affiliate, Tom Higgins!

Tom has built his business on honesty, integrity, & pricing transparency. He can educate you on the home buying process, have you qualify & help you close your conventional, FHA/VA, or investment loan; whether you are a first time homebuyer or a seasoned real estate investor. He brings his expertise along with close to a decade of industry experience.

It’s a real honor for Tom to be a part of the Homes for Heroes program. He grew up in Lexington, MA which is fondly known as the “Birthplace of American Liberty” and grew up next door to Hanscom Air Force Base. He is proud to have friends and family who have served their community in the military, in education, in the medical field, as firefighters, and in the police force. Homes for Heroes is a perfect vehicle for Tom to give back to the people who do so much for our community every day.

Home inspectors working in Lexington MA are required to perform a home inspection to the Massachusetts Home Inspector Standards of Practice. A copy of the standard will be provided to the client by the home inspector.

The MA Home Inspector Standards of Practice is written for the professional home inspector. United Inspection Service has created some easy to read Consumer Information Sheets illustrating what is included and excluded in a Standard MA home inspection. Clear client communications (3c) are one of our core values. See the easy to read one page consumer information sheets for each of the systems in a MA Home Inspection.

Visit the Lexington MA Home Inspection web page from United Inspection Service for some useful information about homes in Lexington MA and Massachusetts Home Inspections.

• Massachusetts Home Inspector Standards of Practice
• Home Inspection Photographs
• Recommended Questions to Ask the Seller/Seller's Representative
• Flood Zones
• Lead Paint
• Hazardous Waste Release
• Check the Lexington MA Home Inspector web page for consumer information links ...
  

Reasons to Buy in Lexington MA

Lexington Massachusetts is one of my favorite towns. As one of the largest in area Lexington borders Woburn, Burlington, Winchester, Arlington, Waltham, Lincoln and Bedford. At the time this article was written January 20, 2011. Lexington has had over 135 real estate transactions in the past 6 months. This represents apx. 33% more sales than Burlington and Woburn.

Lexington is renowned for it's public school system which includes 6 elementary, 2 middle and high school. It's been ranked 304th in the nation by Newsweek.

This small town has strong roots in American History with one of the most predominant landmarks located in the town center known for the Battle Green, where the battle was fought and the statue of the Minute Man sits now.

Lexington is also home of the 900 acre Minute Man Park and the National Heritage Museum, which exhibit American History and Popular Culture.

Locals enjoy shopping at Wilson Farms opened in 1884 and is still a thriving local farm stand patronized by many residents from all over Massachusetts for its fresh fruits, vegetable's, cheeses and breads.

In addition to these fun facts Lexington's home values are remained strong through these turbuliant times.

I invite you to searh for homes currently available in Lexington at Irresistiblerealestate.com

Lexington Market Report July 20, 2010 - January 20, 2011

Single Family Homes and Condos Currently on the Market 97

Lowest Price $189,000

Average Price $982,374

Median Price $799,000

Highest Price $2,689,000

Single Family Homes and Condos Currently Under Contract 33

Lowest Price $225,000

Average Price $875,412

Median Price $725,000

Highest Price $3,500,000

Single Family Homes and Condos Sold 171

Lowest Price $215,000

Average Price $749,449

Median Price $699,000

Highest Price $2, 650,000

If your considering moving to Lexington, don't leave this decision to chance. Contact me at 781-518-1280 or email Lisaknowsre@gmail.com and put my experience to work for you.