It’s not as simple as “it’s a seller’s market” or “it’s a buyer’s market”. Different price ranges, property types and towns all have their own special niches of volatility. Or they don’t.
Real estate is very localized.
That’s one reason we love to look at the “on market snapshot”: it shows how the price bands of available condos and single family properties in Gloucester and Rockport are faring.
You’ll find an “on market snapshot” in the Cape Ann Waterfront Guide.
We hope this helps.
Bob and Sue McDermott • Kenny MacCarthy • Gibson Sotheby’s International