Lexington is an affluent residential community with a great downtown steeped in the history of America's Revolution. It provides excellent schools, quality of life, and easy access the main commuter routes to Boston and New Hampshire.
With so many different homes to choose from, when you are considering buying Real Estate in Lexington please allow
me to help you find the perfect home for your needs. Call me today at
781-771-7216
In 2008 the Lexington Ma Real Estate market largely ignored
the mortgage crisis and demand for homes remained high. Whether you are looking for a large new colonial as above or something a bit more modest, the supply of homes on the market
remains healthy and there are many great neighborhoods in which to find your new home.
The Lexington housing market is made up
primarily of single family homes and condominiums. The town of
Lexington has approximately 30,000 people living in 11,500
housing units, the majority of which are single family dwellings. More
than 80% of these are owner occupied.
In the single family market the last 5 years there have
been approximately 330 homes sold each year or roughly a 3% turnover
rate. The median house price sold in 2008 was $750,000. Click here for recent trends in the Lexington Single Family Market.
The condo market is significantly smaller and sales have been
around 40 units annually over the past 5 years. The median price for a condo sold in 2008 was $433,000.
