Copy of Metrowest March Newsletter [NE.03.2023]

Home in MARCH 

Spring time is in the air! March welcomes us by breathing life into the season as it brings us the Spring Equinox, cherry blossoms and kicks off the busiest time of the year in real estate; Spring Market! Read on for seasonal tips, real estate news, local events and market data. 

“In winter, I plot and plan. In spring, I move.” 

—Henry Rollins

Real Estate in the News

The Housing Market Warms Up, but This Twist Could Plunge It Back Into a Freeze

Is the housing market back? A surge in mortgage interest rates last year ground the real estate market to an abrupt halt, as scores of would-be buyers could no longer afford to purchase homes. But last month, as mortgage rates dipped and home prices fell from their peaks, home shoppers dipped their toes back in.

Real estate agents across the country reported buyers returned to open houses, the number of mortgage applications surged, and the most desirable homes received multiple offers again.

Courtesy of Realtor.com

Local Happenings

The 10 Best Garden Centers and Nurseries in Massachusetts!

Is warmer weather inspiring you to test out your green thumb?  Check out one of Metrowest's garden centers to get everything you need to ensure Spring has sprung at your home. Learn more here.

Lifestyle Tips and Tricks

Refresh Your Design for Spring

There's something about spring that makes us want to mix up our interiors. An updated, spring-inspired interior can inspire a welcome change in perspective, and it helps us enjoy our lives a bit more as the season slides into summer.

Courtesy of Forbes

Best Irish Food Recipes for Celebrating 
St. Patricks Day

Honor the patron saint of Ireland with a homemade meal!

Courtesy of Country Living

Spring Cleaning Tips and Tasks

Spring Cleaning is the tradition of deep cleaning at the start of spring. It's a way to welcome the change of the seasons and tackle often neglected chores.

Courtesy of Home Edit

Needham Market Update
As of 3/16/23

22 Homes for Sale

Up 38% from 3/16/22

44 Average Days on Market

Up 308% from 3/16/22

$1,659,582 Average Sale Price

Down 9% YTD

What's on the Market?

The best way to know what's happening is to have concrete data! Click HERE to view a collection of sold, active and contingent homes in Needham in the past 3 months.

Would you like to hear more about our local market? Do you have questions about the buying or selling process? If you'd like to set up a time to connect, my team and I would love to hear from you. 

Reach out to chat!

Compass makes it easy to maximize the value of your home with Compass Concierge.

Learn More

Elissa Rosenfelt

R.E. Salesperson
M: 516.250.9379
elissa.rosenfelt@compass.com
elissarosenfelt.com

Learn about my team HERE

Compass is a licensed real estate broker. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.

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