The Fligor RE Report | Spring 2024

Springtime in the Boston Area

As the housing market begins to bloom along with the spring flowers, I'm here to guide you through the latest trends, listings, and tips to help you find your perfect home.

Rain or shine - let's connect!

(My pooch Rugby is among the flowers.)

By Ruth Kennedy Suddoth, CRE, Vice-Chair LandVest

There’s nothing like a 100 basis point drop in mortgage rates and a new stock market peak to fill the sails of the luxury real estate market in the new year. After 2023’s modest drop in sales volume, despite higher prices, and a “meh” fall, 2024’s market has started nicely.

LandVest’s monthly polling of our brokers and consultants was not only stronger than a year ago, but way stronger than just a month ago, by over 30%.

What’s helping the market?
Inventory is still tight. It’s cheaper to stay put than pay double the mortgage rate. Renovation costs are high. Turnkey properties are hot. The wealthy are doing particularly well...

CLICK HERE TO READ MORE

Patriots' Day, Concord, MA

Monday, 4/15

8:30AM North Bridge Fight Commemoration

12-5PM Battle Road Anniversary Hike

This is worth setting your alarm for! If you haven't seen the  reenactment of the North Bridge Fight you should consider going to this fun family friendly event. 

CLICK HERE FOR MORE DETAILS

"CELEBRATE WESTON!" 

Saturday, May 18th, 11-3pm

Stop by and say "hi" to me at the LandVest - Christie's booth!

Join the fun on the Weston Town Center for music & entrtainment, festivities, historical exhibits, games and activities, and fun for all ages.  Free admission.

DETAILS FOUND HERE

Art In Bloom

Boston MFA, April 28-30th

Come see our floral creation!

This will be my second year assisting Helen Stock, of Helen Stock Designs, in the floral protrayal of Clementine Hunter's "The Annunciation and the Adoration of the Wise Men." Helen and I represent the Country Garden Club of Weston. 

This is a very speical annual event at the MFA. You won’t want to miss seeing the  magnificent interpretive floral arrangements of 45 artworks.  

DETAILS FOUND HERE

The Benefit of Following My Room-By-Room Staging "Blueprint."

Click here to see the property video.  

A key value I provide my sellers is a "Blueprint" for how they can increase the selling price of their home with intelligent staging. Prior to listing 54 Sunrise Terrace, the homeowners and I developed a room-by-room plan that addressed furnishings, lighting, and accessories.

The staging "blueprint" included neutralizing interior paint colors, replacing old wall-to-wall carpet in some rooms with new carpet while removing rugs that hid hardwood flooring in others. We increased lighting in basement, hallways, and garage and made sure all light bulbs throughout the house worked. The deck was power washed, railings painted, garage and basement tidied, and furnishings rearranged. 

The cost for the homeowners was approximately $15,000. The house was under contract in 4 days with an over ask offer. The staging plan yielded $125,000 more than my original estimated asking price prior to the staging and the sale was accomplished in just days.  

Shall we put a staging blueprint together for your property?

PROPERTY TOUR

A home to create a lifetime of memories:

5 Narragansett Street, Nonquitt, South Dartmouth, MA

$3,995,000 | 6 BR  | 3.5 BA  |  4,031 SQFT  |  1.2 ACRES

This grand home has hosted generations of families through the years, in the historic, gated enclave of Nonquitt.

Two levels of bedrooms and an abundance of living space make it an ideal summer or all year-round home. A large screened in porch looks out on the rolling lawn, and down to Buzzards Bay. View lot in front conveys w/sale. This gentile home is located on a quiet street in central Nonquitt, close to all the amenities which include three sandy beaches, a day camp for kids, a packed summer calendar of social events for all ages, walking trails, post office, pro shop, 2 pickleball/basketball courts, 6 tennis courts and 9 holes of golf.

Start your own Nonquitt traditions this year!

Listed by Betsy Lawrence, LandVest

VIEW PROPERTY

Data from MLS PIN.

First Quarter, 2024:

The local residential real estate market in Weston reflects quite a dip in number of listings taken. Of these listings, they sold even faster in 2024 than in 2023.

Market Take-Away:

• 25% fewer listings taken Q1 2024 than in 2023.
• Average Days on Market decreased by 31%.
• Average sale price increased by 7% in Q1 2024.
• Buyer demand made for almost exactly the same number of closed sales as prior year.

Contact me for information for data on the towns you are most interested in. 

Please share my name if you know someone who may be interested in buying, selling, or renting property in our beautiful area. Do you know someone who would like to receive my monthly newsletter?

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888 Boylston St Suite 520

Boston, MA 02199

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