April 5, 2021 10:06 am
To put it bluntly, the housing market in suburban Boston is “crazy.’’ That’s the description Laura Semple and Beth Hettrich, agents with the Semple and Hettrich Team of Coldwell Banker Realty in Sudbury, gave.
“We listed one house at $1.1 million based on comparable sales that had 12 offers and sold for $1.26 million in one day,’’ Semple said. “That house was valued at $975,000 just two years ago.’’
So few homes are available for sale in the Boston suburbs, said Hettrich, that everything they list sells immediately. “Buyers are waiving inspections and appraisals and financing contingencies because they know they’ll face multiple offers.’’