Eckington By The Numbers || Weekend 11.17.2024

Happy Sunday, everyone!

It’s been a pretty quiet weekend. Currently, in Eckington, there are 38 active listings, with 5 homes closed in the past 30 days. As we approach the holiday season, even though there are fewer buyers in the market, the ones who are looking are serious.

If you’re planning to sell during this time, take the extra effort to ensure your home is market-ready. Buyers who make time during their busy holiday schedules to view properties are often ready to make a purchase.

The Fed has now lowered the rates by another quarter point, which should continue to move the market rates eventually.

As of Friday, November 15 the current average interest rate for a 30-year fixed mortgage is 7.05%.

*We source this data from Mortgage News Daily.