In a recent poll of Quincy Real Estate agents to determine their opinion of the local market, 68% said that the prices of existing single family home was still dropping, and the other 32 % said that prices a\have stabilized. When it came to estimating the sale activity, 88% responded that the market is still slow and only 12% answered that the market had finally stabilized.
The view of the multi-family was slightly more optimistic. 53% of those who answered the surveyed felt that sales were still dropping, 33 % and 14% saw a slight improvement in prices. This optimism was also reflected in viewing market activity, 13% seeing an improvement in sales, 27 percent saying that sales levels are relatively stable and 60% still seeing a decline in the market.
What's happening in your town?
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