RE/MAX Releases November Monthly Housing Report

Pending sales were down -20.4% over November 2013, but up 5.8% over October 2014. Across the region, homes are staying on the market an average of nearly three-weeks less than this time last year and pricing continues to hold steady.

· In Connecticut, the number of total transactions is down -12.7% year-over-year and median price is up 5.3. Pending sales were up 5.4% year-over-year.

· Massachusetts showed a decrease of -6.8% in total transactions year-over-year. The median price increased 4.5%. Pending sales were up 2.4% over November of 2013.

· Maine showed a decrease of -9.3% in total transactions year-over-year. The median price decreased -1.0%. Pending sales were up 10.6%.

· In New Hampshire, home transactions decreased -4.0% year-over-year, and median price increased 6.2%. Pending sales were down -1.9% year-over-year.

· Rhode Island home transactions decreased -5.5% year-over-year, while median price increased 3.2%. Pending sales were up a whopping 30.3% year-over-year, the highest in New England.

· Vermont showed a slight decrease in transactions, down -0.2%, while median price increased 5.1% year-over-year. Pending sales were up 8.7% year-over-year.