As soon as it was listed there was a rush of people with 5 days of packed showings and pre-inspections. At a listing price of $1.3M it was attractive to many, many people from first time homebuyers to empty nesters. 22 offers later it sold nearly 30% over asking. I am proud to say it was MGS Group agent who led their clients to victory. It was underpriced to begin with, so a good agents told their buyers not to get too invested if you only wanted to spend up to $1.5M. This is the reality of house hunting for those searching under $2M in our area. According to the watch group Inman, "homes in the lower tier of pricing are still 8% more expensive than at this time last year — and inventory has barely budged, according to a new analysis released Thursday by Zillow." And the Boston Globe was reporting, "the median price in the first quarter climbed 13% in the Metro West region which include Framingham, Needham, and Wellesley according to the Greater Boston Realtors. Ditto in Central Middlesex County communities such as Concord, Lexington, Sudbury and Weston."