January 16, 2018

Northbridge real estate agency sets home-sales high

Edd Cote
Cheryl A. W. Eidinger-Taylor, president and chief operating officer, ERA Key Realty Service.

ERA Key Realty Services set an all-time high of home sales last year, with $769 million in sales, the Northbridge agency announced.

ERA Key President Cheryl Eidinger-Taylor said the agency's record-high sales number was especially noteworthy because of a low inventory in the state has balanced out high sale prices.

"Many agencies have found it difficult to grow in this market, but we've had an exceptional year," she said.

The agency's 2,385 home sales in 2017 was a 4-percent drop from the prior year. Year-to-year sales in total, however, rose by just under 3 percent.

Eidinger-Taylor predicted another strong year in 2018, but the agency has very few homes listed on the market -- fewer than 2,000, compared to what is typically more than 6,000, she said.

ERA Key has 15 offices in Central and Eastern Massachusetts. According to the company, it is one of the top agencies in the state and the top 10 ERA agencies in the country, based on sales and total volume.

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