Flipper/Rehabber · Worcester, MA · Member since 2016 · 179 posts · 113 votes
Massachusetts SFH stats for January 2022: Same old story I've been documenting for 2 years, not enough houses coupled with unrelenting demand = price increases.
Median price: $524,450; +12.30% from 1/2021.
Closed Sales: 3,273; -8.68 from 1/2021; 1/2019 was 3,053.
Inventory: 2,387; -2.27% from 1/2021; 1/2019 was 10,242(!).
New Listings: 2,725; -15.66 from 1/2021; 1/2019 was 4,324.
Months Supply: 0.5; -28.57% from 1/2021; 1/2019 was 2.2.
Cumulative days on Market: 37; -11.90% from 1/2021; 1/2019 was 77(!).