Massachusetts June 2022 Single Family Housing Stats

[Timothy Lewman]

Mass Housing sales stats for May 2022: Basically more of the same, higher prices, declining sales with a slight inventory build twist. I have been waiting for an inventory build which could foreshadow a price slow down.

Median Prices: $617,750 +12.32%

Closed Sales: 4,237 -6.59%

YTD Closed Sales: 16,227 -9.98%

Inventory: 4,310 +12.50%

YTD Inventory: +3.55%

New Listings: 6,726 +5.70%

YTD New Listings: 23,934 -6.21%

Months Supply: 1 +42.86%

Cumulative Days on Market: 25 -13.79%