Massachusetts July 2022 Single Family Housing Stats

[Timothy Lewman]

Massachusetts Single Family Sales stats for July 2022. More of the same: higher prices, lower sales and 3 months of inventory build - but still firmly in a sellers market, see Months Supply below.

Median Price: $607,000, +8.39% Yoy

12 Month Median Price: $555,387.50, +10.25%, Yoy

Closed Sales: 4,900, -14.81% Yoy

12 Month Closed Sales: 52,971, -11.05% Yoy

YTD Closed Sales: 26,802, -11.52% Yoy

Inventory: 6,225, +12.81% Yoy

YTD Inventory: - 0.53%

New Listings: 5,544, -12.56% Yoy

12 Month New Listings: 5,044, -9.23% Yoy

YTD New Listings: 36,910, -6.86% Yoy

Months Supply: 1.4, +27.27% yoy - 6 months is considered neutral.

Cumulative Days on Market: 24, +5.33% yoy - still selling quickly.