Massachusetts August 2022 Single Family Housing Stats

[Timothy Lewman]

August Massachusetts Housing Stats: Higher prices, lower sales, lower listings, inventory continues to build - 4 positive months in a row!

Median Price: $599,000; +8.51% Yoy

Closed Sales: 5,272; -8.57% Yoy

Closed Sales 12 month: 52,477 -11.13% Yoy

Closed Sales YTD: 32,074; -11.69% Yoy

Inventory: 6,041; +13.08% Yoy

Inventory YTD: +1.66%

New Listings: 4,908; -17.57% Yoy

New Listings 12 month average: 4,956; -10.02% Yoy

New Listings YTD: 41,818; -8.26% Yoy

Months Supply: 1.7 months, +54.55% !!!!

Cumulative Days on Market: 26; +4.00%