Massachusetts November 2022 Single Family Housing Stats

[Timothy Lewman]

November 2022 Massachusetts Housing Data: 1st Yoy price decrease since 12/2018 and inventory is building quickly.

Median Price: $522,950, -0.39 Yoy

Closed Sales: 3,595, -29.02% Yoy

YTD Closed Sales: 44,082, -25.07% yoy

Inventory:

5,559, +44.46% Yoy

YTD Inventory: +9.72% Yoy

New Listings: 3,238, -15.98% Yoy

YTD New Listings: 54,747, -10.34% Yoy

Months Supply: 1.4 months, +75% Yoy!!

Cumulative Days on Market: 37, +23.33% Yoy