Massachusetts December 2022 Single Family Housing Stats

[Timothy Lewman]

Massachusetts Single Family Housing stats for December 2022, slowing sales, slowing listings and rising inventories are slowing price growth.

Median Price: $535,000 +1.90% Yoy.

Closed Sales: 3,648, -29.23% Yoy.

YTD Closed Sales: 47,730, -29.13% Yoy

Inventory: 3,981, +49.21% Yoy.

YTD Inventory +11.79% Yoy.

New Listings: 1,592, -27.01% Yoy.

YTD New Listings: 56,.339, -10.92% Yoy.

Months Supply: 1, +66.67% Yoy - still a sellers market, 6 months is considered neutral balance of buyers and sellers.

Cumulative Days on Market: 40, +25% Yoy.