Massachusetts February 2023 Single Family Housing Stats

[Timothy Lewman]

Mass Single Family Housing Stats for February 2023. Slowing sales and new inventory/listings, prices seem to have leveled off.

Median Price: $520,000, +4% Yoy

Closed Sales: 1,899, -18.57% Yoy

YTD Closed Sales: 4,137, -26.19% Yoy

12 Month Closed Sales: 46,262, -16.75% Yoy

Inventory: 3,401, +44.79% Yoy

Inventory YTD: +21.10% Yoy

New Listings: 2,520, -21.30% Yoy

New Listings YTD: 5,091, -14.10% Yoy

Months Supply: 0.9 months, +80% Yoy (was 0.5 in 2/2023)

Cumulative Days on Market: 53, +32.50% Yoy.