Boston-Cambridge-Quincy, MA-NH

Tracey Velt's Market Report

Boston-Cambridge-Quincy, MA-NH

Single-Family Homes

HW Wire | Editorial Director | tracey@hwmedia.com | 407-716-0498

Thu Nov 21 2024
This week the median list price for Boston-Cambridge-Quincy, MA-NH is $875,000 with the market action index hovering around 56. This is about the same as last month's market action index of 56. Inventory has held steady at or around 3,083. Click here to stay informed with the Boston-Cambridge-Quincy market!

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Median List Price		$875,000
Median Price of New Listings		$674,950
Per Square Foot		$405
Average Days on Market		72
Median Days on Market		42
Price Decreased		37%
Price Increased		1%
Relisted		6%
Inventory		3,083
Median Rent
Market Action		56
Strong Seller's Market

Each segment below represents approximately 25% of the market ordered by price.

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$2,850,000	5,100	0.5 - 1 acre	5	4.5	29	32	56	77
$1,125,000	2,738	0.25 - 0.5 acre	4	2.5	46	77	148	42
$749,900	2,080	0.25 - 0.5 acre	3	2	61	104	172	28
$523,950	1,458	8,000 - 10,000 sqft	3	1.5	73	179	216	28

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$2,850,000	5,100	0.5 - 1 acre	5	4.5	29	32	56	77
$1,125,000	2,738	0.25 - 0.5 acre	4	2.5	46	77	148	42
$749,900	2,080	0.25 - 0.5 acre	3	2	61	104	172	28
$523,950	1,458	8,000 - 10,000 sqft	3	1.5	73	179	216	28

Median Price	Top $2,850,000	Upper $1,125,000	Lower $749,900	Bottom $523,950
Sq. Ft.	5,100	2,738	2,080	1,458
Lot Size	0.5 - 1 acre	0.25 - 0.5 acre	0.25 - 0.5 acre	8,000 - 10,000 sqft
Beds	5	4	3	3
Baths	4.5	2.5	2	1.5
Age	29	46	61	73
New	32	77	104	179
Absorbed	56	148	172	216
DOM	77	42	28	28

Tracey Velt's Market Report