RealTrends Market Report
Massachusetts, MA
Single-Family Homes
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Massachusetts, MA
Fri Nov 22 2024
This week the median list price for Massachusetts, MA is $749,900 with the market action index hovering around 51. This is less than last month's market action index of 52. Inventory has held steady at or around 5,852.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Real-Time Market Profile
| Median List Price | $749,900 | |
| Median Price of New Listings | $585,000 | |
| Per Square Foot | $370 | |
| Average Days on Market | 76 | |
| Median Days on Market | 42 | |
| Price Decreased | 37% | |
| Price Increased | 1% | |
| Relisted | 6% | |
| Inventory | 5,852 | |
| Median Rent | ||
| Market Action | 51 | |
| Strong Seller's Market | ||
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Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $2,499,000 | 4,200 | 0.5 - 1 acre | 4 | 4 | 33 | 57 | 116 | 84 |
| $924,900 | 2,472 | 0.5 - 1 acre | 4 | 2.5 | 45 | 156 | 238 | 49 |
| $619,999 | 1,819 | 0.25 - 0.5 acre | 3 | 2 | 61 | 203 | 309 | 35 |
| $389,900 | 1,404 | 0.25 - 0.5 acre | 3 | 1.5 | 76 | 259 | 295 | 28 |