Single-Family Homes
Fri Dec 13 2024
This week the median list price for Massachusetts, MA is $749,000 with the market action index hovering around 50. This is less than last month's market action index of 51. Inventory has held steady at or around 4,819.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Median List Price | $749,000 | |
Median Price of New Listings | $549,900 | |
Per Square Foot | $370 | |
Average Days on Market | 87 | |
Median Days on Market | 56 | |
Price Decreased | 38% | |
Price Increased | 1% | |
Relisted | 6% | |
Inventory | 4,819 | |
Median Rent | ||
Market Action | 50 | |
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 |
---|---|---|---|---|---|---|---|---|
$2,495,000 | 4,115 | 0.5 - 1 acre | 4 | 4 | 31 | 22 | 148 | 98 |
$900,000 | 2,454 | 0.5 - 1 acre | 4 | 2.5 | 45 | 47 | 205 | 56 |
$609,900 | 1,794 | 0.25 - 0.5 acre | 3 | 2 | 60 | 82 | 246 | 42 |
$375,000 | 1,388 | 0.25 - 0.5 acre | 3 | 1.5 | 76 | 119 | 298 | 42 |