Massachusetts, MA

RealTrends Market Report

Massachusetts, MA

Single-Family Homes

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Sat Apr 27 2024
This week the median list price for Massachusetts, MA is $821,950 with the market action index hovering around 61. This is an increase over last month's market action index of 59. Inventory has held steady at or around 3,716. Click here to stay informed with the Massachusetts market!

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		$821,950
Median Price of New Listings		$662,400
Per Square Foot		$395
Average Days on Market		73
Median Days on Market		21
Price Decreased		19%
Price Increased		1%
Relisted		5%
Inventory		3,716
Median Rent
Market Action		61
Strong Seller's Market

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
$2,995,000	4,672	0.5 - 1 acre	5	4.5	29	100	89	49
$1,100,000	2,675	0.5 - 1 acre	4	2.5	39	213	230	21
$669,900	1,894	0.25 - 0.5 acre	3	2	59	329	265	14
$389,900	1,356	0.25 - 0.5 acre	3	1.5	76	290	222	14

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$2,995,000	4,672	0.5 - 1 acre	5	4.5	29	100	89	49
$1,100,000	2,675	0.5 - 1 acre	4	2.5	39	213	230	21
$669,900	1,894	0.25 - 0.5 acre	3	2	59	329	265	14
$389,900	1,356	0.25 - 0.5 acre	3	1.5	76	290	222	14

Median Price	Top $2,995,000	Upper $1,100,000	Lower $669,900	Bottom $389,900
Sq. Ft.	4,672	2,675	1,894	1,356
Lot Size	0.5 - 1 acre	0.5 - 1 acre	0.25 - 0.5 acre	0.25 - 0.5 acre
Beds	5	4	3	3
Baths	4.5	2.5	2	1.5
Age	29	39	59	76
New	100	213	329	290
Absorbed	89	230	265	222
DOM	49	21	14	14

RealTrends Market Report