Stay up to date with the latest real estate market information.
To keep you up to date on happening right now in the Massachusetts real
estate market, here are the latest statistics:
The median price for a single-family home is $560,000, which is an all-time
high. Inventory is still limited. There are 3,862 single-family homes available
on the market, which is 14.8% fewer than there were at this time last year.
That means that the single-family market is still very competitive among
buyers. It’s a similar case in the condominium market. The median price for
condos has increased by 9.8%, and there's been a 15.2% drop in inventory.
Interest rates are still rising, so it's even more stressful for buyers to try to get into the market. If you have any questions about selling or buying a property in this market, please reach out to us at (978) 256-3306 or visit paulbrouillette.com. We look forward to hearing from you.
