Massachusetts January 2023 Single Family Housing Stats

[Timothy Lewman]

Massachusetts Single Family Housing Stats for January 2023: inventory continues to build as sales and new listings slump and it's taking longer to sell the houses that are listed.

Median Price: $520,000, -0.85% Yoy. Our second Yoy price drop in three months.

Closed Sales: 2,238: -31.62% Yoy

12 Month Closed Sales: 46,695, -16.60 Yoy

Inventory: 3,765, +57.73% Yoy

New Listings: 2,571, -5.65% Yoy

Months Supply: 1: +100% Yoy - was 0.5 last January

Cumulative Days on Market: 46, +24.32% Yoy