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Massachusetts Single Family Housing Stats for July 2024:More listings isn't the cure.
Median Price: $678,500, +6.02% Yoy.
Closed Sales: 4,216, -11.89% Yoy.
YTD Closed Sales: 21,325, +1.38% Yoy.
12 Month Closed Sales: 38,118, -8.70 Yoy.
Inventory: 6,035, +31.62% Yoy.
YTD inventory: 33,454, -1.59% Yoy.
New Listings: 4,349, +10.77% Yoy.
YTD New Listings: 29,789, +8.16% Yoy.
Months Supply: 1.8, +38.46% Yoy.
Cumulative Days on Market: 29, +3.57% Yoy.
Existing Home Inventory as a Percent of Households: 0.22%. Range bound since 2021.