All Forum Posts by: Timothy Lewman
Timothy Lewman has started 53 posts and replied 163 times.
Post: Massachusetts Single Family Housing Stats for July 2024:More listings isn't the cure.
- Flipper/Rehabber
- Worcester, MA
- Posts 179
- Votes 113
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.
Post: Massachusetts Single Family Housing Stats for June 2024:More listings wasn't the cure
- Flipper/Rehabber
- Worcester, MA
- Posts 179
- Votes 113
Median Price: $699,900, +7.68% Yoy.
Closed Sales: 4,105, 7.55% Yoy.
YTD Closed Sales: 17,109, -0.50% Yoy.
Inventory: 6,121, +34.14% Yoy.
YTD Inventory: 27,419, -6.69% Yoy.
New Listings: 5,203, 8.67% Yoy.
YTD New Listing: 25,440, +7.73% Yoy.
Months Supply: 1.9, +46.15% Yoy.
Cumulative Days on Market: 27, -10.00% Yoy.
Post: Massachusetts May Housing Single Family Housing Stats
- Flipper/Rehabber
- Worcester, MA
- Posts 179
- Votes 113
Turning a corner with more inventory, more sales, still higher prices reflecting strong demand.Median Price: $660,000, +7.06% Yoy.Closed Sales: 3,615, +8.92% Yoy.12 month Closed Sales: 38,005, -13.85% Yoy.YTD Closed Sales: 13,004, +9.02% Yoy.Inventory: 5,896, +26.31% Yoy.YTD Inventory: 21,298, -10.88% Yoy.New Listings: 6,146, +15.96% Yoy.YTD New Listings, 20,237, +7.49% Yoy.Months Supply: 1.8, +38.46% Yoy.Cumulative Days On Market 38, -13.74% Yoy.
Post: Massachusetts Single Family Housing stats for April:New listings are up!
- Flipper/Rehabber
- Worcester, MA
- Posts 179
- Votes 113
Median price: $635,000, +7.99% Yoy.
Closed Sales: 2,842, +9.14% Yoy.
12 Month Closed Sales: 37,709, -16.26% Yoy.
YTD Closed Sales: 9,389, +2.08% Yoy.
Inventory: 4,429, +.093% Yoy.
YTD Inventory: 15,402, -12.37% Yoy.
New Listings: 4,960, +17.67% Yoy!!!!
YTD New Listings: 14,091, +4.17% Yoy.
Months Supply: 1.4, +16.67% Yoy.
Cumulative Days on Market: 43, -13.33% Yoy.
Post: Massachusetts Single Family Home Stats for February
- Flipper/Rehabber
- Worcester, MA
- Posts 179
- Votes 113
Massachusetts Single Family Home Stats for February: Despite an increase in new listings, not enough homes for sale to meet demand - stop me if you've heard this before - prices continue to rise.
Median Price: $569,000 +9.42% Yoy.
Closed Sales: 1,917, +0.95% Yoy.
12 Month Closed Sales: 37,602, -18.72% Yoy.
YTD Closed Sales: 4,126 -0.27% Yoy.
Inventory: 3,805, +11.85% Yoy.
YTD inventory: -9.03%
New Listings: 2,958, +17.58% Yoy.
YTD New Listings: 5,547, +8.96% Yoy.
Month Supply: 1.2, +33.33% Yoy - firmly in a sellers market.
Cumulative Days on Market: 49, -7.55% Yoy.
Post: Massachusetts Single Family Housing Sales for January 2024
- Flipper/Rehabber
- Worcester, MA
- Posts 179
- Votes 113
Massachusetts Single Family Housing Sales for January 2024: After a brief hiatus, lower inventory and sales fuels the march towards higher prices.
Median Price: $570,000; +9.62% Yoy;
Closed Sales: 2,209; -1.30% Yoy;
Inventory: 3,518; - 6.56% Yoy;
New Listings: 2,589; +0.70 Yoy;
New Listings 12 Month Average: 3,747; -19.98% Yoy;
Month Supply; 1.1 months, +10.00 Yoy;
Cumulative Days on Market: 38; -6.50% Yoy
Post: Massachusetts Single Family Housing Stats for December
- Flipper/Rehabber
- Worcester, MA
- Posts 179
- Votes 113
Quote from @Kyle Spearin:
@Timothy Lewmanthanks for sharing! It would be great to have you share these insights at one of my meetups. This is fantastic.
I don't go to RE meetups much. I used to when I was a noob but just stopped when Covid hit, never restarted. What re the detail of your events?
Post: Massachusetts Single Family Housing Stats for October: Not enough listings and a surp
- Flipper/Rehabber
- Worcester, MA
- Posts 179
- Votes 113
Quote from @Carlos Ptriawan:
wow, look at those flat lines of inventory, I never see something like that ... it's new trend moving forward....
Post: Massachusetts Single Family Housing Stats for October: Not enough listings and a surp
- Flipper/Rehabber
- Worcester, MA
- Posts 179
- Votes 113
Quote from @Robin Simon:
Interesting stuff, MA market seems to be holding up pretty strong
Post: Massachusetts Single Family Housing Stats for December
- Flipper/Rehabber
- Worcester, MA
- Posts 179
- Votes 113
December Single Family Housing Stats: After a brief relent, price increases are continuing, monthly supply can't get above 2 months since the Pandemic - solid sellers market, limited choices for buyers.
Median Price: $567,500; +6.07% Yoy.
Closed Sales: 2,903; -20.42% Yoy.
YTD Closed Sales: 37,613; -15.21% Yoy.
Inventory: 3,500; -12.08% YoY
YTD Inventory -5.41% Yoy.
New Listings: 1,465; -7.98% Yoy.
YTD New Listings: 44,944; -20.23% Yoy.
Months Supply: 1.1; +10.00% Yoy.
Cumulative Days on Market: 39; -2.50% Yoy.
