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Massachusetts Real Estate Housing Data


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2017 Profile of Home Buyers and Sellers Massachusetts -
Now Available

- Executive Summary


2018 Closed Sales Data
Executive Summaries
January
February
March
April
May
June
July
August
September
2017 Closed Sales Data
Executive Summaries
January
February
March
April
May
June
July
August
September
October
November
December (revised)
2016 Closed Sales Data

Executive Summaries
December
November
October
September
August
July
June
May
April
March
February
January

*The MAR housing data is collected using a live-data approach. Read more about the live-data approach
here.

Recent Housing Data News Releases

Massachusetts Home Sales Down in September

by Eric Berman - eberman@marealtor.com - 781-839-5507 | Oct 24, 2018

Inventory of single-family homes and condominiums still at record monthly lows  

WALTHAM, Mass. – October 24, 2018 – The Massachusetts Association of Realtors® (MAR) reported today that closed sales for both single-family homes and condominiums dropped year-over-year in September. The median price for single-family homes jumped over this time last year. September saw the lowest number of single-family homes and condominiums for sale in the month of September since MAR began reporting the data since 2004. 

September 2018 Closed Sales: 

Single-Family

September 2018

September 2017

% Change

Sales

4,621

5,115

-9.7%

Median Price

$390,000

$375,000

+4.0%

  • Closed sales have been down or flat nine out of the last 12 months 

  • Median prices have been up or flat for 34 out of the last 35 months 

Condominium

September 2018

September 2017

% Change

Sales

1,685

1,929

-12.6%

Median Price

$339,000

$350,000

-2.9%

  • Closed sales have been up or flat for eight out of the last 12 months 

  • Median prices have been up or flat for 34 out of the last 35 months 

<p xml:lang="EN-US" paraid="1877890486" paraeid="{e3f80d80-934a-4e26-ba3c-c1daffbecc55}{121}">“Even with interest rates ticking up over the past few months, buyer demand continues to be strong,” said 2018 MAR President Rita Coffey, general manager of CENTURY 21 Tullish & Clancy in Weymouth. “Yet, despite that buyer demand, there are not enough homes for sale and as a result we saw closed sales go down. We need more homes on the market in all price ranges to keep up.” 

Inventory and Days on Market:  

Single-Family

September 2018

September 2017

% Change

Inventory

15,907

17,477

-9.0%

Months of Supply

3.3

3.7

-10.8%

Days on Market

55

61

-9.8%

New Listings

7,384

7,313

+1.0%

  • 79th time in the last 80 months of year-over-year inventory decreases  

  • Lowest number of homes for sale in the month of September 

Condominium

September 2018

September 2017

% Change

Inventory

4,497

4,918

-8.6%

Months of Supply

2.4

2.7

-11.1%

Days on Market

45

51

-11.8%

New Listings

2,787

2,705

+3.0%

  • Inventory down or flat for 31 out of the last 31 months 

  • Lowest number of condos for sale in the month of September 

“Positive year-over-year increases in new listings coming onto the market is always a positive, but we’ll need more changes to truly deal with the inventory shortage,” said Coffey.  

About the Massachusetts Association of Realtors®: Organized in 1924, the Massachusetts Association of Realtors® is a professional trade organization with more than 24,000 members. The term Realtor® is registered as the exclusive designation of members of the National Association of Realtors® who subscribe to a strict code of ethics and enjoy continuing education programs.  

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Editors and reporters: Please note that the term Realtor is properly spelled with an initial capital “R”, per the Associated Press Stylebook.