Current Market Data
Homes in Greater Boston fetched record-high prices last month according to a report from the Greater Boston Association of REALTORS®.
Massachusetts homeowners spend an average of 34.61% of their median monthly household income on their homes, according to a report released by Wallethub.
The pace of sales rose 7.4% compared to February, topping analyst estimates by a large margin.
Prominent real estate economist Matthew Gardner shares insights on the first quarter of 2025 — including his takes on tariffs, immigration, brokerage acquisitions, mortgage rates and more.
The surprisingly large decline in the pace of housing starts comes as builder sentiment remains depressed by tariff worries and high prices.
Home listings jumped 21.4% year over year in March according to a new report from the Massachusetts Association of REALTORS®.
Last month, home sales in greater Boston decreased 5.8% to 1,145. The median price of a single-family home increased 2.2% year over year.
A majority of millennial home buyers would choose a smaller home if it offered better amenities, according to a new report from National Association of Home Builders.
Homes in the Bay State often sell in under eight days, and bidding wars have become common.
The population of Massachusetts grew by over 69,000 people in 2024, a 1% increase from 2023.
“Each interaction indicates buyer interest in that home, and listings with higher engagement levels tend to sell faster and at or above the list price,” Zillow Senior Economist Kara Ng explained.
“In a plot twist, baby boomers have overtaken millennials — the largest U.S. population — to become the top generation of homebuyers,” said Jessica Lautz, NAR’s deputy chief economist and vice president of research.
Condos make up a majority of the top 10 most expensive homes for sale in Boston as of April 1.
The annual report surveyed agents in the Better Homes and Gardens Real Estate network to find out how they’re helping clients get their homes ready to list.
Meanwhile, purchase applications showed their strongest increase in almost two months, rising 7% year over year.
The National Association of REALTORS’® Pending Home Sales Index rose 2% month over month in February, topping an expected 0.9% gain.
