May single-family home sales reached their highest level since August 2023.

The increase in sales comes as median prices reached new highs in May.

It’s not just the weather hitting record highs this week — Massachusetts home sale prices and listings are also rising as the summer market gets underway.

In April, Cape Cod sellers were listing homes at a rate the market hadn’t seen in years, according to the Cape Cod & Islands Association of REALTORS® April 2024 Market Stats Report.

As the summer market approaches, both closed sales and new listings increased in April, according to the latest report from the Massachusetts Association of Realtors.

Meanwhile, the Bay State had the fewest condo sales for the month of March since 2015.

Last month, the majority of properties sold at or above their full asking price.

Single-family home sales in Massachusetts were flat last month as median home sale prices reached a new high, according to a new report.

With the spring market right around the corner, the U.S. housing supply finally got a boost. 

Single-family home sales in the Bay State rose double digits in January as sales leveled off, and prices of single-family homes and condominiums continued to show year-over-year growth,

Following two years of market instability, the report found early indications that 2024 may be a brighter one.

Redfin economists say they expect the cooldown in budgets to lead to a cooldown in price growth over the next few months. 

The shift comes at a great cost as rising mortgage rates continue to keep buyers out of the market.

Rents in Beantown rose again last month at a rate higher than national rent increases.

Housing starts, existing home sales inventory took a tumble as well in February.

Beantown is the third most expensive in the city for renters, according to a new report from Zumper.