Marketing & Statistics

Marketing & Statistics

Mass. July Pending Home Sales Down for the First Time in Over Two Years

The Massachusetts Association of Realtors® (MAR) reported today that single-family pending home sales fell almost six percent in July from last year. Pending condominium sales were also down more than 10 percent. The median price for both single-family homes and condos saw a hike over last year, with the single-family median price rising over the $400,000 mark for the second month in the row. Realtors® confidence in the market and in home prices were both up in July after a dip in June.

Massachusetts Median Home Prices Cross the $400,000 Threshold for the First Time

The Massachusetts Association of Realtors® (MAR) reported today that the median price for a single-family home hit an all-time high and went over $400,000 for the first time. Both single-family homes and condominiums saw a drop in sales in June from last year. Inventory also reached the lowest level for the month of June since MAR began recording the data in 2004.

Spring Market Blooming Despite Ongoing Inventory Shortage and High Prices

The Massachusetts Association of Realtors® (MAR) reported today that the number of closed single-family home sales were up more than two percent over March 2016, with median price also seeing a hike. This is despite the month seeing the lowest number of homes for sale since MAR began recording the data in 2004. Condominium sales and price also rose over last year.

Pending Sales Increases Continue from Busy Winter into the Spring Market

The Massachusetts Association of Realtors® (MAR) reported today that the spring market is off to a good start with pending sales up over six percent from this time last year. Pending sales have been up 48 of the last 49 months. Condominiums put under agreement also saw a hike over last year, with an increase of over 14 percent from 2016.

Realtor® Study Finds Share of First-Time Home Buyers in Massachusetts Drops to Record Low...

First-time homebuyers are finding it increasingly difficult to locate a home in Massachusetts as home prices and low inventory have significantly increased competition in the market according to the 2016 Massachusetts Profile of Home Buyers and Sellers. The study found that the share of first-time homebuyers dropped to a low of 35 percent, which is the lowest share of first-time buyers since the Profile began collecting Massachusetts data in 2003.

Pending Home Sales and Market Confidence in Massachusetts Housing Market both up in December...

The Massachusetts Association of Realtors® (MAR) reported today that holiday cheer wasn’t the only thing in abundance in December as both the number of homes put under agreement and prices were up in the final month of the year. This was also true for condominiums put under agreement. This trend was mirrored in the year-end totals for 2016 compared to 2015. Realtors’® confidence in the market was positive again in December as their confidence in prices was down slightly.

Run-up to Election Didn’t Keep Home Buyers on Sidelines as November Sales and Prices...

The Massachusetts Association of Realtors® (MAR) reported today that buyers didn’t let the presidential election season keep them from buying homes this past fall as closed home sales were up nearly 20 percent in November compared to the same time in 2015. Both sales and median prices for single-family homes reached their highest levels for November since 2004. Inventory continued its downward trend dropping to its lowest level since January 2004. Median prices and sales both rose for condominiums this month.

Residents at the Berkshire Peak Apartments in Pittsfield Will See Extension of Affordability and...

Residents living at the 120-unit Berkshire Peak Apartments in Pittsfield will see the extension of affordability in perpetuity and moderate property improvements as a result of $10 million in MassHousing financing.

Homebuyers Stayed Focused in November and Pushed Pending Home Sales Up

Realtor® clients showing some concern with interest rates increasing  WALTHAM, Mass. – December, 14, 2016 – The Massachusetts Association of Realtors® (MAR) reported today that...

Massachusetts Pending Home Sales and Median Prices Up Across the Board in October

The Massachusetts Association of Realtors® (MAR) reported today that the number of homes put under agreement in October were up 15 percent from last year. Condominium pending sales were also up almost nine percent as prices for both property types continue to go up. The strong market was reflected in high Realtor® Market Confidence Index, while the Price Confidence Index remained essentially the same over last year

Slight Increases in Both Closed Sales and Prices Across the Board in August

The Massachusetts Association of Realtors® (MAR) reported today that home sales increased again over August of last year. Inventory decreases and ongoing buyer demand continue to push median prices up, nearing record highs for August. Condominium sales also closed slightly higher with median prices up from 2015

Home Sales Slow Down in the Dog Days of Summer

Trend of decreasing inventory and new listings continue to inflate prices WALTHAM, Mass. - August 23, 2016 — (RealEstateRama) -- The Massachusetts Association of Realtors®...

Markey Hails Decade of Success for Regional Greenhouse Gas Initiative

Marks the 10-year anniversary of the bipartisan Regional Greenhouse Gas Initiative (RGGI), when seven states in the Northeast and Mid-Atlantic originally came together and proposed the framework for the regional program that would cut carbon pollution from power plants by 37 percent while saving $395 million on customer utility bills thus far. In Massachusetts, since the RGGI market started in 2009, power plant emissions have gone down 34 percent, while Massachusetts’s Gross Domestic Product (GDP) increased by 25 percent.

Massachusetts Home Buyers Pushed Sales to Another Record for the Month of June

The Massachusetts Association of Realtors® (MAR) reported today that home buyers pushed home sales to another record for the month of June. While year-over-year increases were more modest compared to previous months, single-family home median prices hit $380,000 for the first time. Condominium sales also closed higher with median prices up from 2015.

Mayor Walsh Announces Support for Community Preservation Act

Further affirming his commitment to ensuring access to quality housing and open space, in a city that values and preserves its history, Mayor Martin J. Walsh today announced his support for the Community Preservation Act (CPA), which could provide a significant revenue stream to support affordable housing, historic preservation, and open space initiatives. The proposal, which is currently pending before the City Council, could potentially be placed on the ballot in Boston in November 2016.


What the heck is a condotel?

Have you ever dreamed of living in a hotel? Just imagine: You'd have housekeepers, valet drivers, room service and more -- all there to...


Mayor Sarno Recommends Fiscal Year 2018 Property Tax Rates to Springfield...

Mayor Domenic J. Sarno announced today his preliminary recommendation for Fiscal Year 2018 property tax rates. This will now be sent to the Springfield City Council for consideration at a meeting scheduled for Monday, December 11, 2017 at 6:00 p.m. The recommended rates are $ 19.69 for residential and $39.25 for commercial, industrial, and personal property (CIP) (per $1,000 valuation).