This video is about the Massachusetts Real Estate Market. These videos are produced every week to provide market color about the local real estate.
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Massachusetts Real Estate Market Update. This is for data consisting the week ending 8.7.2023.
Recap of Video:
✅ Single Family 🏠 & Condo data for the week of 8/7/2023!
✅ We are talking Interest rates and what is the Golden Handcuff in Real Estate?
➡️ Single Family 🏡 Market Data Week over Week ⬅️
✅ Single Family inventory of 3,785 homes available to buyers with 905 🏠 homes coming on the market this week.
✅ 893 Single Family homes went under agreement with 640 Single Families 💰 selling for an average price of $853k and a Median Price of $670k.
➡️ Condo Market Data Week over Week ⬅️
✅ Condo inventory in Massachusetts on 📅 8/7 was 2,195 condos available to buyers with 437 newly listed condos coming on the market last week.
✅ 344 Condos went under agreement with 273 Condos 💰 selling for an average price of $723k and a Median Price of $540k.
➡️ Mortgage Market News & Other Headlines ⬅️
✅ Interest rates went up… A little. It’s all about the CPI on Thursday!
✅ What is the Golden Handcuff in Real Estate? And why does it matter?
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Video Chapters
00:00 – Massachusetts Real Estate Introduction
1:15 – Massachusetts Real Estate Single Family Data
4:42 – Massachusetts Real Estate Condo Market Data
6:23 – Interest Rates, and where they are headed…
6:53 – Massachusetts Real Estate The Golden Handcuff
9:38 – Conclusion
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Jeffrey Chubb | Chubb Homes Team | 617-480-2600 | Jeff@Boston2.com | https://www.Boston2.com | Brokered by eXp Realty
Wondering what the Massachusetts Real Estate Market Conditions are in 2022? Then this is the place to visit each week. Jeffrey will give an update on Massachusetts Real Estate for Massachusetts Single Family and Massachusetts Condo homes. Whether you are looking for a Boston Market Update or an entire Massachusetts Market Update, then this data will be helpful! He will provide the weekly market stats as well as some weekly market color as to what is going on in the Massachusetts Housing Market and whether Massachusetts Real Estate appreciating or Massachusetts Real Estate depreciating. Whether it is Boston Real Estate or anywhere else in the state, the market reports matter!
Disclaimer: These are the opinions of Jeffrey Chubb personally and not eXp Realty. You should do your own research to come up with your own conclusions when it comes to making the investment decision of buying or selling real estate.