This page, along with our Massachusetts and New Hampshire Real Estate Updates pages,
will be updated continually to track market progress, so bookmark it to check back.
COVID-19 has impacted the real estate market mainly by causing substantially fewer sellers to list their homes for sale. Below are some graphs that show the initial decrease in various market activities and then their recovery on a weekly basis.
Last Updated: 4/26/2022 –10:07 AM
HOMES LISTED MONTHLY
As illustrated, in 2021, listings almost reached pre-pandemic levels, but are predicted to remain lower still in 2022.
ACTIVE INVENTORY MONTHLY
The graph illustrates monthly active inventory. So far, 2022 has shown historically low inventory and it has continued to trend downwards still as we head further into the year.
HOMES PENDING MONTHLY
So far in 2022, the number of homes placed under agreement (contracts accepted) remains significantly lower than what we saw in 2021, but has started to trend upward as the year progresses.
HOMES SOLD MONTHLY
The graph illustrates the number of homes sold per month. Thus far, 2022 has remained historically low compared to previous years.
AVERAGE SELLING PRICE PER MONTH - SINGLE FAMILY
Prices for single family homes in 2022 are substantially higher than in previous years.
This chart depicts prices from 2019 to March 2022.
AVERAGE SELLING PRICE PER MONTH - CONDOS & TOWNHOMES
Prices for condos & townhomes in 2022 are substantially higher than in previous years.
This chart depicts prices from 2019 to March 2022.
Click the link below to access our COVID-19 Real Estate Resources, COVID-19 Mortgage Resources, and REAL SAFE Real Estate Initiative.