This page, along with our Massachusetts and Florida Real Estate Updates page,
will be updated continually to track market progress, so bookmark it to check back.
This page depicts the evolving market with data that we run weekly. This data shows how the market is performing and helps predict future trends based on current & past performance.
Last Updated: 8/10/2022 – 9:26 AM
HOMES LISTED PER WEEK
As illustrated, the number of homes listed in 2022 began lower compared to previous years, but increased to 2021 levels around May (week 20). Homes that do get listed haven’t remained on the market for long with anxious buyers jumping on listings as soon as they hit the market. As buyer affordability is impacted by interest rates, we may see listings linger a little longer on the market as the year progresses.
(Weekly data run Sunday-Saturday)
HOMES PENDING PER WEEK
The number of homes placed under agreement (contracts accepted) in 2022 has been lower when compared to previous years, corresponding with the lower number of listings placed on the market at the beginning of the year, and more recently due to lower buyer affordability due to higher mortgage rates.
(Weekly data run Sunday-Saturday)
HOMES SOLD PER WEEK
The graph illustrates the number of homes sold per week. 2022 is expected to follow similar trendlines to 2021 for the first half of the year, but may likely show lower performance by the end of the year due to the changing market.
(Weekly data run Sunday-Saturday)
AVERAGE SELLING PRICE PER MONTH
Prices for homes in 2022 are substantially higher than in previous years.
This chart depicts prices from 2017 to June 2022.
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