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.
To view our COVID-19 Resources click here and to view our Mortgage Resources click here.
This page, along with our Massachusetts Real Estate Updates page, will be updated continually to track market progress, so bookmark it to check back.
Last Updated: 01/11/2021 – 2:20 PM
HOMES LISTED PER WEEK
As illustrated below, the number of homes listed for sale per week dropped in March after the stay at home advisory was enacted.
HOMES PENDING PER WEEK
The number of homes placed under agreement (contracts accepted) dropped in the second week of March, when normally at that time pendings are increasing. The decline lasted until the second week of April, but in the past two weeks has gained steam.
HOMES SOLD PER WEEK
The graph below illustrates the number of homes sold per week.
AVERAGE SELLING PRICE PER MONTH
Prices for homes in 2020 are substantially higher than in previous years.
Click the button below to visit our COVID-19 & Real Estate Page
Visit this menu page to access our COVID-19 Real Estate Resources, COVID-19 Mortgage Resources, REAL SAFE Real Estate Initiative, and MA Real Estate Updates.