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home buyer

MA Home Sale Prices August 2022

Are MA Home Sale Prices Still Rising in 2022? Comparing home sale prices for year-to-date August 31, 2021 and 2022 confirms that sale prices in Massachusetts continue to rise despite higher interest rates. In Arlington, Belmont, Cambridge, Medford, and Somerville the average sale price for Condominium, Single Family, and Multi-Family homes increased from 4% to...

Home Sales Market Timing 2020 – 2021

Victorian home with wrap around porch and mature trees and landscape
Market Timing 2020 - 2021 How fast did properties sell in 2021?  The most accurate measurement is "Days to Offer" which shows how quickly home buyers submitted offers and how quickly the sellers accepted an offer.  The market statistics below reflect the average days to offer and average days on market for Condominium, Single Family,...

Snapshot of Home Buyers Today

According to the 2019 Profile of Home Buyers and Sellers conducted by the National Association of Realtors®, the typical home buyer in 2019 was 47 years old with median household income of $93,200.  Of all the home buyers who participated in the survey, 33% purchased a home for the first time which was the same…