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MA Home Sale Prices Q1 2022

Will Home Sale Prices Rise in 2022? Multiple offers and bidding wars continued in MA during the first quarter of 2022 for homes in good condition, priced fairly, and providing larger living space.  If home buyer demand continues to outpace available inventory then we can expect home sale prices to continue rising. In most of...

2021 Housing Inventory in MA

Housing Inventory and Sales Increased in 2021 Despite housing inventory increasing 7% to 63% in Arlington, Belmont, Cambridge, Medford, and Somerville MA in 2021; increased home buyer demand resulted in record-breaking sale prices and the highest percentage of listings sold in years. Home Buyer Demand Out-Paced Housing Inventory Typically when housing inventory increases, the resulting...

2021 Home Sale Prices in Massachusetts

Another Record-Breaking Year for Home Sale Prices Single and Multi-Family homes were clear winners in the jaw-dropping bidding wars for homes in Arlington, Belmont, Cambridge, Medford, and Somerville, MA in 2021. In Arlington and Belmont, median sale prices increased for all predominant property types being Condominium, Single Family, and Multi-Family homes.  In Cambridge, Somerville, and Medford...

Home Heating Cost: Winter Outlook

How much will it cost to heat our homes this Winter?  Heating costs will depend in part on our primary heating fuel (natural gas, oil, electricity, propane, wood) and household consumption.  Heating fuel prices and consumption will increase this winter according to the U.S. Energy Information Administration.  Given the number of employees continuing to work…