The 876 homes sold in January 2021 was a record-high sales volume for the month and was a 13.5 percent increase from the 772 homes sold in January 2020. The median sales price also reached a record high for the month of January at $674,950, which was a 11.6 percent increase from the January 2020 median sales prices of $605,000. See the full report here.
Did you miss last week’s post about “The Extreme Seller’s Market”
“There are so many buyers who have been house-hunting for months, if not years, and that’s created tremendous pent-up demand. When you combine that with those now looking to trade-up for more home or to take advantage of historically low mortgage rates, you get a busier than normal market. That’s exactly what we’ve seen, with large crowds at open houses, plenty of multiple offer situations, and homes priced right selling quickly,” President of The Greater Boston Association of Realtors
The report below is courtesy of The Greater Boston Association of Realtors.
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