Blink and You'll Miss It! MA's Lightning-Fast Real Estate Market

If you're house-hunting in Massachusetts, get ready to sprint! A new study from Clever reveals that our state boasts the fastest-selling real estate market in the entire country.

Massachusetts: Where Homes Fly Off the Shelf

• 22 Days on the Market: That's the median time a home spends listed in MA, a full 18 days faster than the national average!

• Tight Inventory: Our state has less than two months of housing supply at the current sales rate, further fueling the competitive market.

• High Demand, High Prices: With a median home price of $629,000, Massachusetts ranks fourth highest in the nation.

• Sales Surge: Home sales in MA increased by 2.6% from 2023 to 2024.

Boston's Hot Streak:

• Top 10 City: Boston ranks 6th among the fastest-selling cities nationwide.

• 21 Days in Boston: Homes in the city sell in a median of just 21 days.

• Even Tighter Supply: Boston has only 1.8 months of housing supply.

• Boston's High Price Point: The median home price in Boston is $716,000.

• Sales are up: Boston home sales increased by over 3% from 2023 to 2024.

Why the Rush?

The combination of high demand and low inventory is creating a frenzy. Buyers need to be prepared to act quickly and decisively.

What This Means for You:

• Buyers:

  • Get pre-approved for a mortgage before you start your search.

  • Work with an experienced agent who knows the local market.

  • Be ready to make strong offers quickly.

  • Don't hesitate, or you'll miss out!

• Sellers:

  • You're in a prime position!

  • Ensure your home is priced competitively.

  • Stage your home to make a strong first impression.

  • Be prepared for multiple offers.

  

  States where homes sell the fastest

The Fastest-Moving States:

Massachusetts leads the pack, followed by:

• Nebraska

• Washington

• Alaska

• Kansas

• Indiana

• Rhode Island

• Michigan

• Delaware

• Virginia

Want to navigate this fast-paced market with confidence: 

This market demands a strategic approach. Reply to this email with 'STRATEGY' and we can schedule a free consultation. We'll discuss your specific goals and create a personalized plan to either sell quickly for top dollar, or find your dream home before anyone else.