MASS June Housing Stats

The trend in Massachusetts housing continues as numbers on both sales volume and price for June improved month over month, but are worse with respect to a comparison with June of 2007. (Source: MAR)

Sales of single-family homes decreased by 14.9% (June '07 compared to June '08), but were up 21% when compared to May of this year. The median selling price of $334,900 was the highest since October of '07, but was off 8% when compared with June of '07. (Source: MAR)

Condominium sales decreased by 2o.3% in June '07 compared to June '08, but were up 14.4% when compared to May of this year. The median selling price of $296,000 was the highest since July of '07 and was off less than 1% when compared to June of '07. (Source: MAR)

Inventory of residential homes for sale is at the lowest level in a year at 8.3 months. Although at the high end of the spectrum, this is considered a healthy supply of inventory and shows marked improvement over May when inventory was at 9.8 months of supply. (Source: MAR)

Days on market for properties selling in June was 129 days and 140 days for single family homes and condominiums, respectively. (Source: MAR)

Finally, to those of you who braved last night's weather and joined my family and me for our annual Lowell Spinners outing, thank you for making it a great time!