As we close out the first quarter of 2021, Greater Boston is seeing one of the strongest sellers markets in history. Looking ahead to Q2, as vaccination rates rise and businesses reopen, city living will continue and the pace of the market should remain brisk.
MAS SACHUS E T TS
Q1 2021 Market Report
Compass Offices
B O S TO N 126 Newbury Street, Floor 2 617.206.3333
H I N G H A M 18 Shipyard Drive, Suite 3C 781.285.8028
C A M B R I D G E 1100 Massachusetts Avenue 1073 Massachusetts Avenue 617.303.0067
L E X I N G TO N 7 Muzzey Street, Lexington 781.386.0624
WE L L E S L E Y 161 Linden Street, Suite 102 781.365.9954
C A P E CO D 877 Main Street, Osterville 734.203.7601
WE S TO N 450 Boston Post Road 781.739.2640
C H E S T N U T H I L L 1330 Boylston Street, Floor 2 617.752.6845
W I N C H E S T E R 41 Thompson Street 781.219.0313
3
COMPASS IS A LICENSED REAL ESTATE BROKER AND ABIDES BY EQUAL HOUSING OPPORTUNITY LAWS.
As we close out the first quarter of 2021, Greater Boston is seeing one of the strongest seller’s markets in history. Driven by a lack of single-family home inventory, very low interest rates, and pent-up buyer demand, those looking to change their living situation based on their at-home experiences over the past year are entering a very competitive buyer pool. Single-family inventory remains at historically low levels throughout the region, which is driving multiple offers and higher prices for properties. The inventory of condos in Boston, Cambridge, and Brookline — all markets with a high percentage of condos — remains elevated but is slowly starting to decrease. For buyers, it’s important to work closely with their agent to present themselves as a strong, qualified buyer by getting pre-approved and being ready to pounce on the home of their dreams the moment they see it. Buyers can also benefit from reevaluating their expectations and setting realistic
goals, with the understanding that they may need to look in a lower price point so they have the ability to go beyond the asking price when submitting an offer. For those sellers who have decided that this is their year to sell, the best thing they can do is get their property on the market as soon as possible in order to take advantage of the current environment and maximize the value of their home. Looking ahead to Q2, as vaccination rates rise and businesses reopen, renewed interest in city living will continue and the pace of the market should remain brisk. Record low mortgage rates, pent-up demand, and plenty of choices in the condo market could fuel an early and robust selling season. The challenges of a strong seller’s market in the single-family home category could lead buyers to seek alternatives, such as larger condos and townhouses, or withdraw from the market until additional inventory becomes available.
Looking Back, Looking Ahead
5
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FRESH PA I NT
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UPDATED F LOOR I NG
This information is provided for informational purposes only and is not a solicitation, recommendation, offer or promise to provide services. Compass is not offering legal, financial or other professional advice. Compass reserves the right to refuse, reject, or cancel the program for any reason at any time without liability. Compass offers no guarantee or warranty of results. Subject to additional terms and conditions. Individual results may vary. Testimonials are not intended to guarantee the same or similar results.
7
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Learn more at compass.com/bridge-loan-services
Information regarding lenders which offer short-term Bridge Loan financing is provided for informational purposes only and does not constitute an endorsement of the particular lenders referenced. Compass cannot guarantee that these institutions will be able to assist and does not assume any responsibility as to the performance of services to be provided by these institutions. There are no requirements that you participate in the Compass Bridge Loan Services or obtain a loan from these providers to participate in any other Compass programs (such as Compass Concierge). Speak to your Bridge Loan lender about all the costs you may be responsible for in connection with your Bridge Loan.
9
DAY S O N M A R K E T ( D OM ) Days on market is defined as the total number of days a listing is active before an offer is accepted or the listing is pulled off the market. MO N T H LY S U P P LY An estimated time it would take to sell all current active listings based on the trailing 12-month sales rate. % L I S T P R I C E TO C LO S E D P R I C E Also known as the “Sale-to-List Ratio.” This is the ratio of the final sale price of a home to its list price or asking price. The ratio is an indication of whether homes are selling above, at, or below list prices. Figuring out this ratio is a simple two- step process: divide the selling price by the asking price, then multiply the result by 100 to make it a percentage. M A R K E T AC T I O N I N D E X T M Developed by Altos Research, this is an at-a-glance measurement of market conditions. The index compares rate of sales to inventory to determine if it is a buyer’s market or seller’s market.
Glossary
S I N G L E FA M I LY A standalone house is a free-standing residential building. It is sometimes referred to as a single- family home, as opposed to a multi-family residential dwelling. CO N D O A condominium, often shortened to condo, is a type of living space similar to an apartment but independently sellable and therefore regarded as real estate. C LO S E D S A L E S Figures for the current quarter are based on known closings recorded at the time the report is prepared. AV E R AG E S A L E P R I C E The sum of all prices divided by the total number of properties.
QUA R T E R S Q1 January 1 – March 31 Q2 April 1 – June 30 Q4 July 1 – September 30 Q4 October 1 – December 31
1 1
TAB L E OF CONT ENTS
1 4 1 8 2 2 2 6 3 0
3 4 3 8 4 2 4 6 5 0
5 4 5 8 62 6 6 70
74 78 8 2 8 6 9 0
94 98
1 1 4 1 1 8 1 2 2 1 2 6 1 3 0
1 3 4 1 3 8 1 4 2 1 4 6 1 5 0
ANDOVER ARLINGTON BACK BAY BARNSTABLE BEACON HILL
BROOKLINE CAMBRIDGE CANTON CHATHAM COHASSET
CONCORD DENNIS DOVER FALMOUTH HINGHAM
JAMAICA PLAIN LEXINGTON LYNNFIELD MELROSE MILTON
NATICK NEEDHAM NEWTON ORLEANS OSTERVILLE
QUINCY SANDWICH SHERBORN SOMERVILLE SOUTH BOSTON
SOUTH END WAYLAND WELLESLEY WESTON WINCHESTER
1 0 2 1 0 6 1 1 0
1 3
4 2 . 6 5 8 4 , - 7 1 . 1 3 70
Andover
Situated 25 miles north of Boston, Andover is full of historical charm. Residents enjoy a peaceful atmosphere, including a picturesque downtown center with quaint shops, while remaining within easy commuting distance from the city.
1 5
ANDOVER
P OP U LAT I ON
AV E R AG E I NC OM E
3 6 , 3 5 6
$ 1 5 1 , 3 3 4
Single Family
51
49
-3.9%
Q 1 2 0 2 0 S A L E S
Q 1 2 0 2 1 S A L E S
% C H A N G E
$758,298
$921,184
21.5%
Q 1 2 0 2 0 AV E R A G E S A L E S P R I C E
Q 1 2 0 2 1 AV E R A G E S A L E S P R I C E
% C H A N G E
68
34
-50.0%
Q 1 2 0 2 0 D O M
Q 1 2 0 2 1 D O M
% C H A N G E
S I N G L E F A M I L Y
* Graph Legend
Q 1 M A R K E T
68
Buyer’s Market (Supply > Demand)
A C T I O N I N D E X T M *
0
30
100
Buyers
Sellers
Seller’s Market (Demand > Supply)
Market Data: MLS as of April 4, 2021 Demographic Data: US Census Bureau as of July 1, 2019 Market Action Index Data: Based on 90-day average supplied by Altos Research as of April 2, 2021
1 7
4 2 . 41 5 2 , - 7 1 . 1 5 69
Arlington
Offering tree-lined residential neighborhoods, ample acres of parkland, views of Boston, and easy access to major highways, Arlington combines urban living with suburban space to create a neighborhood for everyone.
1 9
ARLINGTON
P OP U LAT I ON
AV E R AG E I NC OM E
4 5 , 5 3 1
$ 1 0 7 , 0 8 5
Single Family
44
42
-4.5%
Q 1 2 0 2 0 S A L E S
Q 1 2 0 2 1 S A L E S
% C H A N G E
$915,055
$961,381
5.1%
Q 1 2 0 2 0 AV E R A G E S A L E S P R I C E
Q 1 2 0 2 1 AV E R A G E S A L E S P R I C E
% C H A N G E
35
29
-17.1%
Q 1 2 0 2 0 D O M
Q 1 2 0 2 1 D O M
% C H A N G E
S I N G L E F A M I L Y
* Graph Legend
Q 1 M A R K E T
75
Buyer’s Market (Supply > Demand)
A C T I O N I N D E X T M *
0
30
100
Buyers
Sellers
Seller’s Market (Demand > Supply)
Market Data: MLS as of April 4, 2021 Demographic Data: US Census Bureau as of July 1, 2019 Market Action Index Data: Based on 90-day average supplied by Altos Research as of April 2, 2021
2 1
4 2 . 3 5 1 2 , - 7 1 . 0 8 03
Back Bay
Situated within the heart of Boston alongside the Charles River, many of the city's best shops and restaurants are clustered in this picturesque neighborhood. With an urban plan that mirrors Paris, Back Bay emanates a similarly sophisticated sensibility.
2 3
BACK BAY
P OP U LAT I ON
AV E R AG E I NC OM E
1 7 , 5 7 7
$ 8 8 , 4 6 9
Condo
60
64
6.7%
Q 1 2 0 2 0 S A L E S
Q 1 2 0 2 1 S A L E S
% C H A N G E
$2,275,923
$1,975,053
-13.2%
Q 1 2 0 2 0 AV E R A G E S A L E S P R I C E
Q 1 2 0 2 1 AV E R A G E S A L E S P R I C E
% C H A N G E
76
Q 1 2 0 2 1 D O M 108
42.1%
Q 1 2 0 2 0 D O M
% C H A N G E
C O N D O
* Graph Legend
Q 1 M A R K E T
35
Buyer’s Market (Supply > Demand)
A C T I O N I N D E X T M *
0
30
100
Buyers
Sellers
Seller’s Market (Demand > Supply)
Market Data: MLS as of April 4, 2021 Demographic Data: US Census Bureau as of July 1, 2019 Market Action Index Data: Based on 90-day average supplied by Altos Research as of April 2, 2021
2 5
41 . 67 76 , - 70 . 3 592
Barnstable
Barnstable is the largest community, both in land area and population, on Cape Cod. A popular tourist destination, Barnstable features historic gems with seaside charm and beautiful beaches.
2 7
BARNSTABLE
P OP U LAT I ON
AV E R AG E I NC OM E
2 1 2 , 9 9 0
$ 7 4 , 3 3 6
Single Family
Q 1 2 0 2 0 S A L E S 504
Q 1 2 0 2 1 S A L E S 656
30%
% C H A N G E
$378,521
$475,117
25.5%
Q 1 2 0 2 0 AV E R A G E S A L E S P R I C E
Q 1 2 0 2 1 AV E R A G E S A L E S P R I C E
% C H A N G E
86
60
-30.2%
Q 1 2 0 2 0 D O M
Q 1 2 0 2 1 D O M
% C H A N G E
S I N G L E F A M I L Y
* Graph Legend
Q 1 M A R K E T
44
Buyer’s Market (Supply > Demand)
A C T I O N I N D E X T M *
0
30
100
Buyers
Sellers
Seller’s Market (Demand > Supply)
Market Data: MLS as of April 5, 2021 Demographic Data: US Census Bureau as of July 1, 2019 Market Action Index Data: Based on 90-day average supplied by Altos Research as of April 2, 2021
2 9
4 2 . 3 5 8 8 , - 7 1 . 0707
Beacon Hill
An elegant neighborhood steeped in history and nestled behind the golden dome of the State House. Illuminated by gas street lamps, this tranquil community is full of romantic cobblestone streets and understated dining haunts.
3 1
BEACON HILL
P OP U LAT I ON
AV E R AG E I NC OM E
5 , 0 5 8
$ 9 3 , 0 3 3
Condo
25
32
28.0%
Q 1 2 0 2 0 S A L E S
Q 1 2 0 2 1 S A L E S
% C H A N G E
$2,260,880
$1,584,139
-29.9%
Q 1 2 0 2 0 AV E R A G E S A L E S P R I C E
Q 1 2 0 2 1 AV E R A G E S A L E S P R I C E
% C H A N G E
64
89
39.1%
Q 1 2 0 2 0 D O M
Q 1 2 0 2 1 D O M
% C H A N G E
C O N D O
* Graph Legend
Q 1 M A R K E T
39
Buyer’s Market (Supply > Demand)
A C T I O N I N D E X T M *
0
30
100
Buyers
Sellers
Seller’s Market (Demand > Supply)
Market Data: MLS as of April 4, 2021 Demographic Data: US Census Bureau as of July 1, 2019 Market Action Index Data: Based on 90-day average supplied by Altos Research as of April 2, 2021
3 3
4 2 . 3 3 1 6 , - 7 1 . 1 2 1 6
Brookline
Surrounded by greenery, Brookline is a haven for nature-lovers and also has a thriving local community. The town has thriving small businesses and a grassroots arts scene, with all the attractions of Boston and Cambridge just next-door.
3 5
BROOKLINE
P OP U LAT I ON
AV E R AG E I NC OM E
5 9 , 1 2 1
$ 1 1 3 , 5 1 5
Condo
61
96
57.4%
Q 1 2 0 2 0 S A L E S
Q 1 2 0 2 1 S A L E S
% C H A N G E
$1,143,388
$1,006,973
-11.9%
Q 1 2 0 2 0 AV E R A G E S A L E S P R I C E
Q 1 2 0 2 1 AV E R A G E S A L E S P R I C E
% C H A N G E
62
78
25.8%
Q 1 2 0 2 0 D O M
Q 1 2 0 2 1 D O M
% C H A N G E
C O N D O
* Graph Legend
Q 1 M A R K E T
53
Buyer’s Market (Supply > Demand)
A C T I O N I N D E X T M *
0
30
100
Buyers
Sellers
Seller’s Market (Demand > Supply)
Market Data: MLS as of April 4, 2021 Demographic Data: US Census Bureau as of July 1, 2019 Market Action Index Data: Based on 90-day average supplied by Altos Research as of April 2, 2021
3 7
4 2 . 3 7 3 6 , - 7 1 . 1 1 0 5
Cambridge
As Boston's creative community across the Charles, Cambridge is an intellectual hotspot with a vibrant arts and culture scene. As a city, Cambridge channels the spirit of a European capital with distinct neighborhoods and a forward-thinking ethos.
39
CAMBRIDGE
P OP U LAT I ON
AV E R AG E I NC OM E
1 1 8 , 9 2 7
$ 9 5 , 4 0 4
Condo
84
117
39%
Q 1 2 0 2 0 S A L E S
Q 1 2 0 2 1 S A L E S
% C H A N G E
$1,048,192
$889,263
-15.2%
Q 1 2 0 2 0 AV E R A G E S A L E S P R I C E
Q 1 2 0 2 1 AV E R A G E S A L E S P R I C E
% C H A N G E
57
61
7.0%
Q 1 2 0 2 0 D O M
Q 1 2 0 2 1 D O M
% C H A N G E
C O N D O
* Graph Legend
Q 1 M A R K E T
52
Buyer’s Market (Supply > Demand)
A C T I O N I N D E X T M *
0
30
100
Buyers
Sellers
Seller’s Market (Demand > Supply)
Market Data: MLS as of April 4, 2021 Demographic Data: US Census Bureau as of July 1, 2019 Market Action Index Data: Based on 90-day average supplied by Altos Research as of April 2, 2021
41
4 2 . 1 5 8 4 , - 7 1 . 1 4 4 8
Canton
Situated about 15 miles southwest of downtown Boston, Canton is a commuter's dream. This historic town offers residents a dense suburban feel, with many restaurants, coffee shops, and parks.
4 3
CANTON
P OP U LAT I ON
AV E R AG E I NC OM E
2 3 , 8 0 5
$ 1 0 5 , 9 1 9
Single Family
36
40
11.1%
Q 1 2 0 2 0 S A L E S
Q 1 2 0 2 1 S A L E S
% C H A N G E
$648,515
$718,665
10.8%
Q 1 2 0 2 0 AV E R A G E S A L E S P R I C E
Q 1 2 0 2 1 AV E R A G E S A L E S P R I C E
% C H A N G E
74
48
-35.1%
Q 1 2 0 2 0 D O M
Q 1 2 0 2 1 D O M
% C H A N G E
S I N G L E F A M I L Y
* Graph Legend
Q 1 M A R K E T
75
Buyer’s Market (Supply > Demand)
A C T I O N I N D E X T M *
0
30
100
Buyers
Sellers
Seller’s Market (Demand > Supply)
Market Data: MLS as of April 5, 2021 Demographic Data: US Census Bureau as of July 1, 2019 Market Action Index Data: Based on 90-day average supplied by Altos Research as of April 2, 2021
4 5
41 . 6 8 2 0 , - 69. 9597
Chatham
Chatham's spectacular coastline and remote location have kept generations of summer residents coming back each year. With its old Cape Cod quaintness and vast, pristine beaches, Chatham continues to be one of the most desirable locations on the Cape.
47
CHATHAM
P OP U LAT I ON
AV E R AG E I NC OM E
5 , 9 8 2
$ 7 7 , 8 7 8
Single Family
122
Q 1 2 0 2 1 S A L E S 256
109.8%
Q 1 2 0 2 0 S A L E S
% C H A N G E
$904,223
$1,522,425
68.4%
Q 1 2 0 2 0 AV E R A G E S A L E S P R I C E
Q 1 2 0 2 1 AV E R A G E S A L E S P R I C E
% C H A N G E
Q 1 2 0 2 0 D O M 136
111
-18.4%
Q 1 2 0 2 1 D O M
% C H A N G E
S I N G L E F A M I L Y
* Graph Legend
Q 1 M A R K E T
45
Buyer’s Market (Supply > Demand)
A C T I O N I N D E X T M *
0
30
100
Buyers
Sellers
Seller’s Market (Demand > Supply)
Market Data: MLS as of April 5, 2021 Demographic Data: US Census Bureau as of July 1, 2019 Market Action Index Data: Based on 90-day average supplied by Altos Research as of April 2, 2021
49
4 2 . 2 41 8 , - 70 . 8 03 6
Cohasset
Perfectly situated between Boston and Cape Cod, Cohasset offers all of the beachy charm and historical character without the crowds. Commute downtown by boat and enjoy a small-town feel with city amenities on the South Shore.
5 1
COHASSET
P OP U LAT I ON
AV E R AG E I NC OM E
8 , 5 4 8
$ 1 3 2 , 2 0 4
Single Family
25
26
4.0%
Q 1 2 0 2 0 S A L E S
Q 1 2 0 2 1 S A L E S
% C H A N G E
$1,101,980
$2,005,365
82.0%
Q 1 2 0 2 0 AV E R A G E S A L E S P R I C E
Q 1 2 0 2 1 AV E R A G E S A L E S P R I C E
% C H A N G E
118
90
-23.7%
Q 1 2 0 2 0 D O M
Q 1 2 0 2 1 D O M
% C H A N G E
S I N G L E F A M I L Y
* Graph Legend
Q 1 M A R K E T
53
Buyer’s Market (Supply > Demand)
A C T I O N I N D E X T M *
0
30
100
Buyers
Sellers
Seller’s Market (Demand > Supply)
Market Data: MLS as of April 4, 2021 Demographic Data: US Census Bureau as of July 1, 2019 Market Action Index Data: Based on 90-day average supplied by Altos Research as of April 2, 2021
5 3
4 2 . 4 6 03 , - 7 1 . 3 4 89
Concord
Home of the "shot heard 'round the world," Concord has no shortage of charming features. Bordering Thoreau's Walden Pond, the town also offers residents plenty of parks and hiking trails all within 20 miles of Boston.
5 5
CONCORD
P OP U LAT I ON
AV E R AG E I NC OM E
1 8 , 9 1 8
$ 1 5 2 , 3 1 8
Single Family
36
33
-8.3%
Q 1 2 0 2 0 S A L E S
Q 1 2 0 2 1 S A L E S
% C H A N G E
$1,338,949
$1,619,621
21.0%
Q 1 2 0 2 0 AV E R A G E S A L E S P R I C E
Q 1 2 0 2 1 AV E R A G E S A L E S P R I C E
% C H A N G E
Q 1 2 0 2 0 D O M 139
87
-37.4%
Q 1 2 0 2 1 D O M
% C H A N G E
S I N G L E F A M I L Y
* Graph Legend
Q 1 M A R K E T
55
Buyer’s Market (Supply > Demand)
A C T I O N I N D E X T M *
0
30
100
Buyers
Sellers
Seller’s Market (Demand > Supply)
Market Data: MLS as of April 4, 2021 Demographic Data: US Census Bureau as of July 1, 2019 Market Action Index Data: Based on 90-day average supplied by Altos Research as of April 2, 2021
5 7
41 . 7 3 5 3 , - 70 . 1 939
Dennis
A popular seaside resort town, located near the center of Cape Cod, Dennis radiates traditional New England charm with features like scenic historic districts hailing back to whaling days, Dennis is filled with beaches on the Nantucket Sound to the South and Cape Cod Bay to the North.
59
DENNIS
P OP U LAT I ON
AV E R AG E I NC OM E
1 3 , 8 7 1
$ 6 5 , 6 1 6
Single Family
Q 1 2 0 2 0 S A L E S 285
307
7.7%
Q 1 2 0 2 1 S A L E S
% C H A N G E
$503,363
$528,374
5.0%
Q 1 2 0 2 0 AV E R A G E S A L E S P R I C E
Q 1 2 0 2 1 AV E R A G E S A L E S P R I C E
% C H A N G E
86
52
-39.5%
Q 1 2 0 2 0 D O M
Q 1 2 0 2 1 D O M
% C H A N G E
S I N G L E F A M I L Y
* Graph Legend
Q 1 M A R K E T
49
Buyer’s Market (Supply > Demand)
A C T I O N I N D E X T M *
0
30
100
Buyers
Sellers
Seller’s Market (Demand > Supply)
Market Data: MLS as of April 5, 2021 Demographic Data: US Census Bureau as of July 1, 2019 Market Action Index Data: Based on 90-day average supplied by Altos Research as of April 2, 2021
61
4 2 . 2 4 59 , - 7 1 . 2 8 2 8
Dover
Nestled on the south banks of the Charles River, Dover is a tight-knit community that offers a peaceful, rural feel, and is home to miles of trails and woods for outdoor recreation.
63
DOVER
P OP U LAT I ON
AV E R AG E I NC OM E
6 , 1 2 7
$ 2 5 0 , 0 0 0
Single Family
15
19
26.7%
Q 1 2 0 2 0 S A L E S
Q 1 2 0 2 1 S A L E S
% C H A N G E
$1,820,373
$1,753,721
-3.7%
Q 1 2 0 2 0 AV E R A G E S A L E S P R I C E
Q 1 2 0 2 1 AV E R A G E S A L E S P R I C E
% C H A N G E
187
Q 1 2 0 2 1 D O M 144
-23.0%
Q 1 2 0 2 0 D O M
% C H A N G E
S I N G L E F A M I L Y
* Graph Legend
Q 1 M A R K E T
41
Buyer’s Market (Supply > Demand)
A C T I O N I N D E X T M *
0
30
100
Buyers
Sellers
Seller’s Market (Demand > Supply)
Market Data: MLS as of April 4, 2021 Demographic Data: US Census Bureau as of July 1, 2019 Market Action Index Data: Based on 90-day average supplied by Altos Research as of April 2, 2021
6 5
41 . 5 5 3 2 , - 70 . 6 0 8 6
Falmouth
Located just 15 miles from the Bourne Bridge, this thriving waterfront community is truly spectacular. Comprised of eight different villages, each with its own style and flair, Falmouth offers something for everyone. With over 68 miles of coastline, this Cape town is world renowned for its beaches and sunsets.
67
FALMOUTH
P OP U LAT I ON
AV E R AG E I NC OM E
3 0 , 9 9 3
$ 7 3 , 2 0 1
Single Family
383
Q 1 2 0 2 1 S A L E S 446
16.4%
Q 1 2 0 2 0 S A L E S
% C H A N G E
$667,546
$790,355
18.4%
Q 1 2 0 2 0 AV E R A G E S A L E S P R I C E
Q 1 2 0 2 1 AV E R A G E S A L E S P R I C E
% C H A N G E
78
49
-37.2%
Q 1 2 0 2 0 D O M
Q 1 2 0 2 1 D O M
% C H A N G E
S I N G L E F A M I L Y
* Graph Legend
Q 1 M A R K E T
51
Buyer’s Market (Supply > Demand)
A C T I O N I N D E X T M *
0
30
100
Buyers
Sellers
Seller’s Market (Demand > Supply)
Market Data: MLS as of April 5, 2021 Demographic Data: US Census Bureau as of July 1, 2019 Market Action Index Data: Based on 90-day average supplied by Altos Research as of April 2, 2021
69
4 2 . 2 41 8 , - 70 . 8 898
Hingham
A seaside town with an easy commute to downtown Boston, Hingham has all the qualities of a classic New England community: a thriving town center, colonial heritage, and a true neighborly sensibility.
7 1
HINGHAM
P OP U LAT I ON
AV E R AG E I NC OM E
2 4 , 6 7 9
$ 1 5 5 , 6 6 2
Single Family
41
42
2.4%
Q 1 2 0 2 0 S A L E S
Q 1 2 0 2 1 S A L E S
% C H A N G E
$1,067,007
$1,201,667
12.6%
Q 1 2 0 2 0 AV E R A G E S A L E S P R I C E
Q 1 2 0 2 1 AV E R A G E S A L E S P R I C E
% C H A N G E
101
66
-34.7%
Q 1 2 0 2 0 D O M
Q 1 2 0 2 1 D O M
% C H A N G E
S I N G L E F A M I L Y
* Graph Legend
Q 1 M A R K E T
67
Buyer’s Market (Supply > Demand)
A C T I O N I N D E X T M *
0
30
100
Buyers
Sellers
Seller’s Market (Demand > Supply)
Market Data: MLS as of April 4, 2021 Demographic Data: US Census Bureau as of July 1, 2019 Market Action Index Data: Based on 90-day average supplied by Altos Research as of April 2, 2021
7 3
4 2 . 3 0 97, - 7 1 . 1 1 5 1
Jamaica Plain
With more green space than any other neighborhood in Boston, Jamaica Plain is truly a haven within the city. Its culturally and socioeconomically diverse population take pride in JP's locally-owned businesses, including an authentic international restaurant scene which boasts some of the best Cuban food in Greater Boston.
75
JAMAICA PLAIN
P OP U LAT I ON
AV E R AG E I NC OM E
3 9 , 2 4 0
$ 7 6 , 9 6 8
Condo
106
78
-26.4%
Q 1 2 0 2 0 S A L E S
Q 1 2 0 2 1 S A L E S
% C H A N G E
$694,767
$696,392
0.2%
Q 1 2 0 2 0 AV E R A G E S A L E S P R I C E
Q 1 2 0 2 1 AV E R A G E S A L E S P R I C E
% C H A N G E
63
53
-15.9%
Q 1 2 0 2 0 D O M
Q 1 2 0 2 1 D O M
% C H A N G E
C O N D O
* Graph Legend
Q 1 M A R K E T
65
Buyer’s Market (Supply > Demand)
A C T I O N I N D E X T M *
0
30
100
Buyers
Sellers
Seller’s Market (Demand > Supply)
Market Data: MLS as of April 4, 2021 Demographic Data: US Census Bureau as of July 1, 2019 Market Action Index Data: Based on 90-day average supplied by Altos Research as of April 2, 2021
7 7
4 2 . 4 47 3 , - 7 1 . 2 2 4 5
Lexington
Coined as the "birthplace of American liberty," Lexington is famous for being the location of the first battle in the American Revolution. The town is not only full of history and cultural attractions, but is also home to tree-lined streets and modern suburban amenities.
7 9
LEXINGTON
P OP U LAT I ON
AV E R AG E I NC OM E
3 3 , 1 3 2
$ 1 8 6 , 2 0 1
Single Family
47
51
8.5%
Q 1 2 0 2 0 S A L E S
Q 1 2 0 2 1 S A L E S
% C H A N G E
$1,357,089
$1,711,632
26.1%
Q 1 2 0 2 0 AV E R A G E S A L E S P R I C E
Q 1 2 0 2 1 AV E R A G E S A L E S P R I C E
% C H A N G E
94
52
-45%
Q 1 2 0 2 0 D O M
Q 1 2 0 2 1 D O M
% C H A N G E
S I N G L E F A M I L Y
* Graph Legend
Q 1 M A R K E T
62
Buyer’s Market (Supply > Demand)
A C T I O N I N D E X T M *
0
30
100
Buyers
Sellers
Seller’s Market (Demand > Supply)
Market Data: MLS as of April 4, 2021 Demographic Data: US Census Bureau as of July 1, 2019 Market Action Index Data: Based on 90-day average supplied by Altos Research as of April 2, 2021
8 1
4 2 . 5 398 , - 7 1 . 049 0
Lynnfield
Only 17 miles north of Boston, Lynnfield is a friendly suburban community with two major highways traversing the town, offering an easy commute into the city.
8 3
LYNNFIELD
P OP U LAT I ON
AV E R AG E I NC OM E
1 2 , 9 9 9
$ 1 2 8 , 6 4 1
Single Family
20
18
-10.0%
Q 1 2 0 2 0 S A L E S
Q 1 2 0 2 1 S A L E S
% C H A N G E
$784,971
$1,007,083
28%
Q 1 2 0 2 0 AV E R A G E S A L E S P R I C E
Q 1 2 0 2 1 AV E R A G E S A L E S P R I C E
% C H A N G E
74
23
-68.9%
Q 1 2 0 2 0 D O M
Q 1 2 0 2 1 D O M
% C H A N G E
S I N G L E F A M I L Y
* Graph Legend
Q 1 M A R K E T
74
Buyer’s Market (Supply > Demand)
A C T I O N I N D E X T M *
0
30
100
Buyers
Sellers
Seller’s Market (Demand > Supply)
Market Data: MLS as of April 4, 2021 Demographic Data: US Census Bureau as of July 1, 2019 Market Action Index Data: Based on 90-day average supplied by Altos Research as of April 2, 2021
8 5
4 2 . 4 5 61 , - 7 1 . 0 6 4 6
Melrose
Nestled just seven miles from Boston, Melrose is a perfect compromise between a busy city and peaceful landscape boasting old Victorian homes, a quaint downtown area, lush parks, and fields.
8 7
MELROSE
P OP U LAT I ON
AV E R AG E I NC OM E
2 8 , 0 1 6
$ 1 0 6 , 9 5 5
Single Family
37
35
-5.0%
Q 1 2 0 2 0 S A L E S
Q 1 2 0 2 1 S A L E S
% C H A N G E
$637,267
$762,720
20.0%
Q 1 2 0 2 0 AV E R A G E S A L E S P R I C E
Q 1 2 0 2 1 AV E R A G E S A L E S P R I C E
% C H A N G E
42
27
-35.7%
Q 1 2 0 2 0 D O M
Q 1 2 0 2 1 D O M
% C H A N G E
S I N G L E F A M I L Y
* Graph Legend
Q 1 M A R K E T
76
Buyer’s Market (Supply > Demand)
A C T I O N I N D E X T M *
0
30
100
Buyers
Sellers
Seller’s Market (Demand > Supply)
Market Data: MLS as of April 4, 2021 Demographic Data: US Census Bureau as of July 1, 2019 Market Action Index Data: Based on 90-day average supplied by Altos Research as of April 2, 2021
8 9
4 2 . 2 4 8 5 , - 7 1 . 0 69 1
Milton
Milton is a contemporary suburban community boasting lush greenery and a rich historical heritage. Milton has the most privately and publicly conserved land within 20 miles of Boston, making the town a perfect blend of urban living with a bucolic atmosphere.
9 1
MILTON
P OP U LAT I ON
AV E R AG E I NC OM E
2 7 , 5 2 7
$ 1 3 3 , 7 1 8
Single Family
35
48
37.0%
Q 1 2 0 2 0 S A L E S
Q 1 2 0 2 1 S A L E S
% C H A N G E
$1,211,164
$930,649
-23.2%
Q 1 2 0 2 0 AV E R A G E S A L E S P R I C E
Q 1 2 0 2 1 AV E R A G E S A L E S P R I C E
% C H A N G E
101
37
-63.4%
Q 1 2 0 2 0 D O M
Q 1 2 0 2 1 D O M
% C H A N G E
S I N G L E F A M I L Y
* Graph Legend
Q 1 M A R K E T
70
Buyer’s Market (Supply > Demand)
A C T I O N I N D E X T M *
0
30
100
Buyers
Sellers
Seller’s Market (Demand > Supply)
Market Data: MLS as of April 5, 2021 Demographic Data: US Census Bureau as of July 1, 2019 Market Action Index Data: Based on 90-day average supplied by Altos Research as of April 2, 2021
93
4 2 . 2 7 75 , - 7 1 . 3 4 6 8
Natick
Natick is a close-knit community of 36,000 residents. Between weekend farmer's markets, a local center for the arts, and a strong shopping scene, there is something for everyone. Conveniently located close to Route 9, the Mass Pike, and the commuter rail, Natick is an ideal spot for city commuters.
95
NATICK
P OP U LAT I ON
AV E R AG E I NC OM E
3 6 , 0 5 0
$ 1 0 9 , 4 9 0
Single Family
65
74
13.8%
Q 1 2 0 2 0 S A L E S
Q 1 2 0 2 1 S A L E S
% C H A N G E
$718,253
$794,391
10.6%
Q 1 2 0 2 0 AV E R A G E S A L E S P R I C E
Q 1 2 0 2 1 AV E R A G E S A L E S P R I C E
% C H A N G E
66
41
-37.9%
Q 1 2 0 2 0 D O M
Q 1 2 0 2 1 D O M
% C H A N G E
S I N G L E F A M I L Y
* Graph Legend
Q 1 M A R K E T
81
Buyer’s Market (Supply > Demand)
A C T I O N I N D E X T M *
0
30
100
Buyers
Sellers
Seller’s Market (Demand > Supply)
Market Data: MLS as of April 4, 2021 Demographic Data: US Census Bureau as of July 1, 2019 Market Action Index Data: Based on 90-day average supplied by Altos Research as of April 2, 2021
97
4 2 . 2 8 0 9 , - 7 1 . 2 3 7 7
Needham
A town rich with community activities, Needham has the feel of one big neighborhood. Home to vast conservation areas, a town pool, and a slew of fantastic restaurants, Needham is a welcoming town well-suited to buyers seeking a tight-knit community.
9 9
NEEDHAM
P OP U LAT I ON
AV E R AG E I NC OM E
3 1 , 3 8 8
$ 1 5 3 , 0 3 2
Single Family
41
48
17.1%
Q 1 2 0 2 0 S A L E S
Q 1 2 0 2 1 S A L E S
% C H A N G E
$1,171,334
$1,531,330
30.7%
Q 1 2 0 2 0 AV E R A G E S A L E S P R I C E
Q 1 2 0 2 1 AV E R A G E S A L E S P R I C E
% C H A N G E
46
37
-19.6%
Q 1 2 0 2 0 D O M
Q 1 2 0 2 1 D O M
% C H A N G E
S I N G L E F A M I L Y
* Graph Legend
Q 1 M A R K E T
55
Buyer’s Market (Supply > Demand)
A C T I O N I N D E X T M *
0
30
100
Buyers
Sellers
Seller’s Market (Demand > Supply)
Market Data: MLS as of April 4, 2021 Demographic Data: US Census Bureau as of July 1, 2019 Market Action Index Data: Based on 90-day average supplied by Altos Research as of April 2, 2021
1 0 1
4 2 . 3 3 6 0 , - 7 1 . 2 0 6 0
Newton
For generations, this historic town has been an exclusive enclave and remains one of Greater Boston's most desirable places to live. Newton is filled with luxurious estates cradled by lush greenery, and is surrounded by fine dining and shopping.
1 03
NEWTON
P OP U LAT I ON
AV E R AG E I NC OM E
8 8 , 4 1 4
$ 1 3 9 , 6 9 6
Single Family
94
111
18.1%
Q 1 2 0 2 0 S A L E S
Q 1 2 0 2 1 S A L E S
% C H A N G E
$1,474,645
$1,685,453
14.3%
Q 1 2 0 2 0 AV E R A G E S A L E S P R I C E
Q 1 2 0 2 1 AV E R A G E S A L E S P R I C E
% C H A N G E
67
62
-7.5%
Q 1 2 0 2 0 D O M
Q 1 2 0 2 1 D O M
% C H A N G E
S I N G L E F A M I L Y
* Graph Legend
Q 1 M A R K E T
53
Buyer’s Market (Supply > Demand)
A C T I O N I N D E X T M *
0
30
100
Buyers
Sellers
Seller’s Market (Demand > Supply)
Market Data: MLS as of April 4, 2021 Demographic Data: US Census Bureau as of July 1, 2019 Market Action Index Data: Based on 90-day average supplied by Altos Research as of April 2, 2021
1 0 5
41 . 78 8 3 , - 69. 9 9 1 2
Orleans
Nestled among the spectacular beaches and peaceful harbors of Cape Cod Bay, Orleans offers plentiful ocean views and access to the Atlantic. A haven for artists, the peaceful town offers a quiet escape from city life year-round, with an influx of vacationers and second home owners in the summer months.
1 07
ORLEANS
P OP U LAT I ON
AV E R AG E I NC OM E
5 , 7 9 8
$ 7 1 , 4 1 8
Single Family
111
158
42.3%
Q 1 2 0 2 0 S A L E S
Q 1 2 0 2 1 S A L E S
% C H A N G E
$802,447
$1,258,177
56.8%
Q 1 2 0 2 0 AV E R A G E S A L E S P R I C E
Q 1 2 0 2 1 AV E R A G E S A L E S P R I C E
% C H A N G E
Q 1 2 0 2 0 D O M 126
91
-27.8%
Q 1 2 0 2 1 D O M
% C H A N G E
S I N G L E F A M I L Y
* Graph Legend
Q 1 M A R K E T
38
Buyer’s Market (Supply > Demand)
A C T I O N I N D E X T M *
0
30
100
Buyers
Sellers
Seller’s Market (Demand > Supply)
Market Data: MLS as of April 5, 2021 Demographic Data: US Census Bureau as of July 1, 2019 Market Action Index Data: Based on 90-day average supplied by Altos Research as of April 2, 2021
1 0 9
41 . 62 8 4 , - 70 . 3 870
Osterville
One of seven villages within the town of Barnstable, Osterville is an elegant seaside community on Cape Cod's Nantucket Sound. Offering beautiful beaches, plenty of dining and retail, and miles of walking and bike paths, Osterville is the epitome of coastal small- town charm.
1 1 1
OSTERVILLE
P OP U LAT I ON
AV E R AG E I NC OM E
3 , 5 1 8
$ 7 7 , 5 6 3
Single Family
60
98
63.3%
Q 1 2 0 2 0 S A L E S
Q 1 2 0 2 1 S A L E S
% C H A N G E
$1,098,719
$1,857,758
69.0%
Q 1 2 0 2 0 AV E R A G E S A L E S P R I C E
Q 1 2 0 2 1 AV E R A G E S A L E S P R I C E
% C H A N G E
Q 1 2 0 2 0 D O M 138
92
-33.0%
Q 1 2 0 2 1 D O M
% C H A N G E
S I N G L E F A M I L Y
* Graph Legend
Q 1 M A R K E T
39
Buyer’s Market (Supply > Demand)
A C T I O N I N D E X T M *
0
30
100
Buyers
Sellers
Seller’s Market (Demand > Supply)
Market Data: MLS as of April 5, 2021 Demographic Data: US Census Bureau as of July 1, 2019 Market Action Index Data: Based on 90-day average supplied by Altos Research as of April 2, 2021
1 1 3
4 2 . 2 5 2 9 , - 7 1 . 00 2 3
Quincy
Also known as the "City of Presidents" and the "Birthplace of the American Dream‚" Quincy is located just 10 miles south of Boston. Rich in history, Quincy's impressive past remains vibrant today, blending both culture and commerce with miles of beautiful coastline.
1 1 5
QUINCY
P OP U LAT I ON
AV E R AG E I NC OM E
9 4 , 4 7 0
$ 7 7 , 5 6 2
Single Family
74
88
18.9%
Q 1 2 0 2 0 S A L E S
Q 1 2 0 2 1 S A L E S
% C H A N G E
$536,838
$613,525
14.3%
Q 1 2 0 2 0 AV E R A G E S A L E S P R I C E
Q 1 2 0 2 1 AV E R A G E S A L E S P R I C E
% C H A N G E
54
34
-37.0%
Q 1 2 0 2 0 D O M
Q 1 2 0 2 1 D O M
% C H A N G E
S I N G L E F A M I L Y
* Graph Legend
Q 1 M A R K E T
70
Buyer’s Market (Supply > Demand)
A C T I O N I N D E X T M *
0
30
100
Buyers
Sellers
Seller’s Market (Demand > Supply)
Market Data: MLS as of April 5, 2021 Demographic Data: US Census Bureau as of July 1, 2019 Market Action Index Data: Based on 90-day average supplied by Altos Research as of April 2, 2021
1 1 7
41 . 759 0 , - 70 . 4939
Sandwich
The oldest town in Cape Cod, Sandwich is a quaint seaside community filled with historic New England charm. Sandwich houses the site of the Cape Cod Bay entrance to the Cape Cod Canal.
1 1 9
SANDWICH
P OP U LAT I ON
AV E R AG E I NC OM E
2 0 , 1 6 9
$ 9 8 , 8 2 7
Single Family
227
251
10.6%
Q 1 2 0 2 0 S A L E S
Q 1 2 0 2 1 S A L E S
% C H A N G E
$452,154
$561,804
24.3%
Q 1 2 0 2 0 AV E R A G E S A L E S P R I C E
Q 1 2 0 2 1 AV E R A G E S A L E S P R I C E
% C H A N G E
81
39
-51.9%
Q 1 2 0 2 0 D O M
Q 1 2 0 2 1 D O M
% C H A N G E
S I N G L E F A M I L Y
* Graph Legend
Q 1 M A R K E T
80
Buyer’s Market (Supply > Demand)
A C T I O N I N D E X T M *
0
30
100
Buyers
Sellers
Seller’s Market (Demand > Supply)
Market Data: MLS as of April 5, 2021 Demographic Data: US Census Bureau as of July 1, 2019 Market Action Index Data: Based on 90-day average supplied by Altos Research as of April 2, 2021
1 2 1
4 2 . 2 3 89 , - 7 1 . 3 69
Sherborn
Only 18 miles southwest of Boston, Sherborn is a dream for commuters who want to live in a small, semi-rural community. Sherborn offers active farms, orchards, winding tree-lined roads, and over 1,000 acres of public access land.
1 2 3
SHERBORN
P OP U LAT I ON
AV E R AG E I NC OM E
4 , 3 0 1
$ 1 8 0 , 7 6 9
Single Family
16
13
-18.8%
Q 1 2 0 2 0 S A L E S
Q 1 2 0 2 1 S A L E S
% C H A N G E
$660,431
$930,262
40.9%
Q 1 2 0 2 0 AV E R A G E S A L E S P R I C E
Q 1 2 0 2 1 AV E R A G E S A L E S P R I C E
% C H A N G E
84
78
-7.1%
Q 1 2 0 2 0 D O M
Q 1 2 0 2 1 D O M
% C H A N G E
S I N G L E F A M I L Y
* Graph Legend
Q 1 M A R K E T
65
Buyer’s Market (Supply > Demand)
A C T I O N I N D E X T M *
0
30
100
Buyers
Sellers
Seller’s Market (Demand > Supply)
Market Data: MLS as of April 5, 2021 Demographic Data: US Census Bureau as of July 1, 2019 Market Action Index Data: Based on 90-day average supplied by Altos Research as of April 2, 2021
1 2 5
4 2 . 3 875 , - 7 1 . 0 9 94
Somerville
A charm-filled city, Somerville's distinctive local flavor distinguishes it from the neighboring cities of Boston and Cambridge. Creative culture thrives in this historic community.
1 2 7
SOMERVILLE
P OP U LAT I ON
AV E R AG E I NC OM E
8 1 , 3 6 0
$ 9 1 , 1 6 8
Condo
102
109
6.9%
Q 1 2 0 2 0 S A L E S
Q 1 2 0 2 1 S A L E S
% C H A N G E
$839,621
$793,535
-5.5%
Q 1 2 0 2 0 AV E R A G E S A L E S P R I C E
Q 1 2 0 2 1 AV E R A G E S A L E S P R I C E
% C H A N G E
68
55
-19.1%
Q 1 2 0 2 0 D O M
Q 1 2 0 2 1 D O M
% C H A N G E
C O N D O
* Graph Legend
Q 1 M A R K E T
68
Buyer’s Market (Supply > Demand)
A C T I O N I N D E X T M *
0
30
100
Buyers
Sellers
Seller’s Market (Demand > Supply)
Market Data: MLS as of April 4, 2021 Demographic Data: US Census Bureau as of July 1, 2019 Market Action Index Data: Based on 90-day average supplied by Altos Research as of April 2, 2021
1 2 9
4 2 . 3 3 8 1 , - 7 1 . 0476
South Boston
South Boston (or "Southie," as many fondly refer to it) is a densely populated tight-knit neighborhood with a booming restaurant scene, green space, parks, and beach. Southie's proximity to the South End, Downtown, and Seaport make it a commuter's dream, and it has become one of the most sought- after zip codes in Boston.
1 3 1
SOUTH BOSTON
P OP U LAT I ON
AV E R AG E I NC OM E
3 5 , 6 6 0
$ 7 7 , 2 2 3
Condo
93
126
35.5%
Q 1 2 0 2 0 S A L E S
Q 1 2 0 2 1 S A L E S
% C H A N G E
$906,810
$779,558
-14.0%
Q 1 2 0 2 0 AV E R A G E S A L E S P R I C E
Q 1 2 0 2 1 AV E R A G E S A L E S P R I C E
% C H A N G E
88
73
-17.0%
Q 1 2 0 2 0 D O M
Q 1 2 0 2 1 D O M
% C H A N G E
C O N D O
* Graph Legend
Q 1 M A R K E T
51
Buyer’s Market (Supply > Demand)
A C T I O N I N D E X T M *
0
30
100
Buyers
Sellers
Seller’s Market (Demand > Supply)
Market Data: MLS as of April 4, 2021 Demographic Data: US Census Bureau as of July 1, 2019 Market Action Index Data: Based on 90-day average supplied by Altos Research as of April 2, 2021
1 3 3
4 2 . 3 396 , - 7 1 . 0 698
South End
Charming tree-lined streets and European-style squares define this friendly and diverse neighborhood. Here you'll find many of Boston's top restaurants alongside dog parks, cafes, and locally-owned boutiques. Residents frequently gather on front stoops, giving the area a strong community feel.
1 3 5
SOUTH END
P OP U LAT I ON
AV E R AG E I NC OM E
3 1 , 6 0 1
$ 7 7 , 1 6 1
Condo
46
69
50.0%
Q 1 2 0 2 0 S A L E S
Q 1 2 0 2 1 S A L E S
% C H A N G E
$1,280,931
$1,019,822
-20.4%
Q 1 2 0 2 0 AV E R A G E S A L E S P R I C E
Q 1 2 0 2 1 AV E R A G E S A L E S P R I C E
% C H A N G E
78
84
7.7%
Q 1 2 0 2 0 D O M
Q 1 2 0 2 1 D O M
% C H A N G E
C O N D O
* Graph Legend
Q 1 M A R K E T
37
Buyer’s Market (Supply > Demand)
A C T I O N I N D E X T M *
0
30
100
Buyers
Sellers
Seller’s Market (Demand > Supply)
Market Data: MLS as of April 5, 2021 Demographic Data: US Census Bureau as of July 1, 2019 Market Action Index Data: Based on 90-day average supplied by Altos Research as of April 2, 2021
1 3 7
4 2 . 3 62 6 , - 7 1 . 3 61 4
Wayland
Located 15 miles west of Boston, Wayland takes great pride in its preservation of the forests and other natural resources, providing residents the ability to enjoy the vast network of trails that traverse the town. With easy commuting accessibility to Boston and Cambridge, anyone seeking a peaceful setting with access to the city will be at home in Wayland.
1 39
WAYLAND
P OP U LAT I ON
AV E R AG E I NC OM E
1 3 , 8 3 5
$ 1 7 4 , 3 3 0
Single Family
21
27
28.6%
Q 1 2 0 2 0 S A L E S
Q 1 2 0 2 1 S A L E S
% C H A N G E
$803,643
$993,522
23.6%
Q 1 2 0 2 0 AV E R A G E S A L E S P R I C E
Q 1 2 0 2 1 AV E R A G E S A L E S P R I C E
% C H A N G E
68
60
-11.8%
Q 1 2 0 2 0 D O M
Q 1 2 0 2 1 D O M
% C H A N G E
S I N G L E F A M I L Y
* Graph Legend
Q 1 M A R K E T
82
Buyer’s Market (Supply > Demand)
A C T I O N I N D E X T M *
0
30
100
Buyers
Sellers
Seller’s Market (Demand > Supply)
Market Data: MLS as of April 4, 2021 Demographic Data: US Census Bureau as of July 1, 2019 Market Action Index Data: Based on 90-day average supplied by Altos Research as of April 2, 2021
1 41
4 2 . 2 87 7, - 7 1 . 2 8 62
Wellesley
Located approximately 17 miles southwest of Boston, Wellesley is a country-style suburb with six distinct neighborhoods and convenient access to the city. Combining the benefits of suburban life with a fabulous restaurant and shopping scene, Wellesley is the best of both worlds.
1 4 3
WELLESLEY
P OP U LAT I ON
AV E R AG E I NC OM E
2 8 , 6 7 0
$ 1 8 8 , 9 0 8
Single Family
45
49
8.9%
Q 1 2 0 2 0 S A L E S
Q 1 2 0 2 1 S A L E S
% C H A N G E
$1,765,161
$1,870,977
6.0%
Q 1 2 0 2 0 AV E R A G E S A L E S P R I C E
Q 1 2 0 2 1 AV E R A G E S A L E S P R I C E
% C H A N G E
Q 1 2 0 2 0 D O M 105
74
-29.5%
Q 1 2 0 2 1 D O M
% C H A N G E
S I N G L E F A M I L Y
* Graph Legend
Q 1 M A R K E T
69
Buyer’s Market (Supply > Demand)
A C T I O N I N D E X T M *
0
30
100
Buyers
Sellers
Seller’s Market (Demand > Supply)
Market Data: MLS as of April 4, 2021 Demographic Data: US Census Bureau as of July 1, 2019 Market Action Index Data: Based on 90-day average supplied by Altos Research as of April 2, 2021
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