According to Altos Research, the Boston metropolitan area is the most robust in the nation as of February 23, 2024. It had an Altos Market Action Index Score of 60.59, a full point over the second-highest market in San Francisco. Altos considers anything over a score of 30 to be a seller's market. A factor in the state of the Boston housing market is certainly the low inventory: as of February 16, there were 1,753 active single family listings on the market as opposed to 4,537 just 4 years ago in 2020. You can read more here.
As rates have stabilized and even decreased, more buyers are entering the market. As this trend continues, the competition will only increase so if you are waiting, you'll be too late. Thinking of buying, selling or renting? Now is the time to strategize and act - contact me to get started at (617) 875-8331 or you can email me at David.Green@CBRealty.com.
Posted by David Green on
Leave A Comment