Senné Releases June 2022 Market Report
While you are enjoying some fun in the sun, why not take a moment to look at some of the trends Senné saw across the region during the month of June?
In Cambridge, inventory has proven to be tight. The number of single-family homes sold decreased 75% year-over- year. 6 homes were sold compared to last year’s 25. On the other hand, the condo market remained relatively stable and saw only 3.5% decrease in year-over-year sales. Average condo list prices were up 5.4% and days on market remain substantially down.
Boston continues to show varying trends across its different neighborhoods. While the number of condos sold in the Seaport decreased 50% since 2021, the number sold in the South End increased 7.2%. The single-family market continues to be tight. The market in the MetroWest remains competitive. In Wayland, 16 single family residences were sold compared to 22 in 2021.
Check out the full report here.