by Calculated Risk on 6/12/2021 04:54:00 PM
Saturday, June 12, 2021
Boston Real Estate in May: Sales Up 68% YoY, Inventory Down 20% YoY
Note: Remember sales were weak in April and May 2020 due to the pandemic. I'm tracking data for many local markets around the U.S. I think it is especially important to watch inventory this year.
For Boston (single family and condos):
Closed sales in May 2021 were 2,533, up 67.9% from 1,509 in May 2020.
Active Listings in May 2021 were 3,418, down 19.6% from 4,250 in May 2020.
Inventory in May was up 9.8% from last month.