Massachusetts Saw the Fewest Home Sales in Any August Since 2014
Interest rates have been on the increase, seemingly causing the housing market in Massachusetts to slow down. A new report from The Warren Group released on Tuesday shows that there…
Interest rates have been on the increase, seemingly causing the housing market in Massachusetts to slow down. A new report from The Warren Group released on Tuesday shows that there were 5,732 single-family homes sold in Massachusetts in August 2022, a 9.9% drop from August 2021, and the fewest home sales in any August for the past 8 years.
So far the number of house sales in Massachusetts in 2022 is down 11.3% compared to the same 8 months from 2021, meanwhile the price of the average single family home has increased by 7.8 percent to $555,000 over the same period according to the report.
10 Best Places To Buy a House In Massachusetts in 2022
Deciding where to buy a house can be tricky. Every year the people at Niche look at a variety of factors in towns/cities throughout the state including population, public schools, and housing to determine the Best Places To Buy a House in Massachusetts. Here is their Top 10 for 2022. Happy house hunting! Check out Niche's full report here.
#10 - Sterling
Population: 8,130
Housing: A-
Public Schools: A-
Overall Niche Grade: A
#9 - Dover
Population: 6,079
Housing: A-
Public Schools: A+
Overall Niche Grade: A+
#8 - Bolton
Population: 5,356
Housing: A-
Public Schools: A
Overall Niche Grade: A+
#7 - Hopkinton
Population: 18,030
Housing: A-
Public Schools: A+
Overall Niche Grade: A+
#6 - Cordaville
Population: 2,884
Housing: A-
Public Schools: A+
Overall Niche Grade: A+
#5 - Longmeadow
Population: 15,736
Housing: A-
Public Schools: A+
Overall Niche Grade: A+
#4 - Paxton
Population: 4,961
Housing: A-
Public Schools: A-
Overall Niche Grade: A
#3 - Wayland
Population: 13,823
Housing: A-
Public Schools: A+
Overall Niche Grade: A+
#2 - Harvard
Population: 6,592
Housing: A-
Public Schools: A+
Overall Niche Grade: A+
#1 - Pelham
Population: 1,348
Housing: A
Public Schools: A+
Overall Niche Grade: A+
