2022 Mid-Year Residential Market Report

Your trusted real estate source, this comprehensive report includes a retrospective of the urban neighborhoods within the Greater Boston area; the city, Cambridge and surrounding towns Metrowest and beyond.

The Greater Boston market has remained hot through the first half of the year with rising prices in terms of closing prices as well as price per square foot for single family homes and condominiums. We are beginning to see some price adjustments and a slight ease in demand heading into summer as sales have fallen during most months of this year.

Steady job growth and the large millennial population now in their peak purchasing years suggest that home buying will remain strong but sales are likely to fall off from recent historic highs as we see more modest appreciation.

At Senné, we look forward to continuing to be your trusted real estate advisor at every stage of your real estate journey. Whether you are just starting out and looking to rent, ready to buy that first home, your next home or investment property, our team is here to help you!