January 2022 Greater Boston Association of Realtors Market Report

Greater Boston Association of Realtors just released their January ’22 residential real estate market reports summarizing sales results for single-family homes and condominiums by price, units sold, active listings, months of supply and more. Bottom line is that inventory in January remains tighter than ever with less than one month (0.8) of inventory available, a 27% decline vs. last January. Prices are also at a high for January, up 7.4% over last year.

The comprehensive report provides segmented data across the five Greater Boston regions from Eastern and Central Middlesex to Southern Norfolk, Metro West, and Metro Boston that is made up of 64 towns within the 495 beltway.

Overall, more than 1,500 properties traded in January 2022, comprised of 749 single-family homes, 712 condos, and 144 multi-family homes, which ranks as the second most active January on record for condo sales and tenth most active for single-family homes. While sales volume was down compared to last January’s record-setting 883 homes, 769 condos, and 183 multi-families, median prices this January eclipsed last year at $725k for single families and $595k for condos.

Below is a snapshot and video overview of the 17-page report. Please inquire for the full report or additional info specific to your region, town, or neighborhood. We can gladly supply data and insights to inform you of relevant activity for buying or selling properties in your market of the Greater Boston region.

About the Author

I'm a top-performing Realtor and the founder of Aviator Properties Team at Coldwell Banker Realty, the world's premier real estate brokerage. With over 20 years of business experience and a proven track record of success, I help clients buy, sell, and invest in extraordinary properties throughout Boston and Metro West. Based in Chestnut Hill, I operate out of Coldwell Banker Brookline and my home office in Newton, MA.

I have a broad range of expertise covering new construction luxury homes, antique historic homes, high-performance passive homes, multifamily investment properties, condos, townhouses, and single-family houses. My clients have benefited from this diverse background and my ability to decipher trends and provide strategic guidance on the ever-changing real estate market. From first-time homebuyers to seasoned investors, I am committed to delivering exceptional service and successful outcomes for each of my clients.

My experience is not limited to real estate. Previous to becoming a Realtor, I worked for a decade in TV production, earned my MBA at Babson College in Wellesley, and founded and served as CEO of my Boston-based startup, Mimoco, merging consumer products, toys, electronics, licensing, and content creation generating more than $30M in sales.

As an entrepreneurial problem solver, I bring a unique approach to real estate that draws upon my cross-functional skill set in finance, development, management, sales, marketing, and negotiation. My clients describe me as overly organized, detail-oriented, analytical, and a communicative professional who is trusted in delivering favorable results and creating win-win situations.

When I'm not helping clients achieve their real estate goals, I am a dedicated husband and father of two teenage children (and two crazy cats). In my free time, I enjoy playing tennis, drone photography, live music, and exploring the world through travel. As a private pilot, I also love to take to the skies and find new perspectives.

As your mission-driven co-pilot, I promise to go above and beyond to elevate your real estate experience to the highest level with the least amount of stress. Let me be your secret weapon in your home buying or selling mission. I value my clients and look forward to sharing my passion for winning at real estate with you!

Real Estate Accreditations: Massachusetts and National Association of REALTORS®, Accredited Buyers Representative, Luxury Property Specialist, Resort and Second-Home Property Specialist, NAR Green