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 am the lead real estate agent and founder of the Aviator Properties Team within the premier global brokerage, Coldwell Banker Realty. I'm a Boston, Brookline, and Newton resident since relocating from Washington, DC in 2002 to earn my MBA at Babson College in Wellesley. While Metro West is my home base, my Massachusetts real estate adventures take me from the Berkshires to the Cape and everywhere between to find the extraordinary properties that my clients call home.

My real estate expertise is buoyed by previous experiences ranging from CEO of a venture-backed startup to a decade long stint in TV production. I've been a buyer and seller of residential and commercial real estate, and have founded and operated successful multi-million dollar businesses spanning the industries of e-commerce, consumer products, toys, electronics, and content creation.

Always striving for service excellence, my clients find me overly organized, highly communicative, thoroughly detail-oriented, a creative problem solver, analytically driven, and thoughtful win-win negotiator. My entrepreneurial approach draws upon a cross-sectional toolkit of finance, development, management, sales, marketing, and negotiation skills to deliver reliably favorable results.

A dedicated husband and father of two kids (and two cats), my hobbies range from RC car and drone racing to the pursuit of live music and world travel, and poking holes in the clouds as a private pilot. I am "always-on" and ready to be your secret weapon in your home buying or selling mission. I prize my clients and look forward to sharing my passion for winning at real estate with you!

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