Posted: May 11, 2022
By: zach
Boston’s Real Estate Market Isn’t Done Yet
The Boston Metro’s median home price has shown some signs of decelerating since mid 2021. After a decade of record price growth, Greater Boston’s 1-year median sale price sits at $681K as per Zillow’s most recent data. That marks a 2.29% increase in median price compared to the previous year. Compare that to the 16.03% growth recorded in the previous year, it may appear that Boston’s real estate market is leveling off.
While there are certainly signs that the market may be cooling, there’s plenty of evidence to suggest that Boston’s housing market growth will continue in 2022.
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