Housing Inventory: Average Listing Price Year-Over-Year in Massachusetts
AVELISPRIYYMA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-3.81
Year-over-Year Change
-437.17%
Date Range
7/1/2017 - 7/1/2025
Summary
This economic trend measures the year-over-year change in average listing prices for homes in Massachusetts. It provides insight into the state's housing market dynamics and price pressures.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Average Listing Price Year-Over-Year in Massachusetts metric tracks the annual percentage change in the average list price for residential properties listed for sale across the state. This indicator offers a timely gauge of housing demand and price trends in the local real estate market.
Methodology
The data is collected and calculated by analyzing listed home prices across Massachusetts.
Historical Context
Policymakers and real estate analysts closely monitor this metric to assess housing affordability and overall market conditions.
Key Facts
- Massachusetts home prices rose 12.5% year-over-year in 2022.
- Listing prices peaked in June 2022 at an average of $565,000.
- Inventory of homes for sale remains 25% below pre-pandemic levels.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the year-over-year change in average listing prices for homes across Massachusetts, providing insight into housing demand and price pressures in the local real estate market.
Q: Why is this trend relevant for users or analysts?
A: This indicator offers a timely gauge of housing affordability and overall market conditions, making it an important data point for policymakers, real estate professionals, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by analyzing listed home prices across Massachusetts.
Q: How is this trend used in economic policy?
A: Policymakers and real estate analysts closely monitor this metric to assess housing affordability and overall market conditions, which can inform policy decisions and market interventions.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis with a short lag, providing relatively timely insights into the state's housing market.
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Citation
U.S. Federal Reserve, Housing Inventory: Average Listing Price Year-Over-Year in Massachusetts (AVELISPRIYYMA), retrieved from FRED.