Between March and May 2023, the median sale price in the Boston metro area experienced a decline, settling at $675,300. This marked a 1% decrease in the median sale price compared to the same period last year.

Simultaneously, the number of single-family homes sold in May 2023 witnessed a notable decrease in the Boston metro area. Only 4,280 homes were sold during this timeframe, indicating an 8% decline compared to the corresponding month in the previous year.

Learn more about the metrics in PropMix Market Insights.

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