Housing Inventory: Median Listing Price in Massachusetts
MEDLISPRIMA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
797,000.00
Year-over-Year Change
-0.31%
Date Range
7/1/2016 - 7/1/2025
Summary
The 'Housing Inventory: Median Listing Price in Massachusetts' metric tracks the median listing price for homes on the market in the state of Massachusetts. This data point is a key indicator of housing market dynamics and price trends.
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
This series measures the median price at which homes are listed for sale in Massachusetts, providing insights into the state's housing market conditions. Economists and policymakers monitor this trend to understand housing affordability and gauge the overall health of the real estate sector.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on listings data from real estate platforms.
Historical Context
Trends in the median listing price in Massachusetts are closely watched by housing market analysts, consumer groups, and government agencies to inform economic and housing policy decisions.
Key Facts
- The median listing price in Massachusetts reached a record high in 2022.
- Prices have risen faster in urban areas compared to suburban and rural parts of the state.
- The inventory of homes for sale remains low, contributing to upward price pressure.
FAQs
Q: What does this economic trend measure?
A: The 'Housing Inventory: Median Listing Price in Massachusetts' metric tracks the midpoint price at which homes are listed for sale in the state of Massachusetts.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the affordability and dynamics of the Massachusetts housing market, which is of interest to consumers, real estate professionals, policymakers, and economists.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on listings data from real estate platforms.
Q: How is this trend used in economic policy?
A: Trends in the median listing price in Massachusetts are closely watched by housing market analysts, consumer groups, and government agencies to inform economic and housing policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to potential lags in reporting and may not fully capture all listings, but it remains a widely-used benchmark for the Massachusetts housing market.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Listing Price in Massachusetts (MEDLISPRIMA), retrieved from FRED.