Housing Inventory: Median Listing Price per Square Feet Month-Over-Month in Massachusetts
MEDLISPRIPERSQUFEEMMMA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.26
Year-over-Year Change
-22.70%
Date Range
7/1/2017 - 7/1/2025
Summary
This economic trend measures the month-over-month change in the median listing price per square foot for housing in Massachusetts. It provides insights into the state's real estate market conditions and can inform policymakers and investors.
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 Housing Inventory: Median Listing Price per Square Feet Month-Over-Month in Massachusetts metric tracks the rate of change in home listing prices per square foot over time in the state. This data point is a key indicator of housing market activity and affordability trends.
Methodology
The data is collected and calculated by analyzing a sample of real estate listings in Massachusetts.
Historical Context
This trend is widely used by economists, real estate analysts, and policymakers to assess the health and direction of the state's housing market.
Key Facts
- Massachusetts has a population of over 6.9 million people.
- The median home price in Massachusetts is around $500,000.
- Housing affordability is a major concern for policymakers in the state.
FAQs
Q: What does this economic trend measure?
A: This trend measures the month-over-month change in the median listing price per square foot for housing in the state of Massachusetts.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the dynamics of the Massachusetts real estate market, which is important for policymakers, investors, and consumers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by analyzing a sample of real estate listings in Massachusetts.
Q: How is this trend used in economic policy?
A: This trend is used by economists, real estate analysts, and policymakers to assess the health and direction of the state's housing market, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is typically updated on a monthly basis, with a slight delay to allow for collection and analysis.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Listing Price per Square Feet Month-Over-Month in Massachusetts (MEDLISPRIPERSQUFEEMMMA), retrieved from FRED.