March 6, 2024 – MyMarketPulse (mymarketpulse.com) just released the list of the Hottest Markets in Massachusetts for January 2024.
Where are homes selling fastest and at the best prices? Curious if there are markets in Massachusetts where there is a high demand for homes? MyMarketPulse took a deep dive into it, exploring where in Massachusetts the markets are the hottest.
What We Found
We looked at each county, pulling up the median sale prices sales volume from Redfin, focusing on counties with 25 or more home sales per month. We assign a MarketPulse score based on the three-month weighted average of home sales volume and sale prices versus previous twelve months. Counties were then ranked from highest to lowest based on this score.
The Highlights
In Massachusetts, the hottest-selling market is Franklin County, where the MarketPulse Score is 98 and the median sales price comes in at $315,000 with 31 homes sold.
On the flip side, Middlesex County sits at the bottom of the market with a MarketPulse Score of 85 with 418 homes sold.
Hottest Markets in Massachusetts
1. Franklin County. MarketPulse Score of 98
2. Essex County. MarketPulse Score of 94
3. Hampden County. MarketPulse Score of 94
4. Plymouth County. MarketPulse Score of 92
5. Worcester County. MarketPulse Score of 91
For more information about the Massachusetts market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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