What the Pros Know

1,623,952

Population

0.4% YoY

2023

37.6

Median Age

2.3% YoY

2022

$121,304

Median Household Income

8.5% YoY

2022

948,813

Labor Force

0.6% MoM

3.8% YoY

8/2024

909,434

Employed

0.6% MoM

2% YoY

8/2024

4.2%

Unemployment Rate

2.4% MoM

68% YoY

8/2024

$848,000

Median Sale Price

3.1% MoM

1.4% YoY

8/2024

856

Homes Sold

15.2% MoM

2.2% YoY

8/2024

1.1

Months Inventory

5.3% MoM

13% YoY

8/2024

19

Days on Market

3 MoM

1 YoY

8/2024

941

Listings

15.5% MoM

10.3% YoY

8/2024

102.6%

Sale Price to List Price

1.3% MoM

1.1% YoY

8/2024

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Cities included in Middlesex County: Cambridge, Lowell, Newton, Somerville, Framingham, Malden, Waltham, Medford, Everett, Marlborough, Woburn, Watertown Town, Melrose, West Concord, Cochituate, Pinehurst, Littleton Common, Hanscom AFB, East Pepperell


 1.  Population Data from U.S. Census Bureau.
 2.  Employment Data from Bureau of Labor and Statistics
 3.  Sales Data provided by Redfin, a national real estate brokerage.

MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.

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