
The final numbers for national home sales in 2024 reveal a bleak outlook, marking the slowest year for existing home sales in nearly three decades. However, Massachusetts defied the trend, reporting 42,019 single-family home sales—an impressive 2.9% increase from 2023. The median sale price also reached a record $615,000, reflecting a 7.9% year-over-year rise.
Meanwhile, the Federal Reserve announced plans to pause rate cuts, adding an air of uncertainty to the market.
The spring housing market is off to a mixed start. While a few bidding wars have emerged, some properties are sitting with multiple price reductions. Inventory remains scarce, and some buyers are reluctant to jump back in. Will those who act early reap the rewards?










