All across the United States, a severe lack of inventory continues to produce record activity at the residential level. On the Eastern Seaboard, Massachusetts has been operating at levels not seen since 2006, according to the January 2022 Bassick Report covering the Boston, Weston, Wellesley, Cape Cod, Martha’s Vineyard and Nantucket areas.
The median sales price climbed another 7.9% in January, with closing transactions averaging 98% of the original listing price. On Nantucket, inventory for single-family homes fell 42.3% from January 2021.
Here are several offerings in Wellesley and Concord, two of the most exclusive suburbs of Boston.
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