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Framingham Real Estate Market Update - May 2022

Mike Mathieu

When his father asked him to help out with the family business, Michael Mathieu thought it temporary, planning to pursue a business degree with the go...

When his father asked him to help out with the family business, Michael Mathieu thought it temporary, planning to pursue a business degree with the go...

Jun 8 2 minutes read

Between August 2020 and August 2021, home prices across the United States and Canada rose to record levels, with the U.S. housing market rising to a record of 19.9% and the Canadian housing market rising to a record 21.4%. 

2022 is proving to be another strong year for sellers. If you're thinking about selling your home, being aware of the trends in the market will help you understand the strength of the market. 

Our monthly market update showcases everything you need to know about local real estate trends over the last month.

*Data is from MLSPIN for single family homes.

 

76

New Listings in May

32

Current Active Listings

110

Under Contract

48

Closed Sales in May


Homes Sold

112%

Sale-to-List Price


$689,250

Average Sales Price

<1

Months of Supply

10

Average Days on Market

$368

Average Price per Square Foot

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