September brings a few notable shifts in the U.S. housing market that I’m keeping an eye on for my Massachusetts and Rhode Island clients. In August, we saw pending home sales dip by 0.2% and contract signings slip 3.7%. Median list prices have now edged down 1% for the tenth month in a row. Inventory rose by 3.6%, though it’s still well below what we saw before the pandemic—making affordability a continued challenge for many. As someone who’s walked buyers and sellers through a wide range of price points, I know how important it is to stay informed about these trends. If you’re considering your next move, these numbers help set expectations and guide smart decisions in today’s market.
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