New listings were down 50.9% in the Boston area, and active listings were down 25.2% from December 2019.
The median listing price was $649,050, a year-over-year increase of 10%. Homes spent a median of 61 days on the market, 15 fewer than the year prior.
There were approximately 449,000 fewer homes for sale nationwide in December, compared to the year prior, a decline of 39.6%.
Nationally, the number of homes for sale was down 39.6%, amounting to 449,000 fewer homes for sale than last December.
New listings remained relatively flat from a year prior, declining a mere 0.8%. That’s up from the sharper decline of 8.7% in November.