The Bay State housing market remains red hot before the spring breeze even begins to warm up sales.
The median price of a single-family home in Greater Boston pushed up to $900,000 last month, according to the Greater Boston Association of Realtors.
The median single-family sale price for all of Massachusetts increased 7.4% on a year-over-year basis to $580,000 – also a new all-time high for the month of March, The Warren Group reports.
“Not surprisingly, Massachusetts median single-family home prices continued to set records in
March,” said Cassidy Norton, associate publisher and media relations director of The Warren
Group.
Year-to-date, there have been 7,001 single-family home sales in Massachusetts, a 2.8 percent
decrease from the first three months of 2023.
Good news for former pot defendants
The Healey administration has awarded 50 grants to cannabis social equity businesses in 28 communities, totaling $2.35 million, through the Cannabis Social Equity Trust Fund.
“With the Cannabis Social Equity Trust Fund, we’re creating a sustainable and inclusive path to the industry for Massachusetts entrepreneurs that have faced barriers to entry,” said Gov. Maura Healey. That includes anyone previously convicted of minor weed offenses that have now been wiped off the books.
