The summer real estate market in Greater Boston typically cools off a bit as consumers focus on vacationing rather than home buying and selling. This rule of thumb didn’t hold true in 2020, however, when the pandemic spurred homebound consumers into a buying frenzy.
This year, though, the third quarter numbers were more representative of a traditional summer market. Average sale price continued to ascend for single families and condos alike, though at a slower pace than a year ago.