Boston Real Estate in May: Sales Up 68% YoY, Inventory Down 20% YoY

Note: Remember sales were weak in April and May 2020 due to the pandemic.  I’m tracking data for many local markets around the U.S. I think it is especially important to watch inventory this year.

For Boston (single family and condos):

Closed sales in May 2021 were 2,533, up 67.9% from 1,509 in May 2020.
Active Listings in May 2021 were 3,418, down 19.6% from 4,250 in May 2020.  
Inventory in May was up 9.8% from last month.