The increase in active listings and the number of days homes are on the market offers hope for buyers, cooling the previously heated seller's market.
The median sales price for a single-family home in Greater Boston reached $915,000, showing a 4.3% increase year over year but remaining below June's peak.
The number of active listings surged, creating more options for buyers, while mortgage rates and high selling prices caused some buyers to hesitate.
Despite fluctuations, the year-over-year decreases in listed homes indicate a tightening market, yet the uptick in active listings could stabilize conditions for buyers.
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