Quarter 1 – Lunenburg, Massachusetts Market Report as of April 1, 2022
Single Family Home Sales:
- Median Sales Price is Up 11% ($471,500) from Q1 2021 ($425,000)
- Total Number of Sales is Down 23% (23) from Q1 2021 (30)
- 9 Active Listings on 4/1/2022
Lunenburg price per square foot appreciated 21% year over year, indicating similar homes may beat the median.
~ Inventory Remains Tight
~ 26 Median Days on Market (Avg. to Offer)
~ 101% Sold to List Ratio
~ Rising Mortgage Rates May Curb Appreciation in 2022
“Lunenburg had home sales from $207,000 to $770,000 in Q1, 2022, with over $600,000 and 4 under $300,000.”