Three Months of Inventory in Hull Is Not What You Think

When you hear “three months of inventory” in a real estate market, it might sound neutral — but in Hull, Massachusetts, that figure tells a much stronger story about demand, competition, and pricing than you might expect.

According to the Massachusetts Association of REALTORS® (MAR) Local Market Update for January 2025, Hull’s months supply of inventory for single-family homes was just 1.8 months, down roughly 18% year over year — even as the number of homes for sale also declined. That’s well below the 4–6 months normally associated with a balanced market and firmly into seller’s market territory.

For context, longer-term data from October 2024 showed months supply at around 3.7 months, which, by traditional metrics, might seem closer to balanced — but that measure was still below what many economists consider “buyer-friendly.”

Even more current snapshot data shows Hull’s inventory levels near or below 2–2.6 months, depending on the source and whether condos are included — a range that remains a seller’s advantage because inventory is tight relative to demand.

Why does this matter? In markets like Hull:

· Low months supply means buyers are competing over fewer homes.

· Homes sell faster than the national average — with median days on market around ~39–46 days.

· Sellers may see multiple offers or stronger negotiating power when inventory remains constrained.

In plain terms, three months of supply (or less) in Hull doesn’t mean “balanced.” It means demand still significantly outpaces supply especially compared to seasonal norms and broader regional trends. That ongoing tightness is one reason home prices have stayed historically strong, even with periodic seasonal slowdowns.

Understanding inventory this way — not just as a raw number, but in the context of local sales pace, pricing trends, and historical movement — gives you a more accurate picture of why sellers in Hull may continue to command top dollar.

Ina & Justin Nee

The Nee Team | Jack Conway

South Shore Real Estate Advisors

Helping buyers and sellers make smart, confident real estate decisions across the South Shore.

📧 inee@jackconway.com | jnee@jackconway.com

📞 [617-304-0333] | [781-724-8476]