📊 Eastern Massachusetts Housing Market: Q1 2025 Update vs. The Nation

As we move deeper into 2025, the story of the Eastern Massachusetts real estate market is one of resilience, strength, and — as always — its own unique pace compared to the rest of the country.
 Despite national headlines about slower sales and affordability challenges, our local market is not just surviving — it’s thriving. 🏡✨

Let's break down the numbers, trends, and what makes our corner of the country so special when it comes to buying and selling homes right now!

📈 Massachusetts Market Snapshot: Q1 2025

Single-Family Homes:

• 🔹 7,326 single-family homes sold in Q1 2025, a 3% increase from Q1 2024.
  
  
• 🔹 Median sale price: $580,000, up 5% year-over-year.
  
  
• 🔹 Monthly breakdown:
  
  
  • January: 4,209 sales (+12% YoY 📈)
    
    
  • February: 3,581 sales (+3% YoY)
    
    
  • March: 4,265 sales (down slightly, -3.7% YoY)
    
    

Condominiums:

• 🔹 2,266 condos sold in the first two months alone, up 5% over 2024.
  
  
• 🔹 Median condo price: $525,000, a 5% increase.
  
  

Inventory Trends:

• 🔹 As of March 31, 9,910 active listings
  
  
• 🔹 4,495 new listings added in March.
  
  
• 🔹 Homes are going pending in a median of 10 days — 🏃‍♂️ way faster than the national average!
  
  

📊 How Does This Compare to National Trends?

Across the U.S.:

• 🔹 Existing-home sales fell 9% month-over-month nationally.
  
  
• 🔹 National median sale price: $403,700, a 7% increase year-over-year.
  
  
• 🔹 Homes nationwide are taking about 26 days to go pending (compared to just 10 days here!).
  
  
• 🔹 National inventory has grown by nearly 20% — not the case in Eastern Mass!
  
  

Key Takeaways:

✅ Home prices in Eastern Massachusetts are appreciating at nearly double the national rate (5.5% vs. 2.7%).

✅ Homes are selling more than twice as fast as they are nationally (10 days vs. 26 days).

✅ Inventory remains tighter here, which is keeping competition (and home values) strong.

📍 Why Eastern Massachusetts is Marching to the Beat of Its Own Drum

It’s clear — not every market is built the same.
 While much of the country is grappling with rising inventory, price sensitivity, and cautious buyers, Eastern Massachusetts continues to stand out thanks to:

• 🌟 Persistent high demand (especially near Boston and surrounding communities)
  
  
• 🌟 Limited land and housing supply — simple supply and demand economics
  
  
• 🌟 Strong local economy and job market (healthcare, education, tech)
  
  
• 🌟 Cultural and lifestyle appeal (coastal access, great schools, historic neighborhoods)
  
  

Even as mortgage rates hover around the 6.5–7% range, motivated buyers in our market are stepping up — and motivated sellers are still commanding top dollar when they price and present their homes right. 📈🏡

🔮 What Should Buyers and Sellers Expect Heading into the Rest of 2025?

• 🛒 Buyers: Be ready to move quickly and present strong offers! Pre-approvals and local market knowledge are key.
  
  
• 🏡 Sellers: It’s still very much your market, especially if your home is move-in ready and priced right. Strategic preparation will put you at the top of buyers' lists.
  
  

🏡 Final Thoughts: Massachusetts Isn't Following — It's Leading

In a time when national trends point toward caution and cooldowns, Eastern Massachusetts is showing what a healthy, competitive market looks like.

If you're considering buying or selling this year, working with a local expert who understands these unique dynamics is more important than ever.
 I'd be honored to help you navigate it all — and make your 2025 real estate goals a reality. 🙌