A Tale of Two Halves (Jan–Jun 2025)

🏡 Massachusetts Real Estate Market

In the first half of 2025, the Massachusetts single-family housing market painted a vivid picture of strong demand, rising prices, and swift sales. With 16,933 homes sold, the market moved at a brisk pace, averaging just 39 days on the market and 27 days to receive an offer.

📈 The Heart of the Market

The sweet spot for buyers and sellers was between $500,000 and $999,999, where over 8,700 homes changed hands. Homes in this range sold quickly—often within 23 to 26 days—and frequently above asking price, with sale-to-list price ratios hovering around 102–103%.

💰 Luxury Moves Slowly

At the top end, the luxury market (homes priced $3M and above) saw fewer transactions—just 322 homes—but with much longer timelines. These properties lingered on the market for 87 to 150 days, reflecting a more patient buyer pool. The highest recorded sale reached a staggering $17 million.

🏘️ Affordable but Scarce

On the other end, homes under $200,000 were rare, with only 119 listings in total. These properties took longer to sell and often closed below their original list prices, suggesting limited demand or condition-related challenges.

📊 By the Numbers

• Average Sale Price: $854,781
• Median Price: $669,000
• Total Market Volume: $14.47 billion
• Highest Volume Segment: $500K–$699K range
• Strongest SP:LP Ratio: $700K–$999K range (103%)
• Fastest Sales: $400K–$699K homes (23–25 days to offer)
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