Real Estate Market Updates: 2024 vs. 2025 as of July 1, 2025
As we reach the midpoint of the year, it’s the perfect time to reflect on the current state of the real estate market and how trends have evolved since January. The first half of the year has brought a mix of shifting interest rates, evolving buyer preferences, and continued demand in key areas. All of this is shaping a dynamic and competitive housing landscape. Whether you’re considering buying, selling, or simply staying informed, this mid-year market update offers valuable insights into local trends, inventory levels, pricing shifts, and what to expect in the months ahead.
Greater Boston
Single Family – The inventory of homes is up 34% (315 homes) and we now have 2.5 months of inventory, nearing a balanced market. Listings taken for the first half are up 10% vs. same period in 2024. Pending units are up only 2%, thus the rise in inventory. The median days to accepted offer was unchanged at 7 days. There have been 30% more price adjustments in 2025 vs. 2024 and closed units dropped by 2%. The median sale price rose to $1,311,750 – Up 7% above 2024.
Condominiums – The inventory of units is up 37% (583 units) and we now have 3.7 months of inventory. The condominium market is now balanced in the Greater Boston area, therefore favoring neither Buyer nor Seller. Listings taken for the first half are up 16% vs. same period in 2024. Pending units are up only 4%, thus the rise in inventory. The median days to accepted offer were also up by one day, to 11 days. There have been 35% more price adjustments in 2025 vs. 2024 and closed units dropped by 3%.The median sale price rose to $805,000, which is up 3% above 2024.
North Shore
Single Family – The inventory of homes is up 13% (49 homes) and we now have 1.9 months of inventory. We are still experiencing a Seller’s market and there has been little change from 2024. Listings taken for the first half are up 5% vs. the same period in 2024. Pending units are up only 3.5%. The median days to accepted offer was unchanged at 7 days. There were 25% more price adjustments in 2025 vs. 2024 and closed units were up 2.7%.  The median sale price rose to $830,000, which is up 5% above 2024.
Condominiums – The inventory of units are up 64% (91 units) and we now have 2.2 months of inventory. We are still in a Seller’s market, however it is trending toward a balanced market. Listings taken for the first half are up 10% vs. the same period in 2024. Pending units dropped by 7%, thus the rise in inventory. The median days to accepted offer was up by two days to 9 days. There were 37% more price adjustments in 2025 vs. 2024 and closed units dropped by 5%. The median sale price rose to $560,000 which is up 7% above 2024.
