
Early Forecasts for the 2025 Real Estate Market
- By John Ternullo
- Posted




Are you considering moving this season? If so, you’re going to want a copy of the Fall Buyer and Seller Guides. These guides give you the facts on the biggest trends in the market, expert forecasts for what’s ahead, and a clear look into how it all impacts your move.
Read our Fall 2024 Home Buyer Guide
Read our Fall 2024 Home Selling Guide
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Welcome to our July market update! We're taking a look at single family homes sold in Middlesex and Essex counties and comparing June of 2024 to June of 2023. The amount of homes available for sale (inventory) went up by about 18%, and the amount of homes sold went down by 7%. Days on market, or the time it's taking homes to sell went from 26 days on average down to 24. And median sales prices went from $800,000 up to $861,000, an increase of 8%.
In my last video I talked about how buyer intensity has come down. Plenty of people out there believe home prices should fall very soon, but those that study the market say otherwise. Lawrence Yun, the chief Economist for NAR believes there's just simply not enough supply for prices to fall. We are very much still in a sellers market. We have a long way to go before we get to a buyer's market, or even a neutral market for that matter.
For those that are thinking about selling their home, right now is still a great time. Prices have never been higher! However, there are a lot of homeowners out there that have been sitting on the market for 3-5 weeks wondering where all the buyers are. My advice to home sellers is to have realistic expectations; things may not go just as they did for your neighbor that sold 4 years ago. And the other thing is thatdoing the important things matter again! It's important to price your home correctly, take the time to prep your home, and make sure your agent has a solid marketing plan. If you do all those things correctly you are bound for success! If you're thinking about making a move in the suburbs north of Boston give us a call at 617-275-3379!
Learn about home buying and selling tips as well as information on the current real estate market.
Read our Summer 2024 Home Buyer Guide
Read our Summer 2024 Home Selling Guide
6 Greenbriar Drive, Unit 106 North Reading, MA 01864 | For Sale $295,000
1 Bedroom 1 Bath 800Sf
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Unlock the secrets to homeownership success at our exclusive Home Buyers Brunch! Are you tired of feeling outmaneuvered in today's competitive housing market? Join us for a morning of enlightenment as we decode the home buying process, arm you with insider insights, and help you unlock the door to your dream [...]


No matter what you’ve seen in the news, there is no wave of foreclosures on the horizon. Yes, we’ve seen numbers tick up slightly (hence those headlines), but that was expected when the moratorium ended. It’s not a cause for alarm. We’re still well below pre-pandemic levels and way lower than what we saw during the crash. If you have questions, I’m here to help. #expertanswers #realestateagent #keepingcurrentmatters
Welcome to our April market update! We're looking at single family homes sold in Middlesex and Essex counties and we're comparing March of 2024 to March of 2023. Inventory remains a problem and fell by close to 10% last month. Units sold also dropped by close to 11%. The number of days on the average home was on the market didn't change [...]

Sell Smart ! Your Path to a Successful Home Sale Seminar
Click the link below to sign up!
Wednesday , March 6th, 2024 at 5:30 PM Leading Edge Real Estate, 248 Main St, Reading, MA, 01867
Wednesday, March 13th, 2024 at 5:30 PM Leading Edge Real Estate, 77 Main Street, Andover, MA, 01810
Sell Smart! Your Path to a Successful Home Sale [...]

The Ternullo Real Estate Team is pleased to present our 2024 Annual Reports!
This comprehensive report reviews statistics and median prices of single family, multi family and condo homes, as well as Michelle's home and style trends for 2024!
Middlesex County Essex County [...]
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