May 2025 Market Update: What’s Happening in the Suburbs North of Boston?
Hi, I’m John from the Ternullo Team at Leading Edge Real Estate, and here’s your market snapshot for single-family homes in the suburbs north of Boston during April 2025 — specifically Middlesex and Essex Counties. We’re comparing this April to the same time last year to help give you a sense of where the market is headed.
Inventory is Rising
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Active listings are up about 20% compared to April 2024. This means more homes for buyers to choose from — and potentially a little more breathing room in certain price ranges.
Homes Are Still Selling
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In Essex County, the number of homes sold rose 15%.
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In Middlesex County, it was a smaller bump — up 5%.
Days on Market: A Mixed Bag
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In Essex County, homes are taking longer to sell — jumping from 30 to 38 days (a 27% increase).
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In Middlesex County, the average stayed steady at around 29 days.
Prices Are Still Climbing
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Essex County saw strong price growth, with the median sale price rising from $670,000 to $735,000 — a 10% increase.
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Middlesex County experienced a more moderate gain, from $884,000 to $900,000 — up about 2%.
So, How’s the Market Really?
Rates remain a challenge, but buyer demand in our local suburbs is still outpacing available listings. Many homes are going under agreement within a week, often with multiple offers and strong terms. That said, not every home is flying off the shelf — some are taking 30 to 40 days or more to sell.
Buyers: Don’t assume something’s wrong with a home just because it’s been on the market for a few weeks.
Sellers: If you want top dollar and strong results, it’s more important than ever to:
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Price strategically
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Ensure your home shows beautifully
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Use high-quality marketing that stands out
Questions About Your Home or the Market?
We’re here to help. Whether you're just curious or planning a move this year, reach out anytime.
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