North of Boston Real Estate Market Update: June 2025
If you’re wondering what’s happening in the real estate market north of Boston, you’re not alone. With the summer in full swing, we’re taking a look at how the market performed in June 2025 compared to this time last year.
Let’s dive into the numbers.
Inventory Is Trending Up
In Essex County, the number of active single-family homes on the market increased by 1% year-over-year. In Middlesex County, we saw a more noticeable jump—inventory rose by 13% compared to June 2024. This gives buyers a bit more to choose from, though inventory still remains historically tight.
Homes Are Selling at a Steady Pace
The number of homes sold across both counties rose by 4.2%, indicating that buyer activity remains strong. The average time it’s taking to sell a home stayed fairly consistent at 24 days—a sign of continued demand and market stability.
Prices Continue to Climb
Prices are still on the rise:
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In Essex County, the median home price climbed from $758,000 to $803,000, a 6% increase year-over-year.
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In Middlesex County, prices moved from $910,000 to $940,000, marking a 3% increase.
What Does This Mean for You?
We're still in a seller’s market, but the intensity has cooled slightly compared to earlier in the year. This spring, many homes were receiving multiple offers within days—often with waived contingencies and strong terms. While that’s still happening in some cases, we’re now seeing more balance: some homes are staying on the market a bit longer, negotiations are becoming more common, and contingent offers are occasionally being accepted again.
Thinking About Making a Move?
Whether you're buying or selling, timing and strategy matter more than ever in today’s evolving market. If you’re considering a move in or out of the suburbs north of Boston, let’s talk. Give us a call at 617-275-3379.
We’re here to help you navigate your next step with confidence.
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