The real estate market north of Boston continues to shift, and we’re here to break down what’s happening in Middlesex and Essex Counties, comparing July 2025 to July 2024.
Homes for Sale
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Essex County: Active listings increased by 51.5%
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Middlesex County: Active listings increased by 12.5%
More homes are coming onto the market, giving buyers more options than we’ve seen in recent years.
Homes Sold
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Essex County: Sales rose by about 6.5%
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Middlesex County: Sales dipped by 1%
Days on Market
On average, homes are taking a little longer to sell — increasing from 25 days to 28 days.
Median Sales Prices
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Middlesex County: Rose from $865,000 to $950,000
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Essex County: Rose from $725,000 to $785,000
Prices remain at record highs, even though the pace of sales has slowed slightly.
What This Means for Sellers
It’s still very much a seller’s market. Home values are at their peak, but it may take a little longer to find the right buyer compared to a year or two ago. Sellers should be prepared for more competition and ensure their homes are priced and presented strategically to stand out.
What This Means for Buyers
Buyers will find today’s market somewhat more approachable. Interest rates are lower than earlier this year, inventory has grown, and competition has eased slightly. While homes are still selling quickly, the frenzied bidding wars of the past aren’t quite as intense.
If you’re considering a move in the suburbs north of Boston, we’d be happy to help you navigate today’s market.
Call us at 617-275-3379 or learn more about our team at TernulloRealEstate.com.
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