Massachusetts single-family home and condominium prices were up in June, but were mixed through the first six months of 2025, according to data compiled by the Massachusetts Association of Realtors.
Overall, the single-family market appears stable, while the condominium market may be softening slightly.
The following are 18 data points home buyers should know about the 2025 statewide real estate market.
1. Home buyers purchased 4,336 single-family homes in June, a 4 percent increase from June 2024.
2. In June, the median house price rose nearly 4 percent to $725,000 on a year-over-year basis.
3. New single-family listings increased to 5,620, a 10 percent jump compared to June 2024.
4. The number of houses for sale in June stood at 7,399, up less than 1 percent.
5. The months of supply of single-family inventory dipped 4 percent from 2024 to slightly more than two months.
6. Home buyers paid, on average, nearly 102 percent of the original listing price for houses, down from 103 percent in June 2024.
7. Condominium sales rose about 1 percent in June to 1,793 units sold year over year.
8. The median condo price in June fell 1 percent to $579,000.
9. New listings for condos surged 17 percent to 2,452 available units in June compared to June 2024.
10. Condominium inventory increased 10 percent statewide in June to 4,088 units. With the surge in new listings, inventory numbers for July will likely increase.
11. The number of months of supply remained 2.8 months year over year.
12. Competition for condos cooled a bit in June, with home buyers, on average, no longer paying more than the original listing price. Condominiums sold for slightly less than 100 percent of the listing price.
13. During the first six months of 2025, home buyers bought 17,555 single-family homes, up 1 percent from the same period in 2024.
14. The median house price in Massachusetts reached $662,000 during the first half of the year, a 4 percent increase from the first six months of 2024.
15. New listings rose 8 percent to nearly 27,000 from January through June.
16. Condominium sales rose 2 percent to 8,154 through June compared to the first six months of 2024.
17. The median condo price during the first half of 2025 increased by 2 percent to $561,500 compared to the same timeframe in 2024.
18. Through June, new condominium listings jumped 12 percent to more than 13,500.
