Buying a Home in Northeastern Massachusetts: Fall 2025 Market Insights

Ash Taylor
Sep 29
2 min read

Northeastern Massachusetts is one of the most competitive and desirable regions in the state, with strong demand from both local buyers and those relocating from Boston or Southern NH. As of August 2025, the market data shows that while sales activity has cooled slightly, prices continue to climb making this fall a strategic time for buyers to act.

August 2025 Market Highlights for Northeastern MA

Overall Market Trends

Closed sales are down -8.6% year-over-year
Median sales price is up +3.8% year-over-year
Inventory of homes for sale is up +1.4% year-over-year

This mix signals a shift: while fewer homes are closing, buyers now have slightly more options, yet prices continue to rise.

Single-Family Homes

Median sales price: $757,250 (up 3.2% from last year)
Inventory: 818 homes, down 5.2%
Pending sales up 11.5%, but closed sales down 11.6%
Homes selling at 100.2% of list price, essentially at asking price

Takeaway: Buyers still need to move quickly on desirable homes, but there is less bidding war pressure compared to the past two years.

Condominiums

Median sales price: $465,000 (down 1.0% from last year)
Inventory: 453 condos, up 14.7%
Pending sales up 16.6% year-over-year
Condos selling at 99.7% of list price, slightly under asking

Takeaway: Condos are becoming a more affordable entry point for buyers priced out of single-family homes, especially with growing inventory.

What This Means for Buyers

Timing Matters: While interest rates remain a factor, waiting may cost buyers more in the long run since prices are still edging upward.
Single-Family Homes Remain Strong: Demand continues, but buyers have a bit more leverage than during the peak frenzy.
Condos Offer Opportunity: With prices softening and inventory rising, this segment may offer the best deals for fall buyers.

Why Work with KW Gateway Realty

Our REALTORS® combine national Keller Williams systems with local expertise in Northeastern MA towns like Andover, Methuen, Haverhill, and Lawrence. We understand the nuances of this shifting market and know how to help you win the right home at the right price.