As we head into the second half of 2025, I wanted to share a quick look at how the Greater Boston real estate market is shaping up—and what you might want to keep an eye on if you're thinking about buying, selling, or just keeping tabs on the market. Here’s what we’re seeing
Mortgage Rates Are (Finally) Starting to Slide
Good news for buyers: mortgage rates are expected to dip slightly by the end of the year. After hovering around 6.8%, forecasts from Fannie Mae and Freddie Mac now suggest we could see 6.5% or even slightly lower by December. That may not sound dramatic, but a half-point drop can mean thousands saved over the life of a loan—and can also motivate hesitant buyers to act before the holidays.
Inventory Is Ticking Up - But Still Tight
We’re seeing some long-awaited inventory gains across Greater Boston—especially in neighborhoods like East Boston, Melrose, Dorchester, and Medford. Here's a quick look at inventory trends across property types:
Single-Family Homes:
- Inventory is up 9% YoY (Year over Year)
- Median Days on Market: 26 days (down from 31 days last year)
Condos:
- Inventory is up 12% YoY
- Median Days on Market: 34 days
Multi-Family Homes:
- Inventory has increased 15% YoY
- Median Days on Market: 32 days
This uptick is giving buyers more options—and sellers more competition. If you’re thinking of selling, accurate pring and top-shelf presentation matter now more than ever.
Prices Are Leveling - But Still Strong
We’re no longer seeing the wild price spikes of the last several years, but values remain solid across most categories:
Single-Family Homes:
- Median Sale Price: $875,000
- Up 1.9% YoY
Condos:
- Median Sale Price: $665,000
- Flat YoY, but stable
Multi-Family Homes:
- Median Sale Price: $975,000
- Up 2.6% YoY
So while prices aren’t skyrocketing, they’re holding steady—especially updated properties in well-located areas. Rising wages and more balanced price trends are helping slightly with affordability. Boston will always be competitive, but we’re seeing more entry-level condo options come online, and move-up buyers are finding creative ways to leverage their equity.
Thinking About Your Next Move?
Whether you're just browsing, wondering what your home might be worth, or actively planning to buy or sell, I’d love to help. The fall market can offer unique opportunities—especially if you're prepared. Let’s connect soon to talk strategy, pricing, and timing so you can take full advantage of where the market is heading.
Thanks for reading, and I look forward to getting the conversation started about your next Real Estate adventure!
John Barmon
The Greater Boston Property Team
Coldwell Banker Realty
1000 Massachusetts Avenue
Cambridge, MA 02138
office: 617-864-4430
direct: 617-529-6335