It’s been a dynamic Mid-Q3 here in Massachusetts—new listings for both single-family homes and condos have jumped 17% year-over-year. That means buyers now have a broader range of choices across the state, a welcome shift for anyone feeling squeezed by limited inventory. Even as options expand, home values remained strong: median prices hit $695,000 for single-families (up about 2%), and $565,000 for condos (up about 4%).
Closed sales have been a mixed bag: single-family sales held steady, dipping less than 1%, while condo closings saw a sharper decline of around 6%. Industry leaders are calling the surge in listings a positive sign—more supply means more opportunities for buyers, and the continued demand for well-priced homes shows our market’s resilience. As we move into fall, there’s cautious optimism that increased inventory and returning buyers will keep activity robust and drive more pending sales. After 14 years helping clients navigate these shifts, I know firsthand that staying informed and adaptable is key to success in our ever-changing market.
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