More Homes Are Selling In MA So Far This Year, But Prices Continue To Rise: Warren Group

MASSACHUSETTS — More homes have sold in 2025 than were sold in 2024 so far this year, but the uptick in activity hasn't done much to lower prices for potential buyers.

The Warren Group published its latest home sales report recently, uncovering that prices in August were up from the same time in 2024.

Reporting found that the median single-family home price was $658,200 last month, an increase of 4.2 percent over August 2024, according to the new report.

In August, there were 4,422 single-family home sales in Massachusetts, a decrease of 2.1 percent from August 2024 when there were 4,519 transactions.

Meanwhile, the median single-family home price increased 4.2 percent on a year-over-year basis to $658,200.

There were 28,210 single-family home sales in the first eight months of 2025, a 2.7 percent increase from 2024. The median single-family home sale price increased 4 percent on the same basis to $645,000.

“Following the usual pattern, the median sale price in August was up versus 2024 but down versus July,” said Cassidy Norton, Associate Publisher and Media Relations Director of The Warren Group.

However, Norton said, some factors could contribute to friendlier conditions for buyers in the coming months.

“Buyers who are looking now are likely to see lower prices and reductions from earlier in the year. Interest rates are down at the moment, which may help some buyers and sellers decide to enter the market,” Norton said.

Last week, mortgage rates reached an 11-month low of 6.26 percent. That's up from the same period last year, when mortgage rates were 6.09 percent.

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