Published September 6, 2025

Greater Boston Real Estate Market Update | September 2025

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Written by Emily Wangia

Mystic River in Medford MA at dusk with fall foliage, brick mill buildings, and green bridge reflecting on the water

National headlines called this summer tough for buyers and sellers. In Greater Boston, the picture is more nuanced. Inventory is climbing, buyers are taking a little longer to make offers, and prices are still edging up. We pulled Middlesex County data as a strong proxy for core Greater Boston towns like Cambridge, Somerville, Arlington, and Medford. The photo shows Medford’s Mystic River in early fall.

Greater Boston Real Estate Market Update · September 2025

Source: MLS PIN. Figures are year over year unless noted.

YTD Year to date totals for 2025 compared with 2024. as of Sept 3, 2025 Point-in-time snapshot of current active inventory on that date.

Single-Family Active Inventory as of Sept 3, 2025
+40%
790 → 1,110
Condo Active Inventory as of Sept 3, 2025
+57%
480 → 755
Multifamily Active Inventory as of Sept 3, 2025
+71%
120 → 205

Single-Family Homes

Closings YTD
+1%
5,491 → 5,550
Listings Taken YTD
+7.69%
7,182 → 7,734
Price Changes YTD
+27%
1,351 → 1,715
Average Sale Price YTD
$1.11M → $1.17M
+5.16% (+$57K)
Active Inventory as of Sept 3, 2025
+40%
790 → 1,110

Single-family supply jumped 40% compared to this day last year. More sellers are testing the market and more are adjusting list prices. Even with that competition, the average sale price climbed to $1.17M.

Condominiums

Closings YTD
+1.7%
3,108 → 3,160
Listings Taken YTD
+14.45%
4,056 → 4,642
Days to Offer YTD
21 → 25
+4 days (+19%)
Price Changes YTD
+42.93%
785 → 1,122
Average Sale Price YTD
$748K → $764K
+2% (+$14.8K)
Active Inventory as of Sept 3, 2025
+57%
480 → 755

Buyers have more choices and more time. DTO rising to 25 days signals less urgency. Prices still ticked up, but the pace is slower than single-family.

Multifamily Homes

Closings YTD
−2%
699 → 685
Listings Taken YTD
+14.8%
1,027 → 1,179
Price Changes YTD
+60%
173 → 277
Average Sale Price YTD
$1.10M → $1.18M
+7.27% (+$80K)
Active Inventory as of Sept 3, 2025
+71%
120 → 205

Even with more supply and slightly fewer closings, multifamily prices kept climbing. Investor and owner-occupant demand remains strong.

What This Means For You

  • Sellers: Pricing strategy matters. With inventory up sharply, accurate pricing and early adjustments protect momentum.
  • Buyers: More options and a little more time to decide. Prices are not rolling over, so focus on value and terms.
  • Investors: Multifamily remains competitive. Rising price changes can create selective opportunities.

Key Terms

Middlesex County: Includes Acton, Arlington, Ashby, Ashland, Ayer, Bedford, Belmont, Billerica, Boxborough, Burlington, Cambridge, Carlisle, Chelmsford, Concord, Dracut, Dunstable, Everett, Framingham, Groton, Holliston, Hopkinton, Hudson, Lexington, Lincoln, Littleton, Lowell, Malden, Marlborough, Maynard, Medford, Melrose, Natick, Newton, North Reading, Pepperell, Reading, Sherborn, Shirley, Somerville, Stoneham, Stow, Sudbury, Tewksbury, Townsend, Tyngsborough, Wakefield, Waltham, Watertown, Wayland, Westford, Weston, Wilmington, Winchester, and Woburn.

DTO (Days to Offer): Days a home is on the market before the seller accepts an offer. Different from Days on Market, which can run longer due to negotiation and paperwork after an offer is accepted.

Price Changes: Listings that reduced asking price after going live.

Market stats change over time. If you need town-level data for Cambridge, Somerville, Arlington, or Medford, contact us and we will share the latest snapshot.

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