July 2025: Sales Mixed in Greater Boston
Where did home prices decrease by double digits during the first seven months of 2025?
Greater Boston’s housing market split in July: single-family home sales and prices increased year over year, while condominium sales and prices declined.
Single-family home sales rose 5 percent to 2,443 in July from 2,319 in July 2024, according to data compiled by The Warren Group, which publishes real estate and mortgage data and analytics. The median single-family price increased 4 percent to $830,000, up from $800,000 in July 2024. The Warren Group defines Greater Boston as the 139 communities, including Boston’s neighborhoods, within Interstate 495.
Through July, single-family transactions were up 3 percent to 11,727 from 11,352 during the same seven-month period in 2024. The median price for January through July reached $805,000, a 4 percent increase from $772,024.
Condominiums moved in the opposite direction in July. Sales decreased 2 percent to 1,416 from 1,443 in July 2024. The median condo price fell 4 percent year over year, from $650,000 to $630,000.
Year to date, condo sales edged higher despite July’s dip, rising 3 percent to 8,243 from 8,016 during the same timeframe in 2024. The median condo price for January through July was $630,000 in both 2024 and 2025.
Where Did Home Prices Decline?
The following is a sample selection of five towns where the median price of a single-family home decreased by double digits during the first seven months of 2025, according to The Warren Group.
1. Hopkinton, MA: Located in Middlesex County, the median house price dropped nearly 11 percent, from $1,100,000 to $983,000.
2. Marion, MA: Located in Plymouth County, the median price of a single-family home fell 16 percent, from $712,450 to $600,000.
3. Nahant, MA: Located in Essex County, the median price of a single-family home decreased 20 percent, from $1,056,250 to $847,500
4. North Reading, MA: Located in Middlesex County, the median price of a single-family home declined 11 percent, from $960,000 to $855,000.
5. Wayland, MA: Located in Middlesex County, the median price of a single-family home dropped 12 percent, from $1,337,500 to $1,175,000.