South Shore MA Real Estate Market Update – February 2025 🏡📊

By Michael Peppino, South Shore Real Estate Expert

The latest South Shore housing market data is in! Whether you’re thinking about buying or selling, here’s what you need to know about home prices, inventory, and market trends this month. 👇

🏠 Single-Family Homes

• Pending Sales: 📉 Down 3.7% (263 vs. 273 last year)

• Closed Sales: 📈 Up 9.4% (197 vs. 180)

• Median Sales Price: 📈 Up 3.0% ($650K vs. $631K)

• Inventory: 📉 Down 25.7% – Fewer homes available

• Days on Market: ⏳ Increased to 53 days (+7.3%)

• New Listings: 📉 Down 17.4%

🏡 Condos & Multi-Family Homes

• Pending Sales: 📈 Up 13% (104 vs. 92)

• Closed Sales: 📉 Down 28% (59 vs. 82)

• Median Sales Price: 📈 Up 6.3% ($465K vs. $437K)

• Inventory: 📉 Down 10.4%

• Days on Market: ⏳ Increased 71.5% (61 vs. 36 days)

📉 What Does This Mean for Buyers & Sellers?

✅ Sellers: With inventory dropping, demand remains strong! Homes are still selling near asking price (99.5% of list price for single-family homes). Thinking about selling? Find out your home’s value here!

✅ Buyers: Prices are rising, and competition is still present, but longer days on market mean more opportunities. Having a strong strategy is key to securing your dream home! Search available South Shore homes here!

The South Shore real estate market remains competitive, with home values continuing to rise. Whether you’re buying, selling, or investing, I’m here to help you navigate the market.

📲 Thinking about making a move? Contact me today!

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