Your South Coast Real Estate Market Report for April 2025
Prepared for you by Bernadette Kelly Group, Local leaders in real estate sales and rentals on the South Coast for over 20 years. ‘We make the South Coast home.’
South Coast Real Estate Market Update: Inventory Rises in April 2025!
As we move firmly into the spring market, the South Coast real estate landscape continues to evolve. April brought some encouraging shifts, particularly in inventory, which is a key indicator we’ve been closely watching. Let’s dive into the latest insights for April 2025, combining data from the Massachusetts Association of REALTORS® (MAR) with a closer look at our local South Coast communities.
April 2025 Market Overview: Inventory on the Rise
A significant development in April was the statewide increase in inventory for both single-family homes and condominiums, marking the second consecutive month with a year-over-year increase. Inventory for single-family homes rose by 8.5% and condominiums by 15.8% compared to last April. This offers more options for active buyers.
- Median Sales Price: For single-family homes, the statewide median sales price increased by 4.7% to $665,000 since April 2024, while condominiums remained at $550,000.
- New Listings: Since April 2024, new listings saw a substantial increase of 21.7% for single-family homes and 23.8% for condominiums across the state.
- Closed Sales: Statewide closed sales experienced a slight decrease since April 2024, down 1.9% for single-family homes and 4.2% for condominiums.
As Sarah Gustafson, 2025 president of MAR, stated, “The continued year-over-year increase in new listings is a very encouraging sign of the state of the market as supply continues to struggle to meet buyer demand,” She added, “With strong buyer demand, we encourage sellers to continue putting their properties on the market while interest is high. We’re hopeful that more inventory will continue to become available and offer buyers more options to achieve homeownership while helping to alleviate the ongoing challenge of limited inventory.”
Local South Coast Trends: April 2025
Our local South Coast communities of Marion, Mattapoisett, Rochester, and Wareham also reflect these dynamic trends, as highlighted in our South Coast Market Update graphic for April 2025. (All data reflects single-family homes sold, including a year-over-year change for the same month last year. Information is provided by MLS PIN and is deemed to be accurate, but is not guaranteed.)
- Marion: Saw 4 closed sales with no year-over-year change. The average price was $626,255, a 19% year-over-year increase. Days on Market significantly decreased by 77% to 18 days, and homes sold for 103% of list price, up 6%.
- Mattapoisett: Experienced 6 closed sales, a substantial 200% year-over-year increase. The average price was $1,157,250, down 4.6% year-over-year. Days on Market increased by 271% to 52 days, and homes sold for 96% of list price, down 3%.
- Rochester: Recorded 4 closed sales, a 33% year-over-year increase. The average price was $860,100, up 4.9% year-over-year. Days on Market increased by 128% to 48 days, and homes sold for 100% of list price, up 1%.
- Wareham: Had 18 closed sales, a 35% year-over-year increase. The average price was $476,550, up 15% year-over-year. Days on Market increased by 14% to 36 days, and homes sold for 101% of list price, up 3%.
What does this mean for you?
- For Buyers: The increase in new listings is a promising sign, offering more choices in a market that remains active and engaged. Stay persistent and be ready when the right home comes along.
- For Sellers: With continued strong buyer demand and increasing inventory, it’s a favorable time to bring your property to market.
At Bernadette Kelly Group, we are closely monitoring these trends across Marion, Mattapoisett, Rochester, and Wareham. Our deep understanding of the local market, combined with broader statewide insights, allows us to provide you with the expert guidance you need to navigate the spring real estate landscape successfully.
Ready to explore your options?
Whether you’re looking to buy or sell on the South Coast, we’re here to help you every step of the way. Reach out today for a personalized consultation!
We’re Here to Help
Navigating the real estate market requires local expertise and personalized guidance. The BKG team is here to help you every step of the way. We’re committed to providing you with the knowledge and support you need to make informed decisions.
Our team is here to help you every step of the way. We’re committed to providing you with the knowledge and support you need to make informed decisions.
Contact us today to discuss your real estate goals!
Are you interested in more detailed market information about a particular town or neighborhood? Please reach out anytime. I would be glad to prepare you a free, no-obligation market summary. Pick a time for us to chat here.
