Your South Coast Real Estate Market Report for January 2025

Prepared for you by Bernadette Kelly Group, Keller Williams Cape Cod & Colonial Partners. Leaders in real estate sales and rentals on the South Coast for over 20 years. ‘We make the South Coast home.’

Closed sales increased for the fourth consecutive month year-over-year.

MAR data provided the following key indicators for November:
● The median sale price for single-family homes increased by 7% to $610,000 and condominiums increased by 7.9% to $561,250 from last January.
● Since last January, new listings have increased 7.1% for single-family homes and by 13.5% for condominiums.
● Closed sales increased by 8.1% for single-family homes and 21.4% for condominiums since last January.

The housing market showed strong growth in January, with both median sale price and closed sales on the rise, reflecting sustained demand month-over-month and year-over-year. New listings also increased, allowing more options for buyers to enter the market and to take advantage of the available inventory as we head into the spring market.

“Inventory has continued to be a challenge, however, we are hopeful the strong month-overmonth and year-over-year changes we are seeing in new listings will help alleviate this burden,” said Sarah Gustafson, 2025 president of MAR. “As we move towards what we believe will be a very active spring market, I’m hopeful the increase we’re seeing in both new inventory and closed sales indicates that buyers and sellers are ready and eager to enter the market.”

Are you interested in more detailed market information about a particular town, or neighborhood? Please reach out any time. I would be glad to prepare you a free, no-obligation market summary. Pick a time for us to chat here.