The Fed Cut: A Turning Point
The Federal Reserve recently announced its first interest rate cut since December 2024. While the drop was modest, it’s an important signal that monetary policy may be turning more accommodative. Even a quarter-point cut can translate into meaningful monthly savings on a mortgage, especially in a high-cost market like Greater Boston.
Massachusetts Single-Family Homes: Still Competitive
So far this year, nearly 27,500 single-family homes have sold statewide, representing a 1.8% increase from 2024. Prices continue to rise, with the average sale price increasing by over 5% to $862,583. Homes are taking slightly longer to sell (about 37 days on average), but demand remains strong.
For buyers, that means suburban single-family homes are still a hot commodity—but rising inventory is giving you more options than last year.
Boston Condos: A More Balanced Market
The Boston condo market looks different. Year-to-date sales are nearly flat at 2,662 units, and while the average sale price has increased 3.2% to $1.1 million, buyers are gaining leverage. More price reductions are occurring, and the average sale-to-list ratio has decreased by about 0.6%, indicating potential room for negotiation.
Why Fall Could Be Your Window
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Rates are easing: The Fed cut could be the first of several. Acting now locks in today’s numbers before the next wave of buyers re-enters.
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Inventory is rising: More listings mean more choices and slightly less competition than the spring frenzy.
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Seasonal advantage: Fall typically sees fewer buyers compared to spring, creating opportunities for those who are ready to act.
If you’ve been waiting on the sidelines, Fall 2025 could be the window you’ve been waiting for. Between easing rates, more inventory, and seasonal advantages, buyers who are prepared can find real opportunities.
