The spring real estate market around Boston is in full swing—and the numbers from May 2025 paint a clear picture of strength and momentum. Across towns like Concord, Lexington, Lincoln, and Winchester, single-family home sales are showing solid year-over-year growth, with rising prices and strong buyer activity leading the way.
Average Home Prices Continue to Rise
In nearly every town we serve, both the average list price and sale price for single-family homes rose in May compared to the same month last year.
· Lincoln MA led the surge, with the average sale price up 95% year-over-year to $2.8M.
· Concord home values climbed as well, with a 32% increase in average sale price, reaching $2.28M.
· Lexington single-family homes also posted a healthy 9% gain.
These gains reflect strong demand in our local markets—especially in desirable towns where inventory remains limited.
Homes Still Selling Over Asking, But Market Pressure Eases Slightly
Homes across the area are still commanding above-asking offers, with many towns posting sale-to-list price ratios over 100%. That said, the premium over asking price has moderated a bit compared to 2024.
· In Winchester, for example, homes sold at 102% of list price, down slightly from 103% last May.
· Arlington MA real estate was one exception, where the sale-to-list price ratio increased to 111%, up from 106% last year.
This trend may indicate that while buyer demand is still high, the market is finding a bit more balance compared to the ultra-competitive conditions of the past few years.
More Homes Coming to Market—and More Buyers Stepping In
The number of listings increased significantly in towns like Lexington (+40%) and Acton (+42%) this May. At the same time, total market volume—the dollar value of homes sold—rose sharply across most towns.
· Arlington’s total market volume jumped 70% year-over-year.
· Lincoln also posted a 56% increase, reflecting both higher prices and more transactions.
This uptick in inventory and sales signals a robust spring market, with plenty of movement on both the buying and selling sides.
Are Buyers Slowing Down—or Just Choosing Carefully?
One interesting shift is the rise in days to offer in several towns, suggesting that buyers may be taking a bit more time before making their move.
· In Bedford MA, the time to receive an offer increased 71% over last year.
· Concord and Winchester saw similar slowdowns.
However, homes in Arlington and Boxborough are still flying off the market in just a week or less—showing that when the right property hits at the right price, buyers are still ready to act fast.
A Healthy, Active Market with Room for Strategy
From rising home values to increasing market volume, May 2025 confirms that the Greater Boston real estate market—especially for single-family homes—remains healthy and dynamic. The slight cooling in bidding wars and longer decision timelines offer both buyers and sellers opportunities to act strategically.
Want to Know What This Means for Your Neighborhood?
Every town—and even every street—can tell a different story. If you’d like to understand how the market is shifting in your specific area, one of our experienced agents would be happy to help.
👉 Contact us today for a personalized market update or to discuss buying or selling a home in Concord, Lexington, Lincoln, or any of the nearby towns we serve.
