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By Chris Doherty

Christian Doherty lists and sells more homes than any other agent in the Greater Lowell, Massachusetts market with over 300 homes sold in the past 12 months. Chris is ranked in the top 1% of all agents in the United States.

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What’s really going on in the Massachusetts housing market right now? This November is the perfect time for a real estate reality check. Take a moment to step back, look at the data, and cut through the noise so you can make informed decisions.

October ended quietly, with September sales flat nationwide, but that doesn’t mean the market has stalled. It’s simply finding its footing again, moving at a steadier, more sustainable pace after the frenzy of the past few years. That shift toward balance is a healthy sign for both buyers and sellers. Let’s take a closer look.

Interest rates are falling. One of the biggest shifts this season is the drop in interest rates. The Federal Reserve has signaled a continued push to lower them, and that’s already breathing new life into the market. Even late in the year, activity is picking up as buyers take advantage of improving affordability.

Market trends in Massachusetts and New Hampshire. Home prices across these areas have remained steady and, in many areas, are still edging upward, just not as quickly as before. As interest rates dip, competition is heating up again, especially for well-priced homes in places like Salem, Hudson, Andover, Westford, and Greater Lowell.

“Rates appear to be leveling off, and market activity is picking up as the year winds down.”

Properties that are priced appropriately and presented well are seeing multiple offers, while those that miss the mark on price or condition are spending more time on the market.

Condo sales have been slower in cities such as Lawrence, Lowell, and Haverhill. While demand remains, the pace is definitely more sluggish than in the single-family segment.

What this means for buyers, sellers, and renters. Rates appear to be leveling off, and market activity is picking up as the year winds down. For sellers, steady prices and stronger demand are good news, with well-presented homes continuing to move. Buyers may find the best window to act between Thanksgiving and New Year’s, before competition rises again in spring. Renters can expect stability, too, as rental prices are likely to hold steady without major increases or declines.

The market is finding its rhythm again, and the outlook looks strong heading into the new year. If you’d like a complimentary market analysis or want to discuss buying or renting options, feel free to call me at 978-746-0124 or send an email to chris@dohertyproperties.com. Now’s a great time to start planning your next move.

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