Find out what to expect from the real estate market in 2025 before you act.
Are you thinking about buying, selling, or renting a home this year? The real estate market has changed, and I want to make sure you’re prepared for what’s coming. Let me break it down for you in simple terms.
The market is normalizing. After the craziness of the pandemic, things are starting to settle. Gone are the days of wild bidding wars and 20% price hikes. We’re entering a more stable market where prices are rising at a normal pace. Expect home prices to increase by about 3-5% in 2025. That means if you wait, the home you want today will cost more next year.
More homes are coming to market. In 2024, we saw a slight increase in homes for sale. It won’t be a huge jump, but expect to see more properties in Massachusetts and New Hampshire this year. With a little more inventory available, you may face a bit more competition. If you’re buying or selling, this is important to know. You’ll want to be ready for the shift.
Homes in good condition sell faster. Here’s a simple truth: If your home is in great shape and ready to move into, it will sell fast. Homes that are clean, well-maintained, and priced right are going quickly. But homes that need a lot of work and are overpriced? They are struggling to sell. Buyers aren’t interested in fixing up a property unless they’re getting a great deal.
Steady increase in rental pricing. For those of you who are renting, I’ve got news. Rent prices aren’t going down anytime soon. In fact, they’re continuing to rise at a steady pace. If you’re thinking rents will fall dramatically, think again.
If you’re thinking about making a move, now’s the time to act. Whether you’re buying, selling, or renting, you need to know how these market changes will impact you. Prices are going up, and competition is increasing. If you have any questions, you can call or text me at 978-746-0124. With my experience and knowledge of the local market, I can guide you through the process and help you make the right decision.
