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Are you wondering which year the real estate market was stronger: 2024 or 2025?
After the Super Bowl and the Olympics sparked the idea of competition, the question is simple: if 2024 and 2025 had gone head-to-head, which year would have come out on top?
If you’re trying to figure out the best time to buy or sell a home, let’s compare the numbers step by step.
Total number of sales. The first category is total sales, which refers to the number of homes sold during the year.
- In 2024, there were 187 total sales.
- In 2025, there were 189 total sales.
With slightly more transactions, 2025 earned the first point in the series.
Average sales price. Next is the average sales price, which reflects the typical price at which homes sold during the year.
- In 2024, the average sales price was 980.
- In 2025, the average sales price was 962.
Based on these numbers, 2024 had the highest average sales price in this comparison, giving that year the advantage in this category.
Average days to accepted offer. Another important measure of market strength is how quickly homes go under contract. This is shown in the average number of days to an accepted offer.
- In 2024, homes averaged six days to an accepted offer.
- In 2025, homes averaged seven days.
Because homes moved faster in 2024, that year gained another point.
Homes sold over $2 Million. Luxury sales also tell part of the story. This category looks at how many homes sold for over $2 million.
- In 2024, 16 homes sold for over $2 million.
- In 2025, 21 homes sold for over $2 million.
With more high-end sales, 2025 moved the series forward.
Interest rates and their Impact. Interest rates often directly affect buyer activity and overall demand.
- In 2024, the average rate was 6.9%.
- In 2025, the average rate dipped to 6.6%.
The lower rate in 2025 was seen as having a direct impact on the market, helping that year gain another advantage in the overall comparison.
Expired and canceled listings. Expired and canceled listings represent homes that were listed but did not sell.
- In 2024, 39 listings expired or were canceled.
- In 2025, there were 49.
After adding all categories together, the overall result gave 2025 the win, four to two.
2026 market update so far. After comparing 2024 and 2025, attention turns to 2026.
So far in 2026, total sales stand at 23. The average sales price is 930, which is a little below 2025. The average days to an accepted offer is six, similar to 2024. Only two homes have sold for over $2 million so far this year.
Interest rates are currently floating around 6%. However, many buyers are getting rates in the mid-five percent range. Rates remain one of the biggest factors influencing the market.
2026 forecast and outlook. Inventory in 2026 is described as tight as a drum. For sellers, this could mean exceeding expectations, attracting multiple offers, and achieving the highest possible price.
The spring market should see more inventory, especially as seasonal conditions improve.
Looking at the numbers, 2025 outperformed 2024 in most categories. Early data for 2026 shows a market shaped by tight inventory and rising interest rates, which will affect buyers and sellers alike.
If you have questions about the current market or are planning your next move, just reach out to me anytime at (617) 733-3983, email brian@briangagnonre.com, or visit briangagnonre.com. I’d be happy to help you explore your options.
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