Real Estate
Average MA Home Sold For $600K In March. What About In Falmouth?
The state number topped the same period for 2024 as the year-to-date price also continues to pace 2024 totals.
MASSACHUSETTS — Prices for the average Massachusetts home continue to rise, with March's total reaching $600,000, a new report showed.
The Warren Group published its March home sales report, finding that the 2025 price topped the 2024 median price by $20,000. So far this year, the average price of all homes sold is $15,000 more than the same period in 2024.
There were 7,326 single-family home sales in the first three months of 2025, a 3 percent increase from 2024. The median single-family home sale price increased 5.3 percent on the same basis to $585,000.
Find out what's happening in Falmouthfor free with the latest updates from Patch.
Home sales in Massachusetts are up compared to this time last year, with over 300 more homes off the market than the previous period. March didn't follow that trend, however, with about 100 less homes selling across the Commonwealth.
In Falmouth, home sales dropped last month, 20, compared to the same month in 2024, when 27 sold. The figure follows a trend for the year as a home, when home sales have been down about 8 percent.
Find out what's happening in Falmouthfor free with the latest updates from Patch.
Prices, however, are not down in 2025. In both March 2024 and 2025, and for the year-to-date number, prices are up 11 percent. For the year, that means the average Falmouth home now costs $770,500 compared to $690,000 in 2024.
"Though the number of single-family home sales declined slightly on a year-over-year basis, the number of year-to-date sales is up versus 2024," the Warren Group's Associate Publisher and Media Relations Director Cassie Norton said.
"Hopefully that's an indication that the number of homes on the market is increasing and easing the inventory crunch somewhat," Norton added.
However, that doesn't necessarily mean prospective home buyers will have an easier time.
"Given the current state of the federal government, it's impossible to predict what interest rates will do, or whether inflation will continue to constrain the buying power of prospective home buyers," Norton said.
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