Hot Markets! Where Median Home Prices are SURGING!

Want to know where the action is in the Massachusetts real estate market? We're tracking the hottest towns with the biggest jumps in median home prices. Check out this recent data from The Warren Group:

South Shore Sizzles:

• Norwell takes the crown: This South Shore town saw a dramatic 27.6% surge in median single-family home prices in 2024!

• More South Shore winners: Hanson, Kingston, Duxbury, and Randolph also experienced impressive gains, making them areas to watch.

Million-Dollar Milestones:

• Milton and Norwell crossed the $1 million threshold for median home prices, joining the ranks of Cohasset, Duxbury, and Hingham.

• Scituate is knocking on the door of the million-dollar club, with a median sale price of $888,000 in 2024.

Statewide Trends:

• Massachusetts saw a healthy 7.9% increase in the overall median home sale price in 2024.

• Sales volume is also up, with a 2.9% rise in the number of homes sold.

Why This Matters to You:

• Sellers: If you're in one of these hot markets, you're in a strong position. Understanding your local market trends can help you price strategically and maximize your profit.

• Buyers: Be prepared for competition in these desirable areas. Working with a knowledgeable agent and getting pre-approved for a mortgage can give you an edge.

Want to know how these trends are impacting your specific town or neighborhood? Reply to this email, and I'll provide you with a personalized market analysis.