BEVERLY – June 24, 2025
North Shore REALTORS® (NSR) has released housing data for May 2025. In May, the condominium market rebounded in nearly every way except closed sales. Condo prices for 2025 have been flat year to date compared to 2024, but May showed a strong upward trend, increasing 4.3% year over year.
May data provided the following key indicators:
- New listings are holding fairly flat year over year while pending sales continue the 2025 trend of rising ~10%.
- Year over year days on market are trending towards a 13% increase so far in 2025 for both single family homes and condos. This increase has so far not shown a downward effect on prices.
“The May statistics reflect a highly competitive single-family market, with inventory slightly down and prices up nearly 6% year over year. While it’s still a strong seller’s market, a recent uptick in listings could level the playing field for buyers in the near future.”
A complete breakdown of May’s data can be found nearby. Housing data encompasses Beverly, Danvers, Essex, Georgetown, Gloucester, Groveland, Hamilton, Haverhill, Ipswich, Lynn, Lynnfield, Manchester-by-the-Sea, Marblehead, Merrimac, Middleton, Nahant, Peabody, Rockport, Salem, Saugus, Swampscott, Topsfield, and Wenham.
North Shore REALTORS® is a nonprofit advocacy, support, and education resource for REALTORS® and the public. As a member-based trade association, NSR brings together diverse perspectives from the real estate community across the North Shore of Massachusetts. NSR was founded in 1923 and currently serves upwards of 1,300 members.
Historic Data Spotlight
Single Family
| YEAR | MEDIAN PRICE | CLOSED SALES | INVENTORY |
| 2025 | $752,000 | 261 | 429 |
| 2024 | $700,000 | 254 | 446 |
| 2020 | $487,450 | 254 | 508 |
| 2015 | $369,000 | 329 | 1,089 |
Condominium
| YEAR | MEDIAN PRICE | CLOSED SALES | INVENTORY |
| 2025 | $470,000 | 111 | 197 |
| 2024 | $450,500 | 127 | 183 |
| 2020 | $329,950 | 92 | 244 |
| 2015 | $249,000 | 145 | 480 |
