Number of Homes Available Remains Stagnant Pushing Prices Higher
The number of single-family homes sold in Massachusetts last month was six less than in April 2024, but one real estate analyst said that is “hopefully” a positive sign for spring and summer homebuyers.
The Warren Group reported Tuesday there were 3,107 single-family home sales in Massachusetts in April, essentially even with April 2024’s 3,113 transactions. The median sale price of those homes in April 2025 was $630,000, a 3.3% increase compared to a year earlier.
The month’s sales results are the latest example of a chronic problem in Massachusetts: the number of homes available is stagnant, so persistently strong demand pushes prices higher and higher.
Cassidy Norton, associate publisher of The Warren Group, said April 2025 sales were basically on par with a year earlier. “Hopefully that’s an indication that the number of homes on the market is increasing and easing the inventory crunch somewhat,” she said.
Through the first four months of 2025, there have been 10,348 single-family home sales in Massachusetts, a 2.1% bump over sales at the same checkpoint in 2024. The median sale price is up 4.3% over the same time, registering at $600,000, The Warren Group said.
During introduction of the Senate’s budget debate this week, Ways and Means Committee Chairman Michael Rodrigues said the cost of housing is “probably the number one issue that I feel we are facing in the Commonwealth of Massachusetts, the number one reason why we see such a large number of Massachusetts residents between the ages of 25 and 40 leaving the Commonwealth of Massachusetts.”
“It’s very disturbing, and a lot of that has to do with the cost of housing in Massachusetts,” he said, adding that he believes the solution is build more housing using tools and resources included in a 2024 housing law.
Minority Leader Bruce Tarr said he agreed, but added that the Republican caucus is going to be focused during the budget debate on the things that municipalities “need to be able to do to support that housing.”
“There are extensive costs in things like wastewater treatment, drinking water, public infrastructure and transportation, and if we expect the communities to do those things and address those things on their own, I believe we’ll be disappointed when we look at the housing production numbers in the future,” Tarr said.
