South Shore Real Estate Market Update: August 2024 – February 2025

As we move into 2025, the South Shore real estate market continues to showcase strong demand, competitive pricing, and fast-moving inventory. Whether you're a buyer, seller, or investor, understanding the latest market trends can help you make informed real estate decisions.

Our latest South Shore single-family sales statistics report covers data from August 6, 2024, to February 6, 2025, highlighting key trends in median sale prices, price per square foot, and median days on market. Here’s what you need to know.

Key Market Trends & Insights

1. Home Prices Remain Strong Across the Region

• Hingham ($1,292,500) and Cohasset ($1,512,500) lead in median home prices, reflecting their desirability and premium market positioning.
• Duxbury ($1,200,000) and Norwell ($1,125,000) also remain in high demand, with home prices exceeding $1M.
• More affordable markets like Abington ($575,000) and Pembroke ($649,500) continue to provide opportunities for buyers looking for value.

2. High Sales Volume in Key Towns

• Plymouth saw the highest number of homes sold, with 330 transactions, making it the most active real estate market on the South Shore.
• Weymouth (208 homes sold) and Quincy (164 homes sold) also experienced strong sales activity, thanks to their mix of affordability and convenience to Boston.

3. Price Per Square Foot Varies by Town

• The highest price per square foot was seen in Hingham ($519.95) and Cohasset ($489.84), emphasizing their luxury appeal.
• More affordable price-per-square-foot markets include Abington ($328.28) and Plymouth ($358.55), making them attractive for buyers looking to maximize space for their budget.

4. Days on Market: Homes Are Selling Quickly

• Most South Shore homes are selling in around 20 days, indicating a strong seller’s market.
• Hingham (35.5 days) and Hull (43 days) experienced slightly longer market times, potentially offering more negotiation opportunities for buyers.
• Milton, Braintree, and Marshfield homes are moving fast, with median days on market under 20 days, showing strong buyer demand.

What This Means for Buyers and Sellers

• For Sellers: If you're considering selling, now is a great time. With strong demand and competitive prices, you can position your home effectively to attract multiple offers.
• For Buyers: While the market is competitive, opportunities exist in towns where homes are spending longer on the market. Working with an experienced South Shore real estate agent can help you navigate the process.

Thinking About Buying or Selling in 2025? Let's Talk!

With the South Shore real estate market continuing to show strength, strategic timing and expert guidance are key to making the most of market conditions. Whether you're thinking of buying, selling, or investing, our team at The Charles King Group is here to provide the latest market insights and help you achieve your real estate goals.

 Contact us today for a personalized market analysis or to discuss your next move!

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