If you’re a homeowner in Massachusetts wondering, “Should I sell my house fast for cash?” the April 2024 real estate market update offers key insights. At CashOfferMA.com, we specialize in providing cash offers in Massachusetts, helping homeowners like you navigate the market with ease. Whether you’re looking for a quick sale or exploring options, understanding the current market can help you decide if working with a company that specializes in “we buy houses in Massachusetts” is right for you.
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Single Family Market Overview: A Shifting Landscape
In April of 2025, we saw 2,715 Single Family homes sell for an average sales price of $852 thousand dollars.
The sales so far this year have been right in line with 2023 and 2024. And the month of April was no different. An interesting point to note is that there are now 3 consecutive months of decreased sales year over year. The 2,715 Single Families that sold in April was 1.4% less than last year when we saw 3,143 homes sold.
Adding in this month’s sales levels, the year to date sales levels fell a bit from -0.33% last month to -0.44% this month as we have now sold 9,052 units compared to the 9,092 units at this point in 2024.
We are at 5.3% appreciation rate year over year for the first four months of 2025. But let’s keep an eye on that downward trend. The 2.95% appreciation rate for April of 2025 is compared to the 10.47% appreciation rate in April of 2024.
Now onto the yearly sales comparison levels.
I would say that our 2,715 sales were pretty much right on pace with April of 2024. These are our new normal sales levels.
It really is hard for sales to get lower. I guess they can as we saw that in 2023. So when you see big year over year moves… It kind of becomes surprising.
This month marked our third consecutive month for a year over year sales decline.
And that is now 59 consecutive months of year over year home price increases. That is nearly 5 years of consecutive year over year pricing gains.
But it’s all about inventory levels. So let’s take a look at inventory which is beginning to paint a questionable picture for future home price appreciation.
This is a five year high for monthly inventory levels. We ended the month with 5,065 Single Family homes on the market.
Year over year, inventory levels are up 44.1%! And 54.89% when compared to April 2023 inventory levels. This is the story that we all need to keep our eyes on.
Look at those inventory levels… Future sellers should really take note here.
It’s the beginning of May and we are pretty close to inventory peaks that we had seen in years past. At the end of the first week in May, homeowners had 1,344 additional single family houses to look at then they did back in the same week in 2024.
And here seems to be the reason why inventory levels are growing. Look at the year over year inventory growth in the last three years. Meanwhile, the sales levels have stayed constant. Our listing levels are comparative to the years of 2022 when we were selling a LOT more houses.
Year over year, we had a 20.4% increase in the amount of houses that came on the market.
It makes sense that we are seeing more and more price reductions as inventory grows. This will continue. Sellers that need to sell will chase the market. This means that we had a 32.8% increase year over year in the amount of price reductions that we saw in Massachusetts.
Quick recap… So sales in the Single Family market were down by .9% while inventory was up by 44%. The number of new listings were up by 20.4% when compared to last year’s numbers while seeing a 32.8% increase in price reductions for April of 2025.
The $853,000 average sales price means that home prices in Massachusetts are up 2.95% year over year and 5.3% year to date. This is the time of the year when the trendline for home prices will/should continue to go up. BUT, what I think we really need to pay attention to is the gap between this year’s line and last year’s line compared to years prior. Home prices aren’t going up like they were this time last year.
Home prices for the month of April were still over asking, but it was below the levels of last year. The 101.5% list to sale price ratio is nothing to sneeze at… But it is down. This is a sign of a weaker market… But still a pretty darn good one.
Our days on market came in at 39 for the month of April. They are trending down which is what we normally see for this time of the year. But again, the days on market are higher than the same time last year.
The takeaways for the Massachusetts real estate market year to date. The market is still a strong market. It’s appreciating. It’s still a seller’s market with 2.14 months of inventory, but it is weaker. Consider this, the high for months of inventory last year was in June when we hit 2.17 months.
The inventory is building. And it is building very fast. Almost worrying fast. The question is if the Spring market started earlier and therefore we won’t see the additional surge that we are accustomed to… Or, is there still a ton of shadow inventory out there just waiting to hit the market?
Time will tell. But future sellers may… I will say it again… may be in for a little pain.
What This Means for Homeowners
The market remains a seller’s market with 2.14 months of inventory, but it’s weaker than last year. Days on market (DOM) are at 39 days, trending down but higher than last year. The list-to-sale price ratio of 101.5% shows homes are still selling above asking, though not as aggressively as in 2023. With inventory building fast—1,344 more homes available in early May compared to last year—future sellers may face challenges if trends continue.
For homeowners considering a traditional sale, this growing inventory could mean more competition and potential price reductions. However, if you need to sell your house fast in Massachusetts, a cash offer in Massachusetts could be the solution. At CashOfferMA.com, we buy houses in Massachusetts as-is, helping you avoid the hassle of repairs, showings, and market uncertainty.
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Why Consider a Cash Sale?
The current market dynamics highlight why many homeowners are turning to companies that say “we buy houses in Massachusetts”:
- Speed and Certainty: With sales slowing and inventory rising, a cash sale can close in as little as 7 days, compared to the 39 days on market for traditional sales.
- Avoid Repairs and Costs: We buy houses as-is, meaning no repair costs or agent commissions. You can skip the 32.8% of sellers who had to reduce prices in April.
- Flexibility: Choose your closing date and avoid the uncertainty of buyer financing falling through.
Is Now the Right Time to Sell for Cash?
With home prices still appreciating but showing signs of slowing growth, now may be a strategic time to secure a cash offer in Massachusetts. The market’s high inventory and increasing price reductions suggest that waiting could lead to lower offers in a traditional sale. At Bluefin Property Buyers, we provide fair, no-obligation cash offers tailored to the Massachusetts market, ensuring you get the best value without the stress.
Takeaways for Massachusetts Homeowners
- The market is still strong but weakening, with a 2.95% YoY price increase and a 5.3% year-to-date appreciation.
- Inventory is at a five-year high, up 44.1% YoY, which could lead to more competition for sellers.
- Price reductions are up 32.8%, and sales are down 1.4%, signaling a potential shift.
- A cash sale offers a fast, hassle-free alternative to navigate this changing market.
Ready to explore your options? At Bluefin Property Buyers, we make selling easy with competitive cash offers in Massachusetts. Contact us today to get a free, no-obligation offer and see how we can help you sell your house fast!