The Massachusetts housing market had a strong start to the new year as closed sales in the Bay State rose year over year for the fourth consecutive month, according to the Massachusetts Association of Realtors (MAR) January market report. 

It wasn’t just closed sales that showed strong growth last month. The median sale price also increased, as did new listings, giving more options to buyers as they head into the spring market. 

According to the report, new single-family home listings rose 7.1% from 2024, while new condo listings increased 13.5%. 

Median sale prices also improved last month. The median sale price for single-family homes rose 7% from December to $610,000, while condominiums rose 7.9% to $561,250.

Closed sales also increased year over year, rising 8.1% for single-family homes and 21.4% for condominiums.

Sarah Gustafson, 2025 MAR president and operating principal and broker representing Keller Williams Pinnacle Central and MetroWest, said while inventory has continued to be a challenge, MAR is hopeful the strong month-over-month and year-over-year changes in new listings will help alleviate the burden. 

“As we move toward what we believe will be a very active spring market, I’m hopeful the increase we’re seeing in both new inventory and closed sales indicates that buyers and sellers are ready and eager to enter the market,” Gustafson said.