Single-Family Home Trends

Key Highlights:

• Average Sale Price increased from $628,623 to $653,832 (↑4.01%)

• Closed Sales fell from 77 to 52 (↓32.47%)

• Days on Market jumped from 28 to 42 days (↑50%)

• Active Listings nearly doubled from 13 to 24 (↑84.62%)

• Absorption Rate dropped sharply from 102.56% to 45.83% (↓55.31%)

Although fewer homes are selling, buyers are still paying above asking when properties are priced right. However, they’re taking more time before making offers, and the increase in available homes has made the market less competitive.
Takeaway: Sellers need to be strategic. The price strength remains—but only for homes that are move-in ready and properly priced from the start.

Multi-Family Home Trends

Key Highlights:

• Average Sale Price increased to $934,266 (↑9.03%)

• Listings Taken rose from 60 to 66 (↑10%)

• Price Reductions more than tripled (↑233%)

• Days on Market rose to 37 days (↑76.19%)

• Sale-to-List Ratios dipped slightly to 101.7%

The multifamily sector remains active, but the rising Days on Market and spike in price reductions reveal a market where buyers are less aggressive and expect more value.

Takeaway: The Revere multifamily market is still performing well, but pricing too high upfront could result in stale listings or forced price drops.

Condominium Trends

Key Highlights:

• Average Sale Price dropped to $457,695 (↓6.28%)

• Closed Sales increased to 61 units (↑32.61%)

• Days on Market surged from 26 to 65 (↑150%)

• Pending Sales rose sharply (↑34.38%)

• Absorption Rate improved to 24.10% (↑43.03%

Despite falling prices and slower sales timelines, more condos are going under contract and selling, especially when appropriately priced. However, nearly triple the listings required price reductions in 2025 compared to the prior year.

Takeaway: Buyers are active, but cautious. Sellers must adjust expectations and be flexible during negotiations