Banker & Tradesman: Sept. 1, 2025

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FALL PREVIEW SEE PAGE 8

THE FINANCIAL SERVICES AND REAL ESTATE WEEKLY FOR MASSACHUSETTS BY THE NUMBERS

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County close-up: Plymouth Spotlight: Mattapoisett

GOSSIP REPORT

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There’s waterfront living, and then there’s living on the water – the fourth home in this week’s roundup of Massachusetts’ most expensive home sales fits solidly into the latter category.

WEEK OF MONDAY, SEPTEMBER 1, 2025

RESIDENTIAL REAL ESTATE BY THE NUMBERS

222.36 percent How much the median single-family sale price in Scituate has risen this year. See Sam Minton’s story on this page. Source: The Warren Group’s Statistics Module

2.1 percent The statewide increase in singlefamily sales through June 30. See Sam Minton’s story on this page. Source: The Warren Group’s Statistics Module

42.47 percent How much the number median single-family sales in Salem has risen this year. See Sam Minton’s story on this page. Source: The Warren Group’s Statistics Module

2.17 percent The statewide increase in singlefamily inventory. See Sam Minton’s story on this page. Source: Massachusetts Association of Realtors

The number of single-family homes for sale was up 2.1 percent statewide in July.

MORE CHOICES

Inventory Upswing Triggers Optimism for Mass. Buyers

$795,000

10.4 percent The increase in single-family inventory in Worcester County. See Sam Minton’s story on this page. Source: Massachusetts Association of Realtors

187 The number of single-family sales in Billerica so far this year. See Sam Minton’s story on this page. Source: The Warren Group’s Statistics Module

9.1 percent The increase in single-family inventory in Barnstable County. See Sam Minton’s story on this page. Source: Massachusetts Association of Realtors

Unless otherwise noted, all data is sourced from The Warren Group’s Mortgage Market Share Module, Loan Originator Module, Statistics Module and/or proprietary database. For more information please visit www.thewarrengroup.com/business/ datasolutions.

Slow Spring Expected to Turn into Busy Fall BY SAM MINTON BANKER & TRADESMAN STAFF

A

s the days get shorter and the temperatures get cooler, the residential real estate market could be poised for an active fall market after a slow start to the year. There were 23,784 single-family home sales in the first seven months of 2025, a 3.6 percent increase from 2024 according

to The Warren Group, publisher of Banker & Tradesman. The median single-family home sale price increased 3.4 percent on the same basis to $640,000. “It was very much a start-stop market in the sense that we’d see it very busy for one to two weeks, and then all of a sudden it would halt for a week, and I would get busy for one to two weeks,” Cross Country Mortgage Senior Vice President Andrew Marquis said of the spring market. “I think a lot of that was the geopolitical uncertainty with regard to tariffs and how that sort of bounced rates up and down, and the unpredictability of the future.”

Through the first four months of the year, 10,349 single-family homes sold throughout the state, representing just a 2.1 percent increase. The instability in the market had a more concentrated effect on the higher end of the market. “Needs-based purchases, they moved along very nicely, enjoying that tailwind but discretionary purchases are usually always the first thing to get a pause in an uncertain market,” said Pauline Bennett, New England regional vice president at brokerage Coldwell Banker. Continued on Page 9

DEAL PROSPECTS

COMMERCIAL INTERESTS

Westfield Project Gets Exemption on Equipment

New Industry Report Shows Scale of Threat to Boston Biotechs

By Alison Kuznitz | State House News Service

By Scott Van Voorhis | Banker & Tradesman Columnist

iStock illustration

The year-to-date median single-family sale price in North Attleboro. See Sam Minton’s story on this page. Source: The Warren Group’s Statistics Module

Tax Change Lifts Plans for Don’t Bet on Filling Those ‘Hyperscale’ Data Center Campus Lab Buildings Any Time Soon

Commercial Real Estate PAGE 3

Opinion PAGE 4


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