National Home Prices
Boston Condos for Sale and Apartments for Rent
National Home Prices
- The share of homes selling above the final asking price in September 2025 was 25.3%, a drop of over 3 percentage points from the previous year and the lowest percentage in six years.
- In September, the average home sold for 1.4% below its final list price, a larger discount compared to 0.9% the year before.
- Metropolitan areas in Florida and Texas, including West Palm Beach (-5.2%), Miami (-4.8%), Fort Lauderdale (-4.6%), and Houston (-3.7%), experienced the largest discounts.
- Areas that saw homes typically sell above the asking price included San Francisco (+4.2%), Newark, New Jersey (+3.1%), San Jose, California (+2.2%), and Oakland, California (+1.7%).
My thoughts
Unfortunately, Boston condos for sale didn’t make the list.
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Ford Realty Beacon Hill – Condo for Sale Office
Boston condos for sale – Ford Realty Inc
Updated: Boston Condos for Sale Blog 2025
Byline – John Ford Boston Beacon Hill Condo Broker 137 Charles St. Boston, MA 02114
National Home Prices
Home price appreciation increases 2.4% in August.
Home price appreciation posted soft gains in August, increasing just 2.4% from a year earlier. Photo courtesy of Homes.com
Home price appreciation posted soft gains in August, increasing just 2.4% from a year earlier, according to a preliminary report from Homes.com. The national median price reached $389,000 — up $9,000 from August 2024 but slightly below the June peak of $395,000.
So far in 2025, home prices have grown at about half the pace of 2024. From January through August, prices increased just 3.5%, compared to a 7% rise during the same period last year.
The housing market overall remains soft, with conditions continuing to shift toward a buyer’s market. Homebuying demand has been subdued, and inventory levels have returned to pre-pandemic norms as homes stay on the market longer. Elevated mortgage rates have been a key factor in dampening demand, although recent rate declines could help shift that trend. Mortgage rates dropped to 6.49 last week — the lowest daily rate since October 2024.
According to the report, regional trends continue to vary widely. Of the top 40 largest markets, price appreciation remained strongest in the Midwest, where some metros posted year-over-year gains of over 7%. Detroit, Milwaukee, Cleveland and St. Louis are in the top five markets by price growth.
In contrast, several markets in the South and parts of California experienced price declines. Overall, 15 of the top 40 markets saw price increases of less than 1% or actual declines in August. Prices also fell in states like Florida and Texas, while 11 states — mostly in the Midwest and Northeast — recorded annual price gains above 5%.
While final figures for August may adjust slightly as more sales are recorded, the preliminary data provides an early snapshot of ongoing trends in home price growth nationwide.
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Where is Ford Realty Located?
Ford Realty is located in 137 Charles Street in Beacon Hill
Ford Realty Beacon Hill – Condo for Sale Office
Boston condos for sale – Ford Realty Inc
Updated: Boston Condos for Sale Blog 2025
Byline – John Ford Boston Beacon Hill Condo Broker 137 Charles St. Boston, MA 02114
Beacon Hill condos for Sale Fall market
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South Boston condos for sale
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National Home Prices
Could Boston condo for sale prices turn negative this year?
I wouldn’t count on Boston condo prices to turn negative. However, Home price appreciation across the country is barely positive compared to last year at this time. Depending on how you measure it, home prices are about 2% higher on average across the country than last year at this time. Late last year, prices were about 4% to 5% above last year. Now, we’re looking at 2%. The question worth asking now, is what happens the rest of this spring. Do home price turn negative? If mortgage rates stay elevated, demand will stay weak, and supply is slowly growing. In that case, further price pressure is a conceivable scenario.
Newly pending sales came in this week at the same level as a year ago. Sales have been running below last year. That’s a tiny bit of encouraging news as most of the housing market data nationally continues to signal that homebuyers are sitting on the sidelines.
The internet this week is overflowing with people who have a single screenshot from Zillow and declared that, with all the government cuts, suddenly the Washington, D.C. housing market is crashing. Spoiler alert: The D.C. housing market is not crashing. Inventory is still very tight in the D.C. Metro. New listings are barely above the pandemic lows.
National Home Prices
Compass Real Estate created an interesting graph on home prices throughout the country.
Updated: Boston Real Estate Blog 2025
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Ford Realty Beacon Hill – Condo for Sale Office
