Jayne Kramer | Q3 Market Trends

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Greater Boston Market Trends

Q3 - Summer 2025

Setting the bar for sophisticated real estate services

At Engel & Völkers Boston, we embrace our city’s simple ethos work hard, play hard, treat clients like family. Our advisors work each transaction with the same care and diligence as if they were purchasing or selling themselves. We’re not just the most successful in the area, we reflect the Engel & Völkers’ culture of teamwork, passion, and expertise. With state-ofthe-art real estate tools and technology, global luxury brand recognition and unrivaled market and marketing dexterity, we deliver concierge class service during your purchase or sale process and beyond. Call on us for your next transaction. Our bold strategies and individual counsel are crafted to impart the information you’ll need to make informed decisions in an increasingly complex real estate marketplace

Recently Sold by E&V

Introduction

Spring Property

Back Bay

Beacon Hill

Brookline

Cambridge

Charlestown

Medford

Jamaica Plain

Midtown

Newton

North End

Seaport District

Somerville

South End

South Boston

Waterfront

West End

Marketing

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Shop Details

Jayne Kramer Bio

Spring Property Spotlight

29 Water Street | Natick 5 Bedroom | 2.5 Bathroom | 3,422 Sq Ft

15 Verjuniel Ave | Northborough 4 Bedroom | 5 Bathroom | 5,160 Sq Ft

New construction!! Amazing craftsmanship shows throughout this one of a kind home. Perfect location, close to all major highways for easy commuting access. Walking distance to a quaint downtown area, schools and parks Seize the opportunity to own a stunning brand-new construction home on nearly 1 acre of private land, boasting modern design, cutting-edge features and energy-efficient systems! 4 spacious bedrooms, 5 full bathrooms, play room, office, breakfast room, laundry room, fully finished walkout basement and an attached three car garage Brand-new septic system Beautiful deck off of the open concept first floor living area overlooks a secluded back yard with plenty of room to put in a pool or expand the yard if desired This developer left no stone unturned

Set along the banks of the Charles River, this stunning home blends luxury, function, and an idyllic natural setting Behind its modest façade, the interior unfolds as a custom contemporary retreat. Sweeping river views and frequent wildlife sightings keep you connected to nature. The 2nd-floor primary suite is a sanctuary with vaulted ceilings, a private balcony, and spa-like bath w/radiant heat flr Four additional bedrooms and a versatile laundry/den provide comfort and flexibility. On the main level, a sophisticated dining room sets the stage for entertaining, while the chef’s kitchen with oversized island anchors the home The living room features custom built-ins, gas fireplace, and sliders to a tranquil patio

144 Johnson Woods Drive, U144 | Reading 3 Bedroom | 3.5 Bathroom | 3,843 Sq Ft

This home feels incredibly spacious with vaulted ceilings and oversized windows in the living room The dining room with coffered ceiling opens to a private deck overlooking serene wooded views. The main level features a wellappointed kitchen with custom cabinetry, granite counters, stainless steel appliances, and a casual dining area A half bath, laundry room, and direct garage access complete this floor. Upstairs, the primary suite includes two walk-in closets and a spa-like bath, while the second bedroom also has a walk-in closet and ensuite bath The finished lower level provides a second living room with walk-out patio, plus a third bedroom/office, full bath, workout space, and ample storage.

280 Beacon Street, U65 | Back Bay 2 Bedroom | 2 Bathroom | 1,286 Sq Ft

This stunning condo offers an open-concept kitchen, living & dining area with breathtaking views of the Charles River & Cambridge skyline Take the elevator to floor 6; enter the chef-inspired kitchen, ideal for entertaining w/a sprawling island, high-end appliances, ample cabinetry, &elegant granite countertops. Custom built-ins add both charm & generous storage throughout the main living space. Wake up to sweeping views in the front-facing primary bedroom, complete with two closets, a cozy reading nook, and a private en-suite bath The second bedroom is spacious &bright, also with an en-suite bath and sleek glass shower A beautifully maintained common rooftop deck offers a front-row seat to the river and city beyond.

Enjoy charming treetop and rooftop vistas from this fantastic 2-bedroom home on Worcester Square Park The inviting, open-concept living area features a fireplace, dining space, warm exposed brick, unique ceiling details, and hardwood floors throughout for added character. The sleek white kitchen includes a pass-through, stainless steel appliances, and a distinctive pantry with a built-in desk/workspace Both bedrooms are spacious, while the bathroom showcases designer fixtures and classic subway tile. Worcester Square is a tree-lined enclave centered around a neighborhood park, offering convenient access to the South End’s acclaimed dining, shopping, nightlife, and outdoor activities Commuting is effortless with bike lanes and paths, public transit, and highway connections to the city and Logan Airport.

285 Neponset Ave, U3 | Dorchester 3 Bedroom | 1 Bathroom | 1,132 Sq Ft

Stunning and desirable, this penthouse is nestled in Dorchester’s sought-after Neponset neighborhood Recently updated, the 3-bedroom, 1-bath home offers central air and heat, in-unit laundry, gas cooking, and a dedicated parking space. Three generously sized bedrooms with excellent storage soaked in natural light. The kitchen is an entertainer’s dream, showcasing a large island, dishwasher, garbage disposal, and sleek Viking range with gas cooking A private back deck, roof rights, extra basement storage, and in-unit laundry complete this must-see condo

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Back Bay Neighborhood Market Trends

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The Back Bay condo market remained strong in Q3 2025 with 81 units sold and properties spending an average of 57 days on market. The average sale price rose to $2,015,772, with homes selling at 97% of list price, showing continued buyer confidence. At an average of $1,458 per square foot, the market remains one of Boston’s most stable and sought-after Stop by our Back Bay office anytime to say hello!

Back Bay Featured Listings

375 Marlborough Street, U1 | UAG

Gracious contemporary living with leafy streetscape views through oversized bay windows, lofty ceilings and direct entry parking all on a treasured Back Bay street Front to back fireplaced living and dining spaces with crown moldings, thoughtful built-ins and hardwood floors throughout Wonderful Chef's kitchen with lots of storage, mahogany topped counters and island, Viking 6burner stove and premium stainless appliances. Lower level features primary suite with 4-piece bath and 3 custom closets, an expansive 2nd bedroom plus 3rd bedroom/bonus and thoughtful built-outs for laundry and mudroom with desk+ storage. Rear walk-out to assigned tandem parking Marlborough St is a favorite tree-lined stroll in the heart of the dining/shopping experience of Newbury St. + Copley Sq. and outdoor pursuits of the Commonwealth Mall, Boston Common, Public Garden & Charles River Esplanade

308 Commonwealth Ave, UG | $2,800,000

Step into this spacious floor-through condo in the heart of Back Bay All your living needs are met on a single level of 1940SF. You will find convenience & style in equal measure. Featuring 3 bdrms.& 3 exposures! This home includes 2 sizable rooms fit for king beds & an additionall smaller bdrm, use as 2nd study or open to L/R w French doors. Add in the dedicated study w custom built closets & you've got an ideal environment for both work & relaxation The huge D/R can be used as a Family room off the Kitchen, great for kids!! The layout is as generous as it is practical. 2 marble full spa-like bths, 1w/jetted tub offers a sanctuary The master suite w an ensuite bath has custom-designed closets, elevate everyday living to luxury. This 4th-floor sunny, corner unit is perfectly located in an esteemed elev bldng, ensuring accessibility w charm

Beacon Hill Neighborhood Market Trends

Beacon Hill Neighborhood Statistics

Listings Sold Days on Market

Beacon Hill’s historic charm and architectural beauty continue to make it one of Boston’s most coveted neighborhoods In Q3, 27 listings sold (up from 25 last year), while the average days on market dropped to 37 from 62 a clear sign that well-positioned homes are moving more quickly. The average sale price adjusted to $1,592,963, down slightly from 2024, yet sellers saw a stronger 98% sale-to-list ratio Even with this price adjustment, property values remain robust: the average price per square foot reached $1,294, climbing steadily year over year from $1,194 in 2022

Brookline Neighborhood Market Trends

Listings Sold Days on Market

$1,154,130

Brookline’s condo market continues to show strength and stability In Q3, 123 listings sold a jump from 93 last year highlighting steady demand Homes averaged 47 days on market, a slight increase, but sellers still benefited from a strong 99% sale-to-list ratio. The average sale price rose to $1.15M, with price per square foot holding at $819, just shy of last year ’ s peak. With its top schools, green space, and city convenience, Brookline remains one of the area ’ s most desirable markets

Escape to quiet luxury in this corner residence at Walnut Crossing, Brookline's premier new elevator building. Facing tree-lined Walnut Street with southwest exposure, this 2-bed, 2-bath unit glows with natural light through expansive Italian windows, showcasing an open-concept living space. Savor modern finishes, custom cabinetry, and top-tier appliances. Rare in Brookline, enjoy two direct-access garage parking spaces, a dedicated storage unit, a fitness room, and a breathtaking common roof terrace with panoramic views, grills and a fire pit. Just steps from Longwood Medical Area, Brookline Village’s vibrant shops and dining, and the Green Line T, this gem is not to be missed Brookline

69 Walnut Street, U6 | $1,339,999

Cambridge Neighborhood Market Trends

Neighborhood Statistics

The Cambridge condo market remained steady in Q3 2025, with 119 units sold and homes spending an average of 41 days on market. The average sale price rose to $1,186,368, while properties sold at 100% of list price, reflecting balanced market conditions. The average price per square foot held at $945, a modest shift from last year ’ s $966, signaling stable demand in one of Greater Boston’s most dynamic markets Cambridge continues to attract both buyers and investors seeking long-term value and strong community appeal

$1,085,777 $1,186,368

34 Ash Street, U204 | $828,000

Experience captivating Charles River views from this 2nd-floor corner unit in a classic Harlow building in the heart of Harvard Square. Once home to Pulitzer Prize-winning author Anthony Lewis, this wellproportioned one-bedroom features a living room with built-in bookshelves and a designated desk area an inspiring space for both relaxation and work The renovated eat-in kitchen offers granite countertops, stainless steel appliances, and ample cabinetry The updated modern bath includes a shower-tub combination The generously sized bedroom features a custom closet Ideally located next to Charles River parks and just moments from the Harvard Kennedy School, Harvard Business School, the Charles Hotel, Mount Auburn Hospital, and the vibrant cultural, culinary, and recreational scenes of Harvard University

Charlestown Neighborhood Market Trends

The Charlestown condo market remained steady in Q3 2025 with 54 units sold and homes averaging 40 days on market The average sale price was $1,014,991, with properties selling at 101% of list price, reflecting continued buyer competition and strong demand. The average price per square foot rose slightly to $865, up from $864 last year, showcasing the neighborhood’s enduring appeal and consistent value among Boston’s most historic and sought-after communities

Charlestown Property Feature 106 13th Street, U204 | $640,000

Live at the Historic Charlestown Navy Yard! This unit is housed in the Basilica building and offers a sleek, stylish backdrop warmed by exposed brick and hardwood flooring. Nicely sized living and dining area perfect for relaxing/entertaining sets the mood for a contemporary chef's kitchen with lots of storage and a full complement of stainless appliances with a convenient pass through for serving The primary bedroom has oversized windows, exposed brick and a great closet The second bedroom features a murphy bed to accommodate overnight guests and personal use The bath is outfitted with designer tile and fixtures and has an adjacent laundry closet The Basilica building offers common lounges with fireplaces, a heated garage, bicycle storage and an elevator for your convenience. The Navy Yard provides easy access to commuter options by water taxi, free MGH Shuttle, highways and public transit in and out of Downtown near all the dining and shopping Charlestown has to offer!

Medford Neighborhood Market Trends

Listings Sold Days on Market

The Medford condo market remained steady in Q3 2025, with 36 units sold and homes spending an average of 39 days on market. The average sale price rose to $696,419, while properties sold at 100% of list price, indicating continued buyer interest and balanced conditions The average price per square foot increased slightly to $526, up from $518 last year, showing steady appreciation and demand in this popular city just north of Boston. Medford continues to attract both first-time buyers and long-term residents seeking value, accessibility, and a strong sense of community.

Jamaica Plain Neighborhood Market Trends

Jamaica Plain Neighborhood Statistics

The Jamaica Plain condo market saw solid activity in Q3 2025, with 86 units sold and homes averaging 41 days on market. The average sale price climbed to $858,451, marking a notable increase from last year, while the sale-to-list ratio held at 99%, reflecting healthy demand. At an average of $640 per square foot, the neighborhood continues to offer strong value and consistent interest from buyers seeking a vibrant community and easy access to Boston’s green spaces and local amenities

Midtown Neighborhood Market Trends

The Midtown condo market saw increased activity in Q3 2025, with 31 units sold and homes spending an average of 78 days on market, an improvement from last year. The average sale price was $2,152,597, with properties selling at 97% of list price, showing consistent performance in Boston’s luxury downtown sector. The average price per square foot came in at $1,373, marking a slight dip from 2024 but still well above pre-pandemic levels. With its central location and high-end amenities, Midtown continues to attract buyers seeking luxury and convenience in the heart of the city.

Midtown Property Feature

One Franklin Street, U2412 | Recently Sold

Experience the pinnacle of luxury living in this breathtaking 24th-floor residence at Boston’s iconic Millennium Tower This sophisticated 3-bedroom, 2-bathroom condo boasts exquisite designer finishes, including a meticulously crafted Poggenpohl kitchen with Sub-Zero refrigeration, Thermador appliances, and sleek oak flooring Floor-to-ceiling windows frame panoramic south-facing views of Back Bay, the Boston Common, and the Charles River, flooding the open-concept living, dining, and kitchen area with natural light Whether you're entertaining or unwinding, this home offers an unparalleled setting of elegance and comfort. As a resident, enjoy world-class amenities, including a state-of-the-art fitness center, spa, 75-foot lap pool, and the exclusive Resident Club Lounge. This private retreat features a dining room and bar, screening room, billiard parlor, library, multi-sport simulator, outdoor terrace, and more offering an elite lifestyle beyond compare. 3rd bedroom is interior.

Newton Neighborhood Market Trends

Newton’s single-family home market remained solid in Q3 2025, with 146 listings sold and properties spending an average of 53 days on market. The average sale price rose to $2,169,222, reflecting continued strength in this desirable suburban market, while the sale-to-list ratio held at 99%, indicating steady buyer demand. The average price per square foot came in at $617, a slight dip from 2024 but still showcasing Newton’s enduring value and appeal. With its charming village centers, excellent schools, and proximity to Boston, Newton continues to attract buyers seeking luxury, community, and convenience.

320 Quinobequin Road | $1,499,000

Great house to start suburban life in the Wonderful Waban. Gracious columns and a 33x12 covered Porch welcome you to this lovely Cape/Colonial home with 3 floors of living space plus a great yard & grounds. A Livingroom w/ a fireplace opens to a screened porch An eat-in kitchen with separate breakfast area and pantry connecting a formal dinning room 3 bedrooms (incl a master suite) plus an office/nursery on the 2nd floor A 12x17 bedroom or Playroom plus finished storage space on the 3rd floor Close to the Angier School, Waban Square shops and MBTA

North End Neighborhood Market Trends

Listings Sold Days on Market

The North End’s charm historic streets, vibrant dining, and waterfront living continues to attract buyers. In Q3, 20 condos sold (up from 17 last year), though the average days on market rose to 51. Prices adjusted, with the average sale price at $666,400 versus $843,459 in 2024, and the sale-to-list ratio at 97%. While homes are taking longer to sell, the neighborhood’s timeless appeal keeps demand steady. Stop by our North End office on Hanover Street anytime we’d love to welcome you in!

Seaport District Neighborhood Market Trends

Seaport District Neighborhood Statistics

The Seaport District continued to demonstrate strength in Q3 2025, with 18 condos sold and homes spending an average of 78 days on market. The average sale price reached $2,778,597, and properties sold at 97% of list price, reflecting steady buyer interest in Boston’s luxury waterfront market The average price per square foot rose slightly to $1,764, up from $1,744 last year, signaling consistent demand for high-end residences With sleek high-rises, world-class dining, and harbor views, the Seaport remains one of Boston’s most desirable destinations for modern urban living

Seaport Condos Average Price Per Square Foot (Q3)

Somerville Neighborhood Market Trends

Listings Sold Days on Market

The Somerville condo market remained active in Q3 2025, with 102 listings sold and homes spending an average of 33 days on market, down from last year showing strong buyer activity. The average sale price came in at $917,106, with properties selling at 101% of list price, underscoring continued demand and competitive conditions. The average price per square foot rose slightly to $737, up from $729 in 2024, highlighting steady appreciation in one of Greater Boston’s most vibrant and connected neighborhoods.

84 Grant Street, U7 | $529,000

This move-in-ready end unit offers unbeatable value with off-street parking, updated finishes, and a thoughtful, flexible layout Inside, you’ll find luxury vinyl plank flooring, quartz countertops, new stainless steel appliances, recessed lighting, and a stylish tiled backsplash The open-concept kitchen flows seamlessly into the living and dining area ideal for entertaining or relaxing at home: two spacious bedrooms, air conditioning, a modern bath, and additional storage complete this pet-friendly home Low HOA fee includes heat, hot water, and more Set in a well-maintained building near the Green Line Extension, I-93, Route 28, and major bus routes Enjoy direct bike and pedestrian access to Davis Square and the Minuteman Bikeway via the Somerville Community Path. A perfect fit for investors or owner-occupants seeking an updated end unit with parking, excellent transit options, and the potential savings of Somerville’s residential tax exemption.

South End Neighborhood Market Trends

South End Neighborhood Statistics

With its tree-lined streets, iconic brownstones, and vibrant dining scene, Boston’s South End remains one of the city’s most desirable neighborhoods In Q3 2025, the condo market showed continued stability despite a slowdown in activity Listings sold declined from 104 to 80, while the average days on market improved to 37 showing that well-priced homes are still moving quickly The average sale price dipped to $1,237,026, yet the sale-to-list price ratio held steady at 99%, underscoring consistent buyer demand and balanced market conditions

South Boston Neighborhood Market Trends

Listings Sold Days on Market

With its coastal charm, booming development, and unbeatable city access, South Boston remains one of the city’s most dynamic and indemand neighborhoods In Q3 2025, condo activity increased with 123 listings sold, up from 113 last year, while days on market improved to 45, reflecting quicker sales despite a modest drop in average sale price to $917,079. The saleto-list price ratio held steady at 99%, showcasing consistent buyer demand and balanced pricing Even with slight price adjustments, South Boston continues to attract both homeowners and investors drawn to its mix of modern residences, lively local scene, and proximity to downtown.

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