Zillow Crashes After Boston Home Hits $10M Over Asking?!
A Back Bay Brownstone Just Shattered Records…
You read that right—Boston buyers were so intense, even Zillow couldn’t handle it. One historic Back Bay brownstone supposedly closed for $10 million over asking, fueled by 48 offers and an all-cash frenzy that broke the internet.
…OK, OK. April Fools! 😏
But here’s the truth: While the headline may be fiction, the intensity of Boston’s 2025 real estate market is very real.
Spring Market in Full Bloom: What Buyers & Sellers Need to Know
In March 2025, the Greater Boston market showed signs of shifting—but not slowing. Here’s what’s happening:
📈 Inventory is Up… Slightly
Downtown Boston saw an 11.75% increase in listings compared to March 2024, signaling a potential thaw in last year’s inventory freeze. However, sales activity dropped by 10.27%, suggesting more balance—and more opportunity for buyers.
💰 Prices Keep Climbing
The median sale price hit $858,000 in February, a 17.1% increase year-over-year. Sellers still hold the power, but early-spring buyers may benefit from less competition before the full season surge.
💸 Mortgage Rates: Holding Steady
As of mid-March, the average 30-year fixed rate sits at 6.65%. While high historically, rates appear to be stabilizing. If you’re waiting for rates to drop, don’t forget: so is everyone else.
🏗️ New Construction is Coming—but Not Fast Enough
Developers are building, but project timelines mean relief in inventory will take time. If you’re thinking of selling, demand is still outpacing supply.
Advice for Buyers: Don’t Wait for the Bidding Wars
With a slight increase in inventory and stable rates, now is your window. Beat the crowd before May and June bring more competition and likely price hikes.
Advice for Sellers: It’s Still Your Market
With prices up and motivated buyers ready to act, listing now means you get ahead of the spring wave—when inventory rises and buyers get more selective. Let’s talk strategy.
🌷 April Events to Enjoy in Boston
Make the most of this vibrant season:
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Boston Public Garden Blooms – Tulips, cherry blossoms & magnolias in full glory
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Easter Egg Hunts & Spring Festivals – South End, Brookline, Cambridge family fun
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Boston Marathon (April 21) – Cheer on runners in one of the city’s biggest events
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Art in Bloom at the MFA (April 26–28) – Gorgeous floral + fine art pairings
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Red Sox at Fenway – Baseball, Fenway Franks, and spring traditions
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Picnics on the Esplanade – River views, lunch, and sunshine
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Arnold Arboretum Spring Walks – Blooming trees and guided tours
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SoWa Market Returns (April 28) – Food trucks, art, vintage, live music
🔑 March Sales Snapshot – $7M Closed & Under Contract
Here's a peek at recent activity:
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118 Chandler St, Unit 4 – South End
Sold: $1,013,000 -
21 Follen St, Unit 1 – South End (Off-Market)
Under Contract: $1,700,000 -
19 Worcester Sq, Unit 1 – South End (Off-Market)
Under Contract: $925,000 -
3 Bobolink Rd – Wellesley, MA
Under Contract: $1,289,000 -
69 Preble St, Unit 3 – South Boston
Under Contract: $1,034,000 -
611 Watertown St, Unit 14 – Newton
Under Contract: $650,000 -
36 Pelican Rd – Quincy
Under Contract: $599,000 -
69 East Berkeley St, Unit 5 – South End
Under Contract: $569,000