North End Condo Market: 2024 Recap & 2025 Outlook
The North End condo market in 2024 experienced significant shifts influenced by inflation, rising interest rates, and evolving buyer demand. While some months saw steady sales, others were marked by longer days on the market and fluctuating median sale prices. As we move into 2025, understanding the trends of the past year can help buyers, sellers, and investors make informed decisions.
2024 North End Market Performance
Median Sales Prices & Market Activity
- Highest Median Price: $1,030,833 (January 2024)
- Lowest Median Price: $530,000 (August 2024)
- Prices fluctuated throughout the year, reflecting changing demand and economic uncertainty.
- Homes spent an average of 39-87 days on the market, with some properties lingering longer due to pricing adjustments.
- Few properties sold above asking, reinforcing the importance of competitive pricing.
Quarterly Breakdown
- Q1 2024 (Jan-Mar): Sales were moderate, with a high of nine condos closed in February but a steep price drop in March ($685,143 median price).
- Q2 2024 (Apr-Jun): Prices dipped, with the median sale price falling to $578,083 in April, but slightly rebounding in June.
- Q3 2024 (Jul-Sept): The market strengthened, with July posting a $945,700 median price. However, August saw a major dip to $530,000.
- Q4 2024 (Oct-Dec): The market cooled again, with the median price ending at $727,286 in December.
Interest Rates & Inflation Impact
- Higher mortgage rates reduced affordability, forcing some buyers to wait or negotiate lower prices.
- Luxury properties took longer to sell, as financing high-ticket homes became more expensive.
- Sellers had to adjust expectations, with many reducing asking prices or offering concessions.
2025 North End Real Estate Predictions
For Buyers 
Best Time to Buy: January – March 2025 could offer the best deals, as sellers aim to close deals before the spring market heats up. More Inventory Expected: If interest rates stabilize or decline, more condos may hit the market, increasing options for buyers. Be Mortgage-Ready: If rates fall, buyer competition could increase. Locking in financing early can provide an advantage.
For Sellers 
Strongest Selling Window: April – July 2025 will likely be the best time to list, as demand typically peaks during spring and early summer. Competitive Pricing is Key: Buyers remain cautious, so setting a fair and attractive price will speed up the sales process. Updated Homes Sell Faster: Move-in-ready condos with modern updates and staging will attract serious buyers willing to meet asking prices.
Will a New Administration Affect the Market?
With a new presidential administration taking office in 2025, economic policies could impact interest rates, tax incentives, and housing regulations. If inflation remains a priority, rates may stay elevated longer, slowing the market. However, if the government implements measures to boost home affordability, we could see increased buyer activity.
Final Thoughts
The North End condo market in 2024 reflected broader economic challenges, but 2025 presents opportunities for both buyers and sellers. Timing the market strategically—whether buying before competition rises or selling during peak demand—will be key.
Thinking about buying or selling in 2025? Let’s discuss your options! Contact me for a personalized market analysis. Please also check out my Rental Analysis which can help anyone on the fence about renting or buying and could be beneficial to anyone looking to buy an investment property.
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