06/15/2026
Local Real Estate news
I’d describe the Boston MetroWest market as still seller-favored, but far more balanced than the frenzy of 2021–2024.
Here are the biggest trends I’m seeing from current Massachusetts and Greater Boston data:
Inventory is improving
More homeowners are finally listing their homes, giving buyers more choices than they’ve had in years. Massachusetts saw notable increases in new listings this spring, which is helping ease the inventory crunch.
Prices are still rising
Prices haven’t crashed—in fact, they’re continuing to creep upward. Statewide median prices remain higher than last year, and Greater Boston single-family homes are still hovering around or above the $1 million median mark in many areas.
Buyers have a little more leverage
Homes are generally taking longer to sell than they did during the bidding-war years, and buyers are becoming more selective. Well-priced, updated homes still move quickly, but overpriced properties are sitting longer and seeing price reductions.
Interest rates remain the biggest challenge
Mortgage rates in the 6%+ range continue to affect affordability. Many homeowners are reluctant to give up their existing low-rate mortgages, which keeps inventory lower than it would otherwise be.
What this means in MetroWest towns
In towns such as Northborough, Westborough, Southborough, Shrewsbury, Grafton, Hopkinton, and Framingham:
* Updated homes in desirable neighborhoods are still attracting multiple offers.
* Homes needing significant work are taking longer to sell and buyers are negotiating harder.
* First-time buyers remain challenged by affordability.
* Move-up buyers are becoming more active because they have more inventory to choose from than a year ago.
For your market specifically in Northborough and the surrounding MetroWest towns, I’d call it a 7 out of 10 seller’s market right now—not the 10 out of 10 market we saw a few years ago, but certainly not a buyer’s market either.
If you're thinking of buying or selling your home (or an investment property) and would like a market analysis - call or text me at (774) 258-0862
