As we move through the heart of the Fall market, the North Shore real estate scene is showing signs of life again — but it’s not a “flick the switch” recovery. Activity is returning, though at a measured pace, which is more in line with a healthy, sustainable adjustment than a sudden surge.Over the past year, prices across nearly all categories of residential real estate have eased back a few percentage points. It’s not a crash — far from it — but it does reflect the imbalance we’ve seen for much of 2024: more listings available and fewer sales to absorb them. That gap is slowly closing as interest rates come down and confidence gradually returns.
For Buyers: Opportunity in the Waiting
For those considering a purchase, this quieter period could work to your advantage. Prices are a little softer, interest rates are trending lower, and competition has thinned out as many buyers hit pause until after the holidays.
Another ¼-point rate cut is expected by the end of October, which could help set the stage for a more robust start to 2026. But in real estate, the ones who move before the headlines catch up often find the best opportunities — especially in transitional markets like this one.
Seasonal Shifts and What’s Ahead
We’re also starting to see inventory taper off, (although still much higher than at this time last year) which is perfectly normal as we head toward the holidays. Many sellers prefer to wait until the new year to list, so supply will likely tighten before it expands again.
For buyers, that means a window of time remains to secure a property while there’s still some selection and negotiating room. For sellers, well-priced homes in desirable areas continue to draw interest — particularly from buyers who want to get settled before the next upswing.
Final Thoughts
Markets rarely recover in straight lines, and this one is no exception. What we’re seeing now is the kind of slow, steady improvement that builds a solid foundation for the year ahead.
If you’d like to discuss what these shifts mean for your plans — whether buying, selling, or simply staying informed — I’m always happy to chat.
