LYNNFIELD — The number of single-family homes sold in town spiked during the month of June and the same was true for the median sale price.
According to The Warren Group, there were 16 single-family homes sold in Lynnfield in June that had a median sale price of $1,487,500. The median sale price represented a 35.4 percent increase over June 2024’s median sale price of $1,099,000.
There were eight single-family homes sold in town in May that had a median sale price of $1,020,000. There were eight single-family homes sold during the month of April that had a median sale price of $1 million.
Additionally, there were six single-family homes sold during the month of March that had a medium sale price of $920,500. There were five single-family homes sold in Lynnfield during the month of February that had a median sale price of $830,000. There were five single-family homes sold in Lynnfield during the month of January that had a median sale price of $962,500.
According to The Warren Group, the 48 single-family homes sold in Lynnfield during the first six months of the year had a median sale price of $995,000, which is a 1.2 percent decrease over the 40 homes sold during the first six months of 2024 that had a median sale price of $1,007,500.
The Massachusetts median single-family home price was $687,500 in June 2025, representing an increase of 3.1 percent over June 2024.
Single-family homes
In June, there were 4,706 single-family home sales in Massachusetts, a 5.5 percent increase from June 2024 when there were 4,459 transactions. Meanwhile, the median single-family home price increased 3.1 percent on a year-over-year basis to $687,500.
There were 19,065 condominium sales in the first six months of 2025, a 3 percent increase from 2024, in which there were 18,509. Meanwhile, the year-to-date median sale price increased 4.1 percent from 2024 to $620,000.
“Despite inventory increase in certain markets, median prices continue to rise, indicating no relief on prices,” said Cassidy Norton, associate publisher and media relations director at The Warren Group. “However, June historically has the highest number of sales of an individual month. It’s also usually the month where median sale prices peak. Moving into the latter half of the year, the overall median price will likely drop month-over-month, but not year-over-year.”
Condominiums
Similar to the first five months of the year, there were no condominium sales in town during the month of June.
Lynnfield’s condominium sales will be increasing when Toll Brothers, Inc. begins selling the 66 units that will be part of its new Willis Brook at Lynnfield over-55 development on the former eastern side of the Sagamore Spring Golf Club. The 2022 Fall Town Meeting approved two zoning changes associated with the Sagamore Spring Golf Club that are allowing Toll Brothers to construct an over-55 development that will also include a clubhouse and an outdoor pool.
There were 2,056 condominium sales in June 2025, compared to 1,938 in June 2024 – a 6.1 percent increase. Meanwhile, the median condo sale price dropped by 0.3 percent to $568,250 – a reduction of $1,750 versus the median sale price in June 2024.
There were 9,379 condominium sales in the first six months of 2025, a 4.7 percent increase from 2024, in which there were 8,955. Meanwhile, the year-to-date median sale price increased 0.9 percent from 2024 to $545,000.
“The median sale price for condos in June dropped versus 2024, but unfortunately, $1,750 is a statistically insignificant number,” said Norton. “Still, price growth in the condo market is more contained than that of the single-family market, which is good news for buyers with flexibility in their choices.”
Greater Boston real estate
There were 2,351 single-family home sales in the Greater Boston housing market in June 2025, which marked a 3.7 percent increase from June 2024, when there were 2,437 transactions. Meanwhile, the median single-family sale price increased 2.1 percent on a year-over-year basis to $850,000. Year-to-date, there were 9,284 single-family home sales in the Greater Boston housing market in 2025 – up 2.1 percent from 2024 – with a median sale price of $800,000 – up 4.7 percent from 2024.
In June, there were 1,439 condo sales in the Greater Boston housing market, up from 1,533 sales in June 2024, marking a 6.5 percent increase. Meanwhile, the median condo sale price dropped 3 percent to $640,000. Year-to-date, there were 6,573 condo sales in the Greater Boston housing market in 2025 – up 3.9 percent from 2024 – with a median sale price of $630,000 – up 0.6 percent from 2024.