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Market Update · December 2025

Housing Market Analysis: Why Essex County & Newburyport Are Outperforming National Trends

A data-driven comparison of the RE/MAX National Housing Report with local MLS statistics.

Key Finding

While the national housing market shows signs of cooling with declining sales and below-asking prices, Essex County and Newburyport demonstrate remarkable resilience — with positive sales growth, above-asking prices, and tightening inventory.

The Numbers

The Numbers at a Glance

-5.1%

National Sales, YoY

+3.0%

Essex County — 4,213 homes sold

+5.4%

Newburyport — 137 homes sold

Inventory

Inventory: A Tale of Two Markets

MarketInventory ChangeMonths Supply
National (51 metros)+14.5%
Essex County+15.2% (357 units)0.99 months
Newburyport-26.3% (14 units)1.22 months

Critical insight: while Essex County's inventory growth mirrors the national trend, Newburyport is moving in the opposite direction — with active listings down 26% to just 14 homes on the market. Both local markets remain firmly in seller's market territory with under 1.25 months of supply.

Pricing

Home Prices & Appreciation

MarketAverage / Median PriceYoY Change
National (median)$338,105+1.3%
Essex County (avg)$899,168+2.77%
Newburyport (avg)$1,327,602+8.94%

+8.94%

Newburyport Price Growth — nearly 7x the national rate

$1.33M

Newburyport Avg Price — 3.9x national median

$899K

Essex County Avg — 2.7x national median

Negotiating Power

The Sale-to-List Ratio Gap

NationalDeep discounts below asking
62%
Essex CountySelling above asking price
102%
NewburyportSelling near asking price
99.6%

Nationally, the average home sells for just 62% of its list price — down 5.8 percentage points from last year. Buyers have significant negotiating leverage. In Essex County, homes routinely sell above asking price at 102%. Bidding wars remain common, and sellers maintain pricing power despite broader market headwinds.

Speed of Sale

Days on Market

MarketDays on MarketChange from 2024
National37 days+5 days
Essex County34 days+2 days
Newburyport44 days+5 days

Essex County homes sell 3 days faster than the national average. All markets are seeing slightly longer times on market compared to 2024 — a modest seasonal adjustment rather than a structural shift.

Takeaways

Key Takeaways

1. Local Market Outperformance

Essex County and Newburyport are bucking national trends with positive sales growth while the broader market contracts. Strong local fundamentals — job growth, limited housing stock, and desirable coastal location — continue driving demand.

2. Supply Remains Extremely Tight

Despite inventory growth in Essex County, months supply remains under 1 month. Newburyport inventory is actually shrinking, with just 14 active listings.

3. Premium Pricing Power Continues

Homes selling at or above asking locally (102%) vs. deep discounts nationally (62%). Coastal Massachusetts markets maintain significant seller leverage.

Summary

The Bottom Line

The greater Newburyport and Essex County market operates under fundamentally different dynamics than the national average — with stronger demand, tighter supply, and superior pricing power.

🏠

For Buyers

Competition remains fierce and strategic offers are essential. Be prepared to move quickly and consider escalation clauses in competitive situations.

💰

For Sellers

The data supports confident pricing, particularly in supply-constrained areas like Newburyport where inventory continues to tighten.

Questions about your local market? Every neighborhood is different — let's discuss what these trends mean for your specific situation.

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Data Sources: RE/MAX National Housing Report (November 2025), MLS Property Information Network — Essex County and Newburyport Area Market Reviews (December 18, 2025). National figures represent averages across 51 metropolitan areas. Local figures represent single-family home transactions.

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