89. Your February Wake-Up Call: Duxbury's Market Just Changed

This is Jim Aldred with Pink Door Properties, and February's Duxbury market data just dropped—and folks, we need to talk about what's happening here because this is a market in dramatic transition.  Let's start with the headline number that's going to shock you: the median sold price jumped to $1,821,500 in February. 

That's a staggering 49% increase from January's $1,221,150.  Now, before you think Duxbury just became unaffordable overnight, let me explain what's really going on beneath these numbers—because understanding the why matters more than the what.  February saw only three closings, but they tell an important story.  We had sales at $1,195,000, $2,448,000, and $3,000,000.  That luxury sale at the top end pulled the median way up, showing us that high-end buyers are still very active in Duxbury.  But here's what's critical: inventory is tightening dramatically.  

We ended February with just 1.56 months of supply—down 27% from January.  This is a significant shift toward seller's market conditions.  The speed metric is even more telling.  Properties are now selling in a median of just 10 days—that's 44% faster than January's already-quick 18 days.  We're talking single-digit days to offer in many cases.  One property went under contract in just five days.  This acceleration tells me buyer urgency is intensifying as quality inventory becomes scarce.  Now let's talk about what didn't sell.  We had only one expired listing in February—a $775,000 property that lasted just seven days before expiring.  That's unusual and suggests it may have had condition or pricing issues.  

In this market, properly priced homes are absolutely moving.  The pending activity shows 14 properties under agreement with a total volume of nearly $19.5 million.  The median pending price is $1,084,500, which gives us a more realistic picture of the active market than February's limited closings.  What's fascinating is the range: we have pendings from $560,000 all the way up to $4.9 million.  Duxbury continues to serve buyers across the entire spectrum.  Active inventory tells the real story of opportunity—or lack thereof.  We ended February with only three active listings, all in the $2.5-2.9 million range.  If you're a buyer looking under $2 million, there was literally nothing available at month's end.  This creates pent-up demand that will explode when spring inventory arrives. 

The list-to-sold ratio of 98.4% confirms sellers are holding firm on pricing.  This isn't a market where lowball offers get accepted.  Properties are closing within 2% of asking price on average, with that $3 million sale actually closing $200,000 under ask—showing that even luxury buyers can negotiate when properties sit longer.  Compared to February 2025, we're seeing a completely different market.  Last year we had three sales with a median of $760,000.  This year's $1.8 million median—even with the luxury skew—shows real appreciation in what's selling and at what price points.  What does this mean for you?  

If you're selling in Duxbury, this is your moment.  Low inventory, fast sales, and strong prices create optimal conditions.  If you're buying, you need to be pre-approved, ready to move, and prepared to compete.  The spring market is going to be intense, and the buyers who win will be the ones who act decisively when the right property hit

Jim Aldred is a Realtor serving Boston's South Shore and can be contacted via his Links below.
https://linktr.ee/SellingSouthieToSagamore
www.KWMASS.com 

Email me at JimAldredRealtor@yahoo.com

cell: 339-987-0382

PODCAST INTRO 

"Werq" Kevin MacLeod (incompetech.com)
 Licensed under Creative Commons: By Attribution 4.0 License
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 PODCAST OUTRO

LURKING SLOTH

By: Alexander Nakarada