95. The Luxury Divide: How March Revealed Two Duxbury Markets

March's Duxbury market data tells the story of normalization after February's anomaly—and what we're seeing is a return to fundamentals that should guide your spring strategy.  Let's talk about what actually happened.  The median sold price was $1,246,000 in March—down 32% from February's inflated $1.8 million.  But here's the context that matters: February had only three closings, all skewed toward luxury.  

March gave us 14 closings with $21.2 million in total volume, representing a real cross-section of the Duxbury market.  This is the number you should trust.  The most exciting metric?  We saw buyers paying over asking price.  The sold-to-list ratio hit 100.4%, meaning properties averaged 0.4% above asking.  We had seven sales in the $1-1.5 million range that averaged 107% of list price.  That's not a typo—buyers are competing and willing to pay premiums for properly priced, well-presented homes.  

One property on West Street closed at $805,000—that's 10% over the $730,000 asking price after just 10 days on market.  Speed continues to define this market.  The median days on market was 13 days, with an average days-to-offer of just 31 days across all sales.  We had multiple properties go under contract in single-digit timeframes.  The $800-900K tier saw properties sell in an average of 10 days at 102% of asking.  This tells me the entry-level luxury market is incredibly hot.  Inventory remains the story.  We ended March with 1.76 months of supply—still firmly in seller's market territory.  Active listings sat at just nine properties ranging from $869,900 to $4.5 million.  The median active list price was $1.3 million. 

If you're a buyer looking under $850,000, you're competing for scraps.  If you're a seller in that range, you have zero competition.  Pending activity shows 14 properties under agreement worth $24 million—that's actually higher than our closed volume.  The median pending price of $1.3 million suggests April's closings will return us to similar pricing as March.  What's interesting is the range: from $799,000 to a stunning $5.7 million waterfront estate that took 221 days to find its buyer.  

The higher-end market tells a different story.  We had three sales in the $2-2.5 million range that averaged just 88% of list price with an average of 101 days on market.  That $3 million sale on Harrison Street?  It took 196 days and closed at 90% of the original $3.7 million asking price after a $500,000 price reduction.  The luxury market requires patience and realistic pricing.  We had one expired listing in March—a property that sat for 182 days at $1.2 million before expiring.  In a market this hot, if you're not selling, the property is telling you something about price or condition.  Compared to March 2025 when we had six closings with a median of $1.7 million, we're seeing higher transaction volume with more accessible price points.  This is healthy market activity.  What does this mean for spring?  Sellers: if you're under $1.5 million and your home is move-in ready, you're going to sell fast and likely over asking.  Price it right and prepare for multiple offers.  

Buyers: you need pre-approval, flexibility, and speed.  The properties that sit are overpriced or have issues.  Everything else moves in days, not weeks.  The spring market is here, inventory is tight, and decisiveness wins.#SouthShoreMAHomes #BostonSouthShoreRealEstate #SouthShoreRealtor #jimaldred #kwsignaturepropertiesma #sellingsouthietosagamore #southshorerealestate #pinkdoorproperties #pinkdoorpodcast #02332 #duxburyrealestate #duxburyfebruarymarketupdate #RealEstatePodcast #MarketInsights

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
 http://creativecommons.org/licenses/by/4.0/

 PODCAST OUTRO

LURKING SLOTH

By: Alexander Nakarada