
January Market Updates – Gloucester
Market Overview
While we may wish for the real estate market to burst into the new year, the reality is often more of a slow crawl. Here is a snapshot of how the market performed in January.
Single-Family Sales
Category | 2025 | 2024 |
New Listings | 8 | 5 |
Pending Sales | 12 | 5 |
Sold | 4 | 8 |
Inventory (1/31) | 8 | 11 |
Median List Price | $1,092,500 | $3,400,000 |
Median Pending Price | $677,000 | $999,000 |
Median Sold Price | $609,500 | $528,075 |
Condominium Sales
Category | 2025 | 2024 |
New Listings | 8 | 0 |
Pending Sales | 6 | 3 |
Sold | 5 | 7 |
Inventory (1/31) | 7 | 9 |
Median List Price | $547,000 | N/A |
Median Pending Price | $1,218,500 | $379,000 |
Median Sold Price | $665,000 | $569,000 |
Bits and Pieces
- 15 Linwood Place, Lanesville
- Listed and sold by Chris Viegaard of Churchill Properties.
- Originally listed at $899,000.
- Price reduced by $100,000 after 13 days.
- Final sale price: $715,000.
- Assessed value: $489,900.
- Annisquam Waterfront Properties Withdrawn from Market
- 4 Lane Road
- A picturesque home at the head of Lobster Cove, featuring a rolling lawn, gardens, architectural charm, a barn red guest house, and a boat barn.
- Listed by Scott Smith of CBRB
- Originally listed at $3,475,000; currently listed at $2,250,000.
- Assessed value: $2,267,500.
- Last sale: 11/13/1998 for $795,000.
- 672 Washington Street
- A direct riverfront property with a dock, offering stunning sunset views over Wingaersheek Beach.
- Listed By Joshua Mulvey of Mulvey Real Estate
- Formerly the Hodgkins Mill, now a spacious home with 5+ bedrooms, perfect for large gatherings.
- Priced at $2,280,000.
- Last sold on 11/17/2014 for $1,152,000.
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