August 2025 Dorchester Real Estate Market Update: What Buyers and Sellers Need to Know

The Dorchester housing market continues to hold strong heading into the fall, with key indicators suggesting that sellers still have the upper hand. Whether you're thinking of buying or selling a home in Dorchester, MA, here’s what the latest market trends mean for you.

📊 Quick Market Snapshot – August 2025

• Median Sold Price: $602,500 (↑ 1.3% MoM)

• Median Days on Market: 15 days (↑ 37.5% MoM)

• Sold-to-List Price Ratio: 99.4%

• Months of Inventory: 2.67 months

• Market Type: Still a Seller’s Market

According to the agents at Zander Realty Group, Dorchester continues to offer solid returns for sellers, while buyers need to act quickly and strategically to land a good deal.

🏠 Dorchester Home Prices: A Steady Climb

Dorchester’s median sold price has ticked up slightly from July, now sitting at $602,500. Over the past 12 months, the median estimated property value in the neighborhood has risen to $628,350, showing a modest but positive 1.3% increase year-over-year.

While prices remain competitive, they're not skyrocketing—giving both buyers and sellers a relatively stable environment to work with.

⏱️ Homes Are Selling Fast, But Inventory Is Tight

• Median Days on Market: Just 15 days—homes are flying off the market faster than last month.

• Inventory: Only 2.67 months of supply, indicating continued low inventory and high demand.

• New Listings: Down slightly from last month with just 18 new properties hitting the market.

• Pending Sales: Also strong, with 20 properties under contract in August.

Sellers are benefiting from quick sales and high list-to-sale ratios, often receiving nearly full asking price. Buyers, on the other hand, should be prepared to move quickly and come in with strong offers.

💰 Price Per Square Foot Continues to Rise

The median price per square foot in Dorchester is now $517, a 3.2% increase month-over-month. This is reflective of the area's strong demand and tight inventory, especially for well-located condos and townhomes.

If you’re selling, this is a great time to take advantage of the market's upward trend. If you're buying, it’s critical to understand how square footage translates into value in each part of Dorchester.

📍 What This Means for Dorchester Homebuyers

Buying a home in Dorchester right now means facing a competitive landscape. Here’s what we recommend:

• Be pre-approved before you start shopping.

• Act quickly—homes are spending just over 2 weeks on the market.

• Work with a local expert who knows the neighborhood and can help you navigate bidding wars.

🏡 Thinking About Selling in Dorchester?

You’re in a prime position. With homes selling fast, near asking price, and prices remaining strong, now may be the perfect time to list your home. Especially if your property is updated and move-in ready, buyers are looking—and they're ready to act.

🔍 Final Takeaway from Zander Realty Group

The Dorchester real estate market remains active and competitive as of August 2025. With a balanced price trajectory, limited inventory, and fast-moving listings, both buyers and sellers need to stay informed and strategic.

📍Whether you’re exploring condos near Ashmont Station or selling a triple-decker in Savin Hill, working with a local Dorchester expert from Zander Realty Group can give you the edge you need.

For more real estate insights like this, follow us on Instagram and Facebook @ZanderRealty, check out more blogs at ZanderRealtyGroup.com, or give us a call at 617-405-3054.