Boston Real Estate Market Reports
Boston Home Prices and Trends Boston Area Real Estate Market Report
Downtown Wide Report Below- Market Reports Main
- Back Bay
- Beacon Hill
- South End
- Seaport District
- Waterfront
- Midtown/Downtown
- South Boston
- Jamaica Plain
- Charlestown
- Leather Dist.
- Dorchester
- Roxbury
- East Boston
- Fenway
- North End
- West End
- Brighton
- Arlington
- Brookline
- Cambridge
- Lexington
- Milton
- Newton
- Somerville
- Quincy
- Watertown
- Wellesley
- Weston
BOSTON REAL ESTATE MARKET ACTIVITY: CORE DOWNTOWN NEIGHBORHOODS
*Core downtown neighborhoods as defined for the purpose of this section: Back Bay, Beacon Hill, South End, Midtown/Downtown, Seaport, Waterfront, Leather District, Charlestown, South Boston, Fenway, Roxbury, JP, Dorchester, West End, Bay Village, Chinatown.
May 2025 vs 2026: Condos and Single Family Homes (Source: MLS-PIN and LINK)
Condos and Single-Family Homes
Going Under Agreement (Pending) 8/1 to 8/31
vs. Supply on 8/31
Sales activity in the downtown Boston real estate market is up 11.02% from last year during this period.
Listings are up 12.17% from last year on this date.
From MLS-PIN
Core Boston neighborhood condominiums going under agreement (MLS-PIN)
Median core Boston neighborhood condo and home prices (LINK)
In thousands
You can see periodic spikes in median sales price. These are due to closings at large luxury buildings.
Core Boston Neighborhood Condominium Absorption Rate
- The number of properties available vs. the number of condos going under agreement/pending in the last 30 days.
- Expressed in "months of supply." Determines whether there is upward or downward pressure on prices.
- A 4+- month supply considered a balanced market. Above that, there is downward pressure on prices, and below that there is upward pressure.
- While sales activity has lessened, there are also fewer condos on the market, driving prices up despite the 4+ months of supply.
| 8/31/2019 3.69 Months |
8/31/2020 6.09 Months |
8/31/2021 3.26 Months |
8/31/2022 4.49 Months |
| 8/31/2023 5.38 Months |
8/31/2024 4.56 Months |
8/31/2025 6.47 months |
8/31/2026 6.54 Months |
Year-to-Date Real Estate Market Review: Core Downtown Boston Neighborhoods
Days on Market Year-to-date (Condos, single family, all price ranges):
Thru 9/9/2025
43 Days
Thru 9/9/2026
45 Days
Median sales prices (Condos, single family, all price ranges):
Thru 9/9/2025
$1,010,000
Thru 9/9/2026
$1,125,000
Change
+ 11.39 %
Number of closed home sales (Condos, single family, all price ranges):
Thru 9/9/2025
1803
Thru 9/9/2026
1785
Change
- 1.00%
$ per square foot (Condos, single family homes all price ranges):
Thru 9/9/2025
$1,097/SF
Thru 9/9/2026
$1,116/SF
Change
+ 1.73%
Luxury Real Estate, Year-to-Date: Core Downtown Boston Neighborhoods
Number of closed sales (Condominiums, single family homes) $2m+ :
Thru 9/9/2025
338
Thru 9/9/2026
391
Change
+ 15.68%
Number of closed sales (Condominiums, single family homes) $4m+ :
Thru 9/9/2025
88
Thru 9/9/2026
108
Change
+ 22.73%
See above commentary. More luxury property market details.
Greater Boston Unemployment Rate:
As of September 10, 2026, the latest month for which final figures are available for Boston is July 31, 2026
July 2025
4.80%
July 2026
4.70%
Change
- .10%
Interest Rate (APR) as of June 2, 2026:
30 yr. fixed conventional
6.875% APR (0 points, $0 in upfront costs);
Based upon a $550k purchase
30 YR. fixed jumbo
6.625% APR (0 points, $0 in upfront costs);
Based on a $1m purchase
5/1 yr jumbo or conventional ARM
No data available on APR, points, or upfront costs
All based on a 780+ credit score, with 20% down.
For condos & single family homes sold annually, metro Boston:
* Boston, Newton, Brookline, Cambridge, Somerville, Arlington, Watertown
May 2025 vs 2026: Condos and Single Family Homes (Source: MLS-PIN)
Metro Boston: Properties Sold (per year)
Source: MLS-PIN
Metro Boston: Median Selling Price (per year)
Source: MLS-PIN
Metro Boston: Days to Accepted Offer (per year)
Source: MLS-PIN
