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Sales Market Report | Boston | July 31, 2023 vs. July 31, 2024

The Single Family market continues to increase in demand, with days to offer continuing to decrease but slowing down its descent. Condos are and will continue to be a slower sales market, as the post-pandemic work structure decreases demand for closer proximity to Boston.

Single Family Home

(sourced from MLS)

Listing Units: 102 vs. 130
Median Days on Market:  48 vs. 46
Median List Price: $1,049,500.00 vs. $1,164,500.00
Median List $ / SqFt:  $518.23 vs. $553.65

Closed Units (Sold): 469 vs. 440
Median Days on Market: 21 vs. 21
Median Days to Offer: 8 vs. 8
Median Sale Price: $800,000.00 vs. $840,500.00
Median Sale $ / SqFt: $478.66 vs. $498.40

Multi Family Home

Listing Units: 139 vs. 124
Median Days on Market: 38 vs. 51
Median List Price: $1,399,000.00 vs. $1,737,500.00
Median List $ / SqFt: $425.71 vs. $473.66

Closed Units (Sold): 315 vs. 324
Median Days on Market: 27 vs. 22
Median Days to Offer: 14 vs. 11
Median Sale Price: $1,000,000.00 vs. $1,150,000.00
Median Sale $ / SqFt: $347.13 vs. $378.72

Condo

Listing Units: 884 vs. 1009
Median Days on Market: 60 vs. 57
Median List Price: $1,095,000.00 vs. $949,000.00
Median List $ / SqFt: $1,000.47 vs. $961.48

Closed Units (Sold): 2280 vs. 2079
Median Days on Market: 22 vs. 25
Median Days to Offer: 12 vs. 13
Median Sale Price: $750,000.00 vs. $760,000.00
Median Sale $ / SqFt: $795.58 vs. $801.64

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