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Greater Boston home sales up and down

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Greater Boston home sales up and down

Greater Boston Real Estate Sales

Pause and reflect:

Last month, home sales in greater Boston decreased 5.8% to 1,145. The median price of a single-family home increased 2.2% year over year, reaching $756,000.

Greater Boston saw a 3.3% increase in single-family home sales. In March, 3,319 single-family homes sold, fetching a median sale price of $750,000, up over $40,000 from 2024.

Boston condo sales, meanwhile, decreased 8.7%, with 982 sales. The median condo price increased 1.6% to $650,000.

“Though the number of single-family home sales declined slightly on a year-over-year basis, the
number of year-to-date sales is up versus 2024,” said Cassidy Norton, Associate Publisher and
Media Relations Director of The Warren Group. “Hopefully that’s an indication that the number of homes on the market is increasing and easing the inventory crunch somewhat. Given the current state of the federal government, it’s impossible to predict what interest rates will do, or whether inflation will continue to constrain the buying power of prospective homeowners.”

Boston MA March

Peace be with you

Updated: Boston Real Estate Blog 2025

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Greater Boston home sales up and down

According to a recent study done by Real IQ, which provides consulting and housing market analysis, Boston’s home prices increased 158% over the past decade.

I’m not good with math and stuff, but I assume this figure means that if you bought a home in 1995 for $200,000, it would’ve been worth $450,000, in 2005.

(I’m also assuming that by “Boston” they mean Greater Boston area, which is ill-defined to begin with.)

Further, according to the study, since September 2005, median home prices have dropped 5.8% in the Greater Boston area.

Source: Assessing the downturn: A quick history lesson – By Stephen Bedikian(subscription required)

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Updated: Boston Condo Blog 2025

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