The median sales price for a single-family home in greater Boston surpassed $1 million again in April. The median price increased from $989,500 in April 2025 to $1,032,500 last month. The market had reached $1 million in July 2025. Home sales fell 5.9% year-over-year, and homes spent a median of 37 days on the market. The condo market also rose, with a median sales price of $750,000 in April, up from $732,000 a year earlier. Condos spent a median of 51 days on the market, an 18.5% yearly increase. Low inventory and continued buyer demand supported rising median prices, with seasonal improvement expected into summer.
"The median sales price for a single-family home in greater Boston surpassed the $1 million mark again in April. The market first hit this milestone in July 2025. Specifically, the median sales price rose from $989,500 in April 2025 to $1,032,500 last month, according to the Greater Boston Association of REALTORS®. That's a jump from $891,750 just a few months ago in January."
"Home sales dipped 5.9% year-over-year, and homes spent a median of 37 days on the market. The condo market saw price growth as well. Condos reached a median sales price of $750,000 in April, up from $732,000 during the same month last year. Time spent on the market hit 51 days for condos, marking an 18.5% yearly increase."
""With low inventory and continued buyer demand, median sale prices throughout the region continued to rise," said GBAR President Joselin Malkhasian in a press release. "As we typically see, the housing market tends to pick up at the start of spring and will likely continue into the summer months. The significant increase in median sales for single-family homes is yet another sign of the housing market crunch during a time of great demand.""
#greater-boston-housing-market #single-family-home-prices #condo-market #inventory-and-demand #seasonal-market-trends
Read at Boston Condos For Sale Ford Realty
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