Altos Market Data for Realtors

Boston, MA

Single-Family Homes

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Boston, MA

Sat Apr 20 2024
This week the median list price for Boston, MA is $3,499,500 with the market action index hovering around 40. This is less than last month's market action index of 43. Inventory has held steady at or around 54. Click here to stay informed with the Boston market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Boston, MA

Sat Apr 20 2024
This week the median list price for Boston, MA is $3,499,500 with the market action index hovering around 40. This is less than last month's market action index of 43. Inventory has held steady at or around 54. Click here to stay informed with the Boston market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Boston market.
Median List Price $3,499,500
Median Price of New Listings $799,000
Per Square Foot $1,174
Average Days on Market 85
Median Days on Market 39
Price Decreased 30%
Price Increased 2%
Relisted 6%
Inventory 54
Median Rent
Market Action 40
Slight Seller's Advantage

Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$12,000,000 6,138 0 - 4,500 sqft 5 6 154 1 1 91
$5,295,000 4,066 0 - 4,500 sqft 4 4 134 2 1 42
$1,809,950 2,481 0 - 4,500 sqft 4 3 134 1 1 21
$754,450 1,707 0 - 4,500 sqft 3 1.5 134 5 3 35