The April 2026 Boston condominium market showed signs of slowing down of price appreciation and a lean towards a buyers’ market, as interest rates have increased due to conflict in the Middle East.

Key Market Metrics

- Median Sale Price: $775,000 citywide (extending from the start of the year through April), remaining basically flat to slightly down year-over-year.
- Inventory Supply: 2.1 months of supply. While inventory has risen, anything under three months remains a technical seller’s market.
- Days on Market (DOM): 42 days median. Properly priced listings moved significantly faster (averaging under 20 days), while mispriced or stale properties sat for 45+ days.
- Sale-to-List Ratio: 98.7%. The typical condo sold for roughly 1.1% under asking price, giving buyers more negotiating room than in previous spring cycles. However, 39.4% of units still triggered bidding wars and sold over asking.
- Mortgage Rates: 30-year fixed rates averaged 6.4% throughout April, easing slightly from last year but keeping general buyer activity strategic and selective. [Ford Realty Inc]

Neighborhood Breakdown

Activity in April split drastically between high-end luxury districts and high-value commuter pockets: [Bostonreb.com]

Neighborhood [Ford Realty ]	Metric Focus (Jan-Apr 2026)	Performance Trend
Midtown	$2,390,000 Median Sale Price	Most expensive total neighborhood (23 sales)
Seaport District	$1,816.16 Median Price/Sq. Ft.	Highest per-square-foot cost tier citywide
Back Bay	76 Closed Sales	Top volume for the premium luxury market
South End	72 Closed Sales / $1.28M Median	High demand; median prices up significantly YoY
Dorchester	80 Closed Sales	Highest transaction volume; driving entry-level activity
East Boston	77 Closed Sales	Strong volume; 2-bed new constructions clearing $1M+

Major Market Takeaways

- The “Lock-In” Effect Is Thawing: More sellers are listing their homes due to unavoidable life events, causing new statewide condo listings to jump 14.3% year-over-year in April.
- Bifurcated Demand: Higher-end luxury tiers ($2M+) are seeing softer averages and sitting on the market longer. Conversely, value-driven tiers in East Boston, Dorchester, and peripheral areas like Chelsea or Revere remain highly competitive.
- Buyer Leverage: With more inventory to choose from, buyers are pushing back on properties that lack premium features like dedicated parking spaces or private outdoor areas. [Bostonluxurycondosforsale.com]

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