Boston Condo Sales Data Stats 2022

Boston Condos for Sale and Apartments for Rent

Boston Condo Sales Data Stats 2022

The Boston condo market remained strong in August. The average number of days on market was around 34 which means that Boston condos are selling at a pace that we would expect to see in the summer or even in the fall. However, the number of condominiums sold was down by almost 40%. The average sale price rose due to lower inventory and high demand for housing with multiple offers in many cases for properties priced right.

Boston condo market

The market still favors sellers even as the interest rates go up. But the winds are beginning to change to a more favorable buyer position.

August 2022 sales data

Number of Boston condos sold: 369

DOWN 39.2% vs Aug 2021

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Median Boston condo sale price: $710,000

UP 7.6% vs Aug 2021

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Boston condo inventory: 1,124

DOWN 7.4% vs Aug 2021

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Boston condos for sale days on market: 34

DOWN 19.0% vs Aug 2021

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Median Boston condo sale price/sf. $795

UP 8.5% vs Aug 2021

Updated: Boston Real Estate Blog 2022

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Boston condominiums sales fell, down 17.1% to 1,212 from 1,462 a year prior, marking the fewest condo sales for the month since 2018, Warren said.

The median sale price of a condo in the Bay State marked an all-time high for February, rising 5.3% to $440,000 up from $418,000 in February 2021.

For the first two months of 2022, 2,669 condos sold in Massachusetts, down 15.5% from a year ago. The median condominium sale price rose 7.3% from the same time period to $440,000

Number of Boston Condos Sales February 2022 – 219 Condos Sold

DOWN 17.7% vs Feb 2021

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Median Boston Condo Sale Price February 2022 – $700,000

UP 1.9% vs Feb 2021

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