Contradicting the theory of slower real estate sales in Boston
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Contradicting the theory of slower real estate sales in Boston
- Intense Market Velocity: In early 2026, well-priced homes continue to move rapidly. Some neighborhoods, such as Roxbury, saw median days on market plummet from 166 days in early 2025 to just 10 days in January 2026.
- Rising Sales Prices: Despite reports of a “slow” market, the average sales price in Boston reportedly jumped 19% between January and February 2026.
- Luxury Sector Resurgence: The high-end market has “reawakened” with significant activity in Back Bay and Cambridge, where the single-family median price surged 68% year-over-year to over $3.2M by early 2026.
- Severe Inventory Deficit: A chronic shortage—estimated at over 35,000 homes in the city alone—sustains intense competition. This structural lack of supply means any “slowdown” is often just a lack of available homes for sale rather than a lack of buyer interest.
- Increased Transaction Forecasts: Industry experts, including the National Association of REALTORS® (NAR), project a 14% increase in existing-home sales for 2026 as mortgage rates stabilize and the “lock-in effect” for sellers begins to ease.
Interesting fact:
According to LINK, there were 387 properties that closed in October 2004. There were 325 properties that closed in October, 2005 (and additional sales may have closed, but the agents haven’t updated LINK).
So, what is that, a drop of 16%? Not too shabby.
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Updated: 2026