How did the real estate market do last month?
Boston Condos for Sale
How did the real estate market do last month?
In March 2026, the Boston real estate market experienced a seasonal “thaw” as the spring buying season began, characterized by a modest increase in sales volume and new inventory despite persistent affordability challenges.
The market showed mixed signals across different tracking metrics last month:
- Median Sale Price: Reports varied by methodology. Redfin noted a median price of $865,000, a 3% increase from last year. Conversely, Zillow’s Home Value Index estimated a typical home value of $798,217, down 0.4% year-over-year.
- Sales Activity: Approximately 332 to 336 homes were sold in Boston proper, a slight increase from March 2025.
- Inventory & Listings: New listings grew by 3.7% over the last 12 months, with 536 new listings added by the end of March. Total active listings reached 1,368 units, an increase that has given buyers slightly more leverage than in previous winters.
- Speed of Market: Homes sold in a median of 26 to 33 days, significantly faster than the national average but slower than the same period last year.
- Single-Family Homes: Remained the strongest segment, with median prices rising 3.7% year-over-year to roughly $757,000.
- Condominiums: Faced a more volatile “perfect storm” due to fluctuating mortgage rates and increased supply. Median condo prices fell 2.5% annually, though sales volume actually rose by 7.3%.
www.bostonreb.com +1 - Multifamily Units: Vacancy rates rose to 7.4% as new construction deliveries outpaced absorption, leading to flattened rent growth despite strong investor interest.
Neighborhood Highlights
| Neighborhood | Median Sale Price (March 2026) | Annual Change |
|---|---|---|
| Seaport District | $3,000,000 | +26.7% |
| South Boston | $1,100,000 | -1.4% |
| East Boston | $684,000 | -6.7% |
Are you looking for more details on specific neighborhoods or information on current mortgage rates for a potential move?
How did the real estate market do last month?
Let’s take a look at both the national and local real estate market stats (may take the chart a few seconds to load)
Boston Condos for Sale
Ford Realty Inc., Charles Street, Beacon Hill
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