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MAR: Snow affected January sales

Boston Real Estate 

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MAR: Snow affected January sales

Boston home sales slide year over year in January

 

The pace of Boston home sales fell 7.4% year over year in January, according to the latest REMAX National Housing Report.  

Nationally, home sales in the 51 metro areas surveyed by REMAX declined 6% year over year and 32% month over month. 

The number of homes for sale in January rose 10.9% year over year and dipped 0.1% month over month, marking the 25th consecutive month of annual gains. Months’ supply of inventory was 3.1 months, up from 2.8 months in January 2025 and down from 3.5 months in December. Miami continued to lead the nation in months’ supply, with seven months following a 2.3% annual increase from 7.2 months. 

The national median sales price rose 1% year over year to $425,000. Month over month, it was down 2%. The average close-to-list-price ratio was 98%, the same as in January 2025 and December 2025. 

“In a month that is traditionally slow, inventory was higher than it was a year ago, and new listings came to market, giving buyers more options,” REMAX CEO Erik Carlson said. “Even as sales adjusted seasonally, the fundamentals point to a market that continues moving toward balance.” 

MAR: Snow affected January sales

MAR: Snow affected January sales

The Boston Massachusetts Association of Realtors said the bad weather was to blame for huge declines in January home sales. Single-family homes put under agreement fell 7.3 percent compared to January 2010, and condo sales fell 12 percent from a year earlier. We don’t necessarily doubt that bad weather hasn’t helped, but it doesn’t explain the entire decline. After all, agreements come after weeks (usually) of listings being on the market.

Boston Real Estate 

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