Pending Sales Up: Condos & Single-family
Boston Condos for Sale and Apartments for Rent
Pending Sales Up: Condos & Single-family
- Properties that went “Pending” or “Under Agreement” in the first week of January 2026 were reaching the closing stage as early as mid-month.
- Neighborhoods like South Boston (02127) and the South End are seeing new-construction and luxury units quickly go “Pending” or “Under Agreement”. Dorchester is also experiencing a strong start, with some agents reporting multiple properties under agreement in the first week.
- Boston entered 2026 with listings typically reaching “pending” status within 30 to 46 days on average.
Pending Sales Up: Condos & Single-family
Pending home sales in November jumped 3.3% month over month and 2.6% year over year, representing the strongest month in almost three years, the National Association of REALTORS® said, citing its Pending Home Sales Report.
By region, contract signings were up across the board on both a monthly and annual basis.
“Homebuyer momentum is building. The data shows the strongest performance of the year after accounting for seasonal factors, and the best performance in nearly three years, dating back to February 2023,” NAR Chief Economist Lawrence Yun said. “Improving housing affordability — driven by lower mortgage rates and wage growth rising faster than home prices — is helping buyers test the market. More inventory choices compared to last year are also attracting more buyers to the market.”
November’s Realtors Confidence Index survey found that 22% of Realtors expect an increase in buyer traffic over the next three months, up from 17% in October but down from 24% in November 2024. Meanwhile, 18% expect an increase in seller traffic, up from 16% last month and down from 22% a year ago.
“As we look to 2026, we believe sales activity next year will continue to be shaped more by ‘life happens’ moments — job changes, marriages, births and other personal milestones — than by falling mortgage rates,” First American Deputy Chief Economist Odeta Kushi said. “With affordability still stretched, and inventory tight in many regions, the recent pullback in rates and cooling price growth have helped stabilize the landscape. These shifts offer a clearer path for buyers and sellers as 2026 approaches, setting the stage for a more constructive year ahead.”
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Updated: Boston Real Estate 2026
Pending sales Up: Condos & single-family
- Condo Price Index: The Federal Reserve reported the Boston-Cambridge-Newton Condo Price Index at 332.44 in September 2025 (Jan 2000 = 100). This is slightly down from its record high of 336.88 reached in May 2025.
- Days to Pending: The average time for a Boston condo to go pending is approximately 30 days. Specific neighborhoods vary, with 02132 (West Roxbury) going pending in as little as 14 days and 02116 (Back Bay/South End) taking roughly 55 days.
- National vs. Local Performance: While national pending sales indices have seen declines due to limited inventory and high interest rates, the Northeast region (including Boston) frequently manages to buck these trends, recently showing a 2% increase in contract signings while other regions fell.
- Inventory Strain: The number of condos going under agreement is restricted by low supply. Building permits in Greater Boston have dropped 67% since 2021, creating a long-term bottleneck for future inventory.
- Beacon Hill: Currently maintains a supply level that exerts upward pressure on prices because while sales activity has lessened, the volume of available condos is even lower.
- Back Bay: Real-time reports track condos going “Under Agreement” in rolling 30-day periods, reflecting consistent but cautious buyer activity through November 2025.
- Market Status: Boston remains a seller’s market as of late 2025, with a sale-to-list price ratio of approximately 98%.
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Updated: Boston Real Estate Blog 2025
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