April 2026 Boston Condo Market Recap Boston Condos For Sale Ford Realty

"Median Sale Price: $775,000 citywide (extending from the start of the year through April), remaining basically flat to slightly down year-over-year. Inventory Supply: 2.1 months of supply. While inventory has risen, anything under three months remains a technical seller's market. Days on Market (DOM): 42 days median. Properly priced listings moved significantly faster (averaging under 20 days), while mispriced or stale properties sat for 45+ days. Sale-to-List Ratio: 98.7%. The typical condo sold for roughly 1.1% under asking price, giving buyers more negotiating room than in previous spring cycles."

"However, 39.4% of units still triggered bidding wars and sold over asking. Mortgage Rates: 30-year fixed rates averaged 6.4% throughout April, easing slightly from last year but keeping general buyer activity strategic and selective. [Ford Realty Inc] Activity in April split drastically between high-end luxury districts and high-value commuter pockets: [ Bostonreb.com]"

"The "Lock-In" Effect Is Thawing: More sellers are listing their homes due to unavoidable life events, causing new statewide condo listings to jump 14.3% year-over-year in April. Bifurcated Demand: Higher-end luxury tiers ($2M+) are seeing softer averages and sitting on the market longer. Conversely, value-driven tiers in East Boston, Dorchester, and peripheral areas like Chelsea or Revere remain highly competitive. Buyer Leverage: With more inventory to choose from, buyers are pushing back on properties that lack premium features like dedicated parking spaces or private outdoor areas. [Bostonluxurycondosforsale.com]"

Median sale price for Boston condos was $775,000 citywide through April, staying basically flat to slightly down year-over-year. Inventory supply reached 2.1 months, with anything under three months still functioning as a technical seller’s market. The median days on market was 42 days, while properly priced listings averaged under 20 days and mispriced or stale properties lingered 45+ days. The sale-to-list ratio was 98.7%, with typical sales about 1.1% under asking, though 39.4% of units still sold over asking in bidding wars. Thirty-year fixed mortgage rates averaged 6.4% in April. New listings rose 14.3% year-over-year, demand split between luxury and value tiers, and buyers gained leverage by rejecting listings without premium features.

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