"The Beacon Hill condo market in February 2026 is characterized by a "high-velocity" start to the year, with low inventory driving strong competition. Demand remains robust for historic properties, leading to rapid "Under Agreement" status for mid-market units, while the ultra-luxury segment ($3M+) is seeing a slight inventory surplus. Market Snapshot (February 2026) Median Sale Price: Approximately $1.81 million, reflecting a significant year-over-year increase. Median Price per Sq. Ft.: Roughly $1,410, with luxury units reaching up to $2,000 per sq. ft."
"The "Early Window" Opportunity: Mid-January to late February is considered a critical window for sellers to list before the traditional "spring surge," capitalizing on buyers who receive early-year bonuses and face limited winter inventory. Mortgage Rate Stability: Rates have stabilized near 6.16% as of early February 2026, which has encouraged sidelined buyers to re-enter the market, leading to an 18% surge in purchase applications year-over-year."
Beacon Hill condominium activity began 2026 with strong momentum and constrained inventory that intensified competition for mid-market and historic units. Median sale price is approximately $1.81 million and median price per square foot is about $1,410, with luxury units reaching roughly $2,000 per square foot. Inventory remains critically scarce in the historic core while Greater Boston inventory is projected to increase 5–10% through 2026. Average days on market are near 32, though especially desirable homes sell much faster. Mortgage rates stabilized near 6.16% in early February, spurring an 18% year-over-year rise in purchase applications and modest buyer negotiating power returns.
Read at Boston Condos For Sale Ford Realty
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