"Price appreciation is slowing down from the rapid gains seen in recent years. Some recent reports indicate a slight decrease in median condo prices in Greater Boston on a year-over-year basis in mid-to-late 2025, with prices stabilizing rather than crashing. For example, the Boston median price was around $850,000 as of August 2025, a 5.5% decrease year-over-year, though specific neighborhoods vary greatly."
"Inventory levels are rising, giving buyers more options and a bit more negotiating power. While still below pre-2020 levels, this "slow but ongoing ramp-up in available listings" is a positive sign for potential buyers who were previously priced out or couldn't find the right property. Despite high prices and elevated (though easing) interest rates, buyer demand remains strong, particularly for appropriately priced properties."
"Boston remains one of the least affordable markets in the U.S., with a significant annual income required to afford a median-priced home. High prices and substantial condo fees (which can exceed $1,000/month in luxury buildings) continue to be major hurdles for many, especially first-time buyers. Experts generally do not predict a "bubble" or a major price crash in 2025 or 2026. Instead, forecasts point to continued, albeit modest, price growth, with the market finding a new, more sustainable balance."
Boston's condo market in late 2025/early 2026 is shifting toward a more balanced state after a hyper-competitive pandemic period. Price appreciation is moderating, with some areas seeing slight year-over-year median declines and overall stabilization rather than steep drops. Inventory is rising slowly, increasing buyer options and modest negotiating power while remaining below pre-2020 levels. Buyer demand stays strong for well-priced units, with overpriced listings lingering. Affordability remains a key constraint due to high median prices and significant condo fees. Forecasts predict modest price growth and a more sustainable market balance rather than a major crash.
Read at Boston Condos For Sale Ford Realty
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