"Sales and inventory: Total condo sales experienced a slight dip in Q2 2025 compared to the previous year, but inventory remained significantly low. The number of listings increased in July, providing buyers with more options than in previous years. Pricing: The median condo price in the greater Boston area saw modest growth overall. However, this figure masks underlying market polarization, as luxury buildings saw an 11% decrease in median price while certain downtown neighborhoods saw a 20% increase."
"The overall median price for condos was $725,000 in June, a 3.3% decrease from the previous year, with July dipping even lower to $699,500. Days on market: The median time on the market for condos increased year-over-year, rising to 23 days in July. Interest rates: A cooling of mortgage rates earlier in the year brought some buyers back to the market, but rates remained a key factor shaping demand. Many homeowners with low rates are opting to stay put, which has limited the supply of condos."
"Neighborhood-specific trends Performance varied significantly depending on the area: High-performing areas: South Boston: The city leader in sales volume, with prices up year-over-year. Fenway/West End: Saw significant increases in both sales volume and average price. Downtown: Experienced notable gains in median sale price despite a dip in sales volume. Charlestown : Remained highly competitive with low days on market and a median price crossing the $1 million mark."
Total condo sales dipped slightly in Q2 2025 while inventory remained constrained, though July listings rose and offered buyers more choice. Aggregate median pricing showed modest movement but concealed polarization: luxury buildings experienced an 11% median-price decline while some downtown neighborhoods increased about 20%. The overall median fell to $725,000 in June and to $699,500 in July. Median days on market rose to 23 days in July. Cooling mortgage rates earlier in the year attracted some buyers, but many owners with low rates stayed, limiting supply. Neighborhoods varied, with South Boston, Fenway/West End, Downtown, and Charlestown outperforming while Seaport and luxury segments cooled.
Read at Boston Condos For Sale Ford Realty
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