Is Boston, MA 02117 a buyer’s or seller’s market?
Boston is a seller’s market. With about 1.6 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Boston housing market right now
In the three months ending August 31, 2026, 0% of homes in Boston, MA 02117 sold above their list price, the typical home went under contract in 16 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (34 days then) and the median sale price rose 203% to $3,203,614. Overall, Boston is more competitive than a year ago, so tougher for buyers.
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Questions about Boston real estate
Is Boston a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Boston, MA 02117 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Boston?
The typical home went under contract in 16 days in the latest three months.
Do homes in Boston sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 98.3% of the list price.
What is the median home price in Boston?
The median sale price was $3,203,614 in the three months ending August 31, 2026, about $1,903 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology