Boston Real Estate Market Update: April 2025
As the spring market gains momentum, Boston’s real estate landscape in April 2025 reflected similar sales compared to the same time last year, with nuanced shifts in pricing, inventory, and buyer behavior. Below, we break down the latest market activity and offer insights into how this year compares with April 2024.
April 2025 Market Snapshot
Total Homes Sold: 401
Condos: 312
Single-Family Homes: 48
Multi-Family Homes: 41
Median List Price: $825,000
Median Sale Price: $824,000
Average Days on Market: 47
Lowest Sale Price: $180,075
Highest Sale Price: $10,000,000
Sale-to-List Price Ratio: 99%
Total List Volume: $445,140,000
Total Sales Volume: $440,377,000
These figures show that while Boston remains a resilient and high-demand market, signs of stabilization are beginning to appear. The median sale price rose slightly year-over-year, indicating sustained buyer interest in Boston’s competitive urban core. However, longer days on market suggest buyers are taking more time before making purchasing decisions.
Year-over-Year Comparison: April 2025 vs. April 2024
The market saw a 7.2% decline in total transactions, with the largest drops occurring in the single-family and multi-family categories as a result of limited inventory. However, median sale prices increased by 3.6%, reflecting continued buyer competition. Notably, the average days on market rose by six days, pointing to a market where pricing strategy and property condition are increasingly critical to success.
Key Takeaways for Buyers and Sellers
Sellers may still benefit from strong pricing trends, but should prepare for slightly longer listing periods and ensure properties are competitively positioned.
Buyers may experience more negotiation leverage, particularly outside the most competitive price brackets and neighborhoods.
Boston's housing market remains robust, though early indicators in April suggest we are entering a more balanced environment. As we progress further into the spring and summer seasons, it will be important to monitor inventory levels, mortgage rates, and consumer confidence to assess the trajectory of local real estate activity.
Market data and analysis based on third-party sources including the seller and public records. MLS Property Information Network, Inc., and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.