Median home prices in Boston rose about 40% from the previous month in January, with the housing market bouncing back from the winter slump. Please note that in a market like Boston with such low inventory, numbers month to month can fluctuate more than usual. In January the median home sold for $1,160,000. Homes were on the market for an average of 55 days, down from 62 in December. At the end of January, there were 33 homes listed, and 29 pending sale.
Home prices
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Inventory
Our research team analyzed the competition in select local areas.
Metropolitan Boston data is for the city of Boston excluding 02119,02121,02124,02130,02126,02131,02136,02132; Cambridge; and Somerville.
Boston Suburbs data is for Malden, Medford, Quincy, Weymouth, Watertown, Brookline, Newton, Lexington, Winchester, Belmont, and Arlington.
