Boston Housing Market Report: September 2022

Back Bay, Boston, MA, USA

Median home prices in Boston were up about 8% over the previous month in August. The average home sold for $1,195,000. Homes were on the market for an average of 34 days, down from 40 the previous month, breaking a streak for increasing for the third month in a row. In September, there were 108 homes listed, more than double from the previous month, and 78 pending sale.

Home prices


Boston:

$1,436,950

$1,195,000

83%


Boston suburbs:

$999,000

$850,000

85%


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Inventory


Boston:

108

78


Boston suburbs:

389

303



Boston days on market: 34


Boston suburbs days on market: 22


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.