July Market Update: Boston

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Key Takeaways for the Month

Overall, we see that the Boston market is stable. COVID-19 brought some changes in March and April, but they weren’t drastic. Likewise, recovery is happening but not bringing drastic changes. 

  • July saw an increase in the number of properties listed as demand from buyers was strong. 
  • Condo sale prices in the metropolitan area are largely flat as sellers listed at or close to fair market value. 
  • Days-on-market numbers trended slightly down, again reflecting the return of buyer demand in the market. 

Competition snapshot

Our Research Team looked into sales in the hottest zip codes on the Eastside for a snapshot of competitiveness in the local market.

The researched homes are a sample of the resale market for single-family houses and townhomes, excluding new construction, listed for $450,000 – $900,000 in select zip codes in Boston, Cambridge, and Somerville.

Sale Price

Based on date the property sold.

List Price

Based on date the property was listed.

Sale Price Compared to List Price

Based on date the property sold.

Days on Market

Based on the number of days between the list date and the date the property went pending, except when sold date is earlier than pending (then based on date sold).

Number of Properties Listed

Based on date the property was listed.

Number of Properties Pending Sale

Based on the date the property went pending, except when sold date is earlier than pending (then based on date sold).

Number of Properties Sold

Based on date the property sold.


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.


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