You are currently viewing Boston Prices Down 2% in April 2018—Real Estate Trends

Boston Prices Down 2% in April 2018—Real Estate Trends

  • Post comments:0 Comments
  • Reading time:1 mins read

Our monthly property analysis for the Boston area is up on the Torii website. We were very surprised to see that list and sale prices for the area were down 2% month-over-month. For comparison in 2017, March to April was an increase of 8% (see graph below the fold).

The most expensive zip codes by cost per square foot. See here for all the data.

Highlights:

Median list price and sale price were down 2% from March to $524,900 and $540,000, respectively. March saw list and sale prices of $539,000 and $550,000. Median price per square foot was also down to $345 from $358 in March.

Median sale price across Boston, January 2017-April 2018

Median market time was down from 20 days in March to 19 days in April. There was a wide range with the shortest in Newton Center (02459) at 7 days to 67 days in Lynn (01901, 1 sale) and Nahant (01908) at 49 days.

The eleven most expensive zip codes by square foot were all in Boston. They ranged from $913/sf in 02109 to $1,305/sf in 02110. Salem (01970) and Randolph (02368) were the cheapest at $188 and $216, respectively.


See our whole analysis for April 2018 here. If you’re getting ready to buy, get in touch.

Leave a Reply