The monthly Boston real estate market report was just released by GBAR which looks at overall city statistics for single family, condo, and multifamily properties. October 2017 marked the fourth highest sales total for single family homes in an October and the third most active in condo sales. Median prices continue to increase year-over-year with an 8.2% and 6.6% increase in the single family and condo markets, respectively.
Median Selling Price
For the entire Boston metro area, single family homes approached $570,000 for median price while condos hit just over $511,000. See how the markets have changed over time:
City of Boston
Looking at Boston proper, we see even more significant increases in median sales price, with condos actually coming in higher than single families. Take a look at the entire City of Boston snapshot:
Download additional stats and neighborhood level detail in our full monthly market report.