
According to MLSPIN, the marketplace for Boston residential properties, here’s what happened in December 2024 vs January 2025:
The Number of SOLD listings decreased 36% to 80 properties with a top sale of $20.3 million at 150 Seaport Blvd #19C & E in Boston.
The Average Sales Price increased 4% to $1.95 million and the Average Price Per Square Foot decreased 6% to $1,238 per square foot.
The inventory of properties available for sale as measured in months supply increased by 7% to 3.43 months worth of properties for sale.
The average 30-year fixed mortgage rate had no change to an average rate of 7.03% according to Bank Rate.com.
Thanks for tuning in, we’ll see you in the next Griffin Real Estate Market Update.
Boston
Average Sales Price
Dec 2024 – $1,870,805.3
Jan 2025 – $1,946,635.94
increased by 4%
Average Days On Market
Dec 2024 – 66
Jan 2025 – 78
increased by 18%
Average Sale Price Per Square Foot
Dec 2024 – $1,323
Jan 2025 – $1,238
decreased by 6%
Median Sales Price
Dec 2024 – $1,316,000
Jan 2025 – $1,231,250
decreased by 6%
Number of Sold Listings
Dec 2024 – 125
Jan 2025 – 80
decreased by 36%
Months Supply of Inventory
Dec 2024 – 3.2
Jan 2025 – 3.43
increased by 7%
Mortgage Rate
Dec 2024 – 7.03%
Jan 2025 – 7.04%
0% had no change with
Top 10 Sales
- $14,000,000 1 Dalton Street #5201 Boston, MA
- $14,000,000 220 Boylston Street #1201 Boston, MA
- $5,195,000 135 Seaport Blvd #PH1A Boston, MA
- $5,000,000 53 Chestnut St Boston, MA
- $4,950,000 110 Sudbury Street #4204 Boston, MA
- $4,710,000 111 Pembroke St Boston, MA
- $4,400,000 83 Mount Vernon #1 Boston, MA
- $4,200,000 11 Wellington Street Boston, MA
- $3,575,000 7 Rutland Sq Boston, MA
- $3,200,000 1200 Washington St #405 Boston, MA
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