Thinking about buying or selling a condominium in Boston? Understanding the latest market trends is crucial. We've broken down the recent Boston Condominium Sales Statistics report from Charles King Group, covering data from December 10, 2024, to June 10, 2025. This report offers valuable insights into various Boston neighborhoods, including median sale prices, price per square foot, and how long condos are staying on the market.

Let's dive into the key takeaways from this comprehensive report:

Overall Market Snapshot

The Boston condo market continues to be dynamic, with significant variations across different neighborhoods. The report highlights a diverse range of prices and market speeds, indicating that location remains a primary driver of value.

High-Value Neighborhoods: Where Luxury Reigns

If you're looking for prime Boston real estate, certain neighborhoods consistently command the highest prices:

• Midtown: Topping the list with a staggering median sale price of $2,375,000 and a median price per square foot of $1,632.21. Condos here spend an average of 54.5 days on the market.
• Back Bay: A perennial favorite for luxury living, Back Bay condos sold for a median of $1,617,500 at $1,372.81/sqft, staying on the market for approximately 48.5 days.
• Seaport District: Rapidly developing into a luxury hub, the Seaport District saw a median sale price of $1,662,000 and a median price per square foot of $1,684.61. Condos here had the longest median days on market at 72.5 days, reflecting the newer inventory and potentially higher price points.
• Waterfront: Offering stunning views and amenities, Waterfront condos had a median sale price of $1,250,000 and a median price per square foot of $1,088.22, with properties on the market for around 50.5 days.

Accessible Options: Finding Value in Boston

For buyers seeking more accessible price points without sacrificing location entirely, several neighborhoods present interesting opportunities:

• Dorchester (02124): With a median sale price of $572,500 and a median price per square foot of $540.83, Dorchester continues to be a more affordable entry point into the Boston market. These condos sold relatively quickly, with a median of 27.5 days on market.
• Brighton: A popular choice for its vibrant community and relative affordability, Brighton condos had a median sale price of $610,000 and a median price per square foot of $741.14, selling in just 20 days on average.
• Allston: Similar to Brighton, Allston offers a more budget-friendly option with a median sale price of $630,000 and a median price per square foot of $691.49. Condos here were on the market for about 28 days.
• Roslindale: Another neighborhood offering good value, Roslindale's median sale price was $629,000 with a median price per square foot of $535.04, and a quick median days on market of 20 days.

Key Metrics to Watch: Price Per Square Foot & Days on Market

• Price Per Square Foot (PPSF): This metric helps buyers understand the value they are getting relative to the size of the unit. As expected, neighborhoods like Seaport District and Midtown have the highest PPSF, reflecting their luxury status and often newer construction.
• Days on Market (DOM): A lower DOM indicates a faster-moving market, suggesting strong buyer demand. Neighborhoods like Brighton, Roslindale, and Charlestown (19 days) show a quick turnaround for condo sales, making them competitive for buyers. Conversely, a higher DOM, like in the Seaport District, might suggest a more selective market or higher-priced inventory that takes longer to sell.

Neighborhood Highlights:

• South Boston: A highly active market with 180 units sold, South Boston saw a median sale price of $905,000 and a median price per square foot of $805.18, with condos selling in about 27 days.
• Charlestown: A consistent performer, Charlestown had a median sale price of $935,000 and a median price per square foot of $835.84, with an impressively low median of 19 days on market.
• East Boston: Continuing its upward trend, East Boston condos sold for a median of $650,000 at $664.39/sqft, spending 37 days on the market.

What This Means for You:

• For Buyers: This report underscores the importance of targeted searches. If affordability is key, explore Dorchester, Brighton, Allston, and Roslindale. For luxury and prime locations, prepare for higher price points and potentially longer decision periods in Midtown, Back Bay, Seaport, and Waterfront. Be ready to act quickly in fast-moving markets like Charlestown and Brighton.
• For Sellers: Understanding your neighborhood's median sale price, PPSF, and days on market is crucial for pricing your property competitively. In areas with strong demand and low DOM, you might expect a quicker sale. In areas with higher DOM, strategic pricing and presentation will be even more critical.

This data, provided by MLS PIN and based on condominium sales from December 10, 2024 to June 10, 2025, offers a valuable snapshot of the Boston condo market.

Important Note for the Current Market: While this report covers the robust market activity up to June 10, 2025, it's worth noting that we have recently observed the market showing signs of slowing down substantially over the past 45 days. Buyer activity and the pace of sales may be shifting as we move further into June. We expect future reports to reflect these evolving conditions.

Ready to explore Boston's condo market? Contact us today to discuss your options! Stay tuned for future updates about the Boston condo market as we continue to monitor trends!