Boston, Massachusetts started 2024 with a total of 44 single-family homes on the market, with a median home price of $1,837,400 and an average price per square foot of $1105.70. By the end of the year, inventory had decreased to 42 homes on the market (-5%), with a median home price of $3,075,000 (+67%), and an average price per square foot of $1213 (+10%).
At the start of 2024, the median days on market (DOM) was 81 days – by the end of the year, median DOM had increased to 91 days.
Boston, Massachusetts started the year with 25.00% of homes taking a price cut. (For reference, 35% is the national average for price reductions in a "normal" year.) By the end of the year, about 28.57% of homes for sale had taken a price cut.
