Eric Raynor

Boston, MA 02116

Condos/Townhomes

Real Estate Agent



Boston, MA 02116

Sun Dec 22 2024
This week the median list price for Boston, MA 02116 is $1,612,450 with the market action index hovering around 34. This is an increase over last month's market action index of 33. Inventory has decreased to 92. Click here to stay informed with the Boston market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Boston, MA 02116

Sun Dec 22 2024
This week the median list price for Boston, MA 02116 is $1,612,450 with the market action index hovering around 34. This is an increase over last month's market action index of 33. Inventory has decreased to 92. Click here to stay informed with the Boston market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Boston market.
Median List Price $1,612,450
Median Price of New Listings $1,044,000
Per Square Foot $1,384
Average Days on Market 99
Median Days on Market 70
Price Decreased 27%
Price Increased 1%
Relisted 10%
Inventory 92
Median Rent
Market Action 34
Slight Seller's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$4,150,000 2,495 0 - 4,500 sqft 3 2.5 39 1 1 91
$2,299,000 1,339 0 - 4,500 sqft 2 2.5 24 0 2 63
$1,399,000 1,068 0 - 4,500 sqft 2 1.5 100 1 2 56
$829,000 724 0 - 4,500 sqft 1 1 114 2 3 49