PEABODY, March 18, 2025 – The Massachusetts median single-family home price was $575,000 in February 2025, an increase of 4.2 percent over February 2024, according to a new report from The Warren Group, a leading provider of national real estate and transaction data.
Single-Family Homes
| MA Single-Family Homes | February 2024 | February 2025 | % Change 2024-2025 |
| Single-Family Home Sales | 2,050 | 2,136 | 4.2% |
| YTD Single-Family Sales | 4,453 | 4,765 | 7% |
| Median Single-Family Home Price | $548,250 | $575,000 | 4.9% |
| YTD Median Single-Family Home Price | $549,125 | $580,000 | 5.5% |
In February, there were 2,136 single-family home sales in Massachusetts, a 4.2 percent increase from February 2024 when there were 2,050 transactions. Meanwhile, the median single-family home price increased 4.9 percent on a year-over-year basis to $575,000.
There were 4,765 single-family home sales in the first two months of 2025, a 7 percent increase from 2024. The median single-family home sale price increased 5.5 percent on the same basis to $580,000.
“In a continuation of trends set at the end of 2024, the number of single-family home sales and the median sale price are both up slightly from a year before,” said Cassidy Norton, Associate Publisher and Media Relations Director of The Warren Group. “The median home sale price is down $10,000 from January, which is usual for the month-over-month period. Looking at previous patterns, March should see a jump in both the number of sales and the median price versus February.”
Condominiums
| MA Condominiums | February 2024 | February 2025 | % Change 2024-2025 |
| Condominium Sales | 1,077 | 1,108 | 2.9% |
| YTD Condominium Sales | 2,050 | 2,266 | 10.5% |
| Median Condominium Price | $490,000 | $511,000 | 4.3% |
| YTD Median Condominium Price | $498,500 | $525,000 | 5% |
There were 1,108 condominium sales in February 2025, compared to 1,077 in February 2024 – a 2.9 percent increase. Meanwhile, the median condo sale price increased 4.3 percent on a year-over-year basis to $511,000, up from $490,000 in February 2024.
There were 2,266 condominium sales in the first two months of 2025, a 10.5 percent increase from 2024, in which there were 2,050. Meanwhile, the year-to-date median sale price increased 5 percent from 2024 to $525,000.
“Condominium sales followed broadly the same patterns as single-family sales,” Norton added. “The 10 percent year-to-date increase in sales may reflect an increase in inventory, potentially illustrating a loosening in the market.”
TOWN & COUNTY STATISTICS: Click for a breakdown of town sales statistics and county sales statistics.
Greater Boston Single-Family Home and Condo Markets
Included in this release is an overview of activity in the Greater Boston housing market. This analysis encompasses the 139 towns located within 495. Click here for a full list of the communities included in the analysis.
| Greater Boston Single-Family Homes |
February 2024 | February 2025 | % Change 2024-2025 |
| Single-Family Home Sales | 888 | 943 | 6.2% |
| YTD Single-Family Sales | 1,999 | 2,173 | 8.7% |
| Median Single-Family Home Price | $693,750 | $735,000 | 5.9% |
| YTD Median Single-Family Home Price | $692,000 | $745,000 | 7.7% |
There were 943 single-family home sales in the Greater Boston housing market in February 2025, which marked a 6.2 percent increase from February 2024, when there were 888 transactions. Meanwhile, the median single-family sale price increased 5.9 percent on a year-over-year basis to $735,000. Year-to-date, there were 2,173 single-family home sales in the Greater Boston housing market in 2025 – up 5.9 percent from 2024 – with a median sale price of $745,000 – up 7.7 percent from 2023.
| Greater Boston Condominiums | February 2024 | February 2025 | % Change 2024-2025 |
| Condominium Sales | 777 | 774 | -0.4% |
| YTD Condominium Sales | 1,447 | 1,583 | 9.4% |
| Median Condominium Price | $571,000 | $600,000 | 5.1% |
| YTD Median Condominium Price | $595,000 | $610,000 | 2.5% |
In February, there were 774 condo sales in the Greater Boston housing market, down from 777 sales in February 2024, marking a 0.4 percent decrease. Meanwhile, the median condo price increased 9.4 percent on the same basis to $600,000, up from $571,000 a year earlier. Year-to-date, there were 1,583 condo sales in the Greater Boston housing market in 2025 – up 9.4 percent from 2024 – with a median sale price of $610,000 – up 2.5 percent from 2023.
ABOUT THE WARREN GROUP
Customers use The Warren Group to identify new business opportunities through access to comprehensive real estate and mortgage data, analytics, and industry news coverage. Established in 1872, The Warren Group is now in its fourth generation of family ownership and management. It is the publisher of Banker & Tradesman, The Commercial Record, and The Registry Review. For more information visit www.thewarrengroup.com.
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