The second quarter of 2025 brought mixed results for Boston's condo market - overall sales saw a slight dip, while inventory remains significantly tighter than previous years.
Citywide Sales Summary
The number of completed sales in Q2 2025 was down 3% compared with Q2 2024. The average and median sale prices per square foot were also down.
Inventory Snapshot
Citywide inventory levels have remained notably low. While there was a slight uptick from the first quarter, the overall trend reflects a constrained supply environment. This is a substantial decrease from Q2 2024, which saw inventory figures of 90+ units.
Neighborhood Performance Highlights
Q2 2025 saw diverse performances across Boston's various neighborhoods, with some areas experiencing notable growth while others faced declines.
Fenway led with a significant 44% increase in sales and an 8% rise in average sale price. The West End recorded a strong 31% jump in sales, accompanied by a 15% increase in average price per square foot. Downtown, while the number of completed sales was down, the neighborhood boasted impressive increases in average sale price (21%), median sale price (20%) and average price per square foot (12%).
Conversely, condos in luxury buildings saw a 17% drop in sales and an 11% decrease in median sale price. Beacon Hill experienced deal volume growth of 2%, but the average sale price saw a significant 20% decline and the average price per square foot fell by 12%. The Seaport faced the largest drops in median sale price (-24%) and average sell price (-23%), alongside a significant 14% decline in median price per square foot.
Conclusion
While citywide sales and average prices experienced minor contractions, the tight inventory suggests underlying demand. Neighborhood-level data highlights the importance of localized trends, with some areas showing resilience and growth, while others navigated price corrections. For more data, view the full LINK Boston Q2 2025 Report.
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