A recent analysis of MLS data reveals a notable trend in the Boston condominium market: as of August 7, 2025, the average sale price of a condo is 97.91% of its original listing price—the lowest percentage recorded in the past five years.
This chart shows the year-to-date (YTD) average sale price as a percentage of original listing price on August 7th of each year. After peaking in 2023 at over 107%, the ratio has steadily declined over the past two years, suggesting buyers are negotiating more aggressively and/or sellers are pricing more optimistically in a changing market.
For buyers, the current climate presents more room for negotiation. For sellers, strategic pricing and strong marketing have become more important than ever.
As market dynamics shift, staying informed is key—whether you're thinking of buying, selling, or investing. We are always available to answer your questions and help you navigate the market.