PEABODY, February 18, 2025 – The Massachusetts median single-family home price reached a new all-time high for the month of January, rising 6.4 percent on a year-over-year basis to $585,000, 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 | January 2024 | January 2025 | % Change 2024-2025 |
| Single-Family Home Sales | 2,403 | 2,626 | 9.3% |
| Median Single-Family Home Price | $550,000 | $585,000 | 6.4% |
There were 2,626 single-family home sales in Massachusetts in January, a 9.3 percent increase from January 2024, when there were 2,403 transactions. Meanwhile, the median single-family home price increased 6.4 percent on a year-over-year basis to $585,000, a new all-time high for the month of January.
“Massachusetts saw a total of 2,626 single-family home sales in the first month of the year, marking a 9.3 percent increase from 2024,” said Cassidy Norton, Associate Publisher and Media Relations Director of The Warren Group. “The year began with a record-setting median sale price of $585,000, up 6.4 percent from January 2024.”
Condominiums
| MA Condominiums | January 2024 | January 2025 | % Change 2024-2025 |
| Condominium Sales | 973 | 1,159 | 19.1% |
| Median Condominium Price | $507,000 | $530,000 | 4.5% |
There were 1,159 condominium sales in January 2025, compared to 973 in January 2024 – a 19.1 percent increase. Meanwhile, the median condo price increased 4.5 percent on a year-over-year basis to $530,000, up from $507,000 in January 2024, marking a new all-time high for January condo prices.
“There were 1,159 condos sold in January, marking a 19 percent increase from the previous year,” Norton added. “The median sale price reached an all-time high of $530,000, up 4.5 percent from 2024. The increase in sales figures may indicate a rise in inventory as we head into the 2025 spring market, a welcome respite from several years of record-low home for sale.”
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 |
January 2024 | January 2025 | % Change 2024-2025 |
| Single-Family Home Sales | 1,111 | 1,229 | 10.6% |
| Median Single-Family Home Price | $690,000 | $750,000 | 8.7% |
There were 1,229 single-family home sales in the Greater Boston housing market in January 2025, which marked a 10.6 percent increase from January 2024, when there were 1,111 transactions. Meanwhile, the median single-family sale price increased 8.7 percent on a year-over-year basis to $750,000.
| Greater Boston Condominiums | January 2024 | January 2025 | % Change 2024-2025 |
| Condominium Sales | 670 | 810 | 20.9% |
| Median Condominium Price | $625,000 | $620,000 | -0.8% |
In January, there were 810 condo sales in the Greater Boston housing market, up from 670 sales in January 2024, marking a nearly 21 percent increase. Meanwhile, the median condo price decreased by 0.8 percent on the same basis to $620,000, down $5,000 from last year’s median of $620,000.
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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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