Massachusetts Home Buyer Guide, First-time Homebuyer Tips, Advice MA

A Tale of Two Markets: Mass. Single-Family Prices Up, Condo Prices Dip

Written by Rich Rosa | Aug 28, 2026, 10:35:22 PM

Massachusetts single-family home sales and median prices rose in July, while condominium prices dipped despite a double-digit surge in sales, according to the Massachusetts Association of Realtors.

From January through July, single-family prices continued to climb even as overall closed sales slightly declined.

 

July Year-Over-Year Numbers

 

For single-family homes in July, closed sales rose 8 percent to 4,899, up from 4,526 in July 2025. The median sales price increased 3 percent to $715,000. Homes for sale fell 7 percent to 8,155, and months of inventory dropped to 2.4 months from 2.6 months the year before. On average, sellers received about 101 percent of the original listing price.

The number of condominiums closed in July increased 14 percent to 1,938, up from 1,703. The median sales price declined about 1 percent to $565,000. Homes for sale dropped 5 percent in July to 4,646, while the inventory decreased from 3.4 months in July 2025 to 3.1 months. Sellers, on average, received about 98 percent of the original listing price.

 

January Through July (YTD) Numbers

 

For the year-to-date period through July, single-family closed sales dipped 1 percent to 22,045 compared to 22,235 during the same period last year. The YTD median sales price for single-family homes grew $15,000, or about 2 percent, to $685,000. The percentage of original price received, on average, remained about 100 percent during the first seven months of 2026.

For condominiums through July, closed sales increased 3 percent to 10,259 from 9,959. The YTD median sales price fell by $3,000 to $562,000 from $565,000. On average, sellers received about 99 percent of the original listing price.

 

U.S. Mortgage Interest Rates Flat

 

The average rate for the 30-year U.S. mortgage loan for the week ending August 27, 2026, was flat from the previous week, according to Freddie Mac’s weekly Primary Mortgage Market Survey. The 30-year, fixed-rate mortgage loan averaged 6.66 percent, up from 6.65 percent the prior week. The 30-year note averaged 6.56 percent a year ago.