April 2026 Greater Boston Market: Modest Gains, Tight Supply

After a slow start to 2026, Greater Boston real estate sales rose modestly in April, though year-to-date figures remain slightly behind last year’s pace.

According to data compiled by The Warren Group, which tracks 139 communities within the Interstate 495 corridor, the single-family and condominium markets are showing mixed results.

Single-Family Homes

• Sales: Rose 3 percent (48 units) year over year in April, but remain down 2 percent through the first four months of 2026.
  
  
• Prices: The median price increased 2 percent year over year in April to $815,000. Year-to-date, the median price is also up 2 percent, sitting at $779,750.
  

Condominiums

• Sales: Increased by nearly 3 percent (32 units) in April, but slipped 2 percent year-to-date compared to the first four months of 2025.
  
  
• Prices: Condos saw a price decline. The median price dropped 1 percent in April to $620,000. Through the first four months of the year, the median price has fallen 5 percent to $595,000.
  
  

Market Inventory: While sales have seen a slight April bump, inventory remains incredibly tight across Massachusetts. According to the Massachusetts Association of Realtors, April saw just two months of single-family supply and three months of condo supply statewide. For context, about five months of inventory is considered a balanced market between homebuyers and sellers.

U.S. Mortgage Interest Rates Dip

Average U.S. mortgage rates eased for the week ending June 4, 2026, offering a bit of relief for Greater Boston homebuyers, according to Freddie Mac’s weekly Primary Mortgage Market Survey.

The average 30-year, fixed-rate mortgage loan fell to 6.48 percent, down from 6.53 percent a week earlier and 6.85 percent a year ago.

The average 15-year, fixed-rate mortgage also declined to 5.79 percent from 5.87 percent last week. A year ago, the 15-year note averaged 5.99 percent.

Regarding Freddie Mac's latest mortgage interest rates data, don't assume that's the bottom line for your Greater Boston house hunt. Thanks to fierce competition among local and regional lenders and a historically strong pool of local borrowers, Massachusetts mortgage interest rates frequently undercut the national average. By shopping locally, qualified homebuyers can often secure a more favorable borrowing cost than the national numbers suggest.