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Massachusetts Home Prices Rose in April as Sales Slowed
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Massachusetts Home Prices Rose in April as Sales Slowed

May 20, 2026 7:09:07 AM

Massachusetts home sales fell in April 2026, even as median prices moved higher, according to the Massachusetts Association of Realtors’ Monthly Indicators report.

Two-story blue colonial in Greater BostonWith not enough inventory to meet demand, many homebuyers, especially in Greater Boston, faced multiple-offer situations.

Single-family closed sales dropped 12 percent from April 2025 to April 2026. Sales statewide fell by more than 300, from 2,876 to 2,526.

The median single-family sales price nearly reached $700,000 in April, rising 5 percent from $660,300 in April 2025 to $695,000.

Inventory tightened, with homes for sale declining nearly 5 percent, from 7,106 in April 2025 to 6,783 in April 2026. Months supply, which measures how long it would take to sell the current inventory at the recent pace of pending sales, also decreased.

The single-family market had 2.0 months of supply in April, down from 2.1 months a year earlier.

Sellers received 100 percent of their original listing price on average, down from 101 percent in April 2025, indicating a competitive market for homebuyers but slightly less competitive compared to the year prior.

The condominium market showed a smaller decline in sales. Closed sales fell by 24 units (2 percent), from 1,446 to 1,422.

The median condo price increased 2 percent, from $553,500 to $565,000 in April.

The number of condominiums for sale in April grew by 14, rising from 4,399 to 4,413. Months of supply declined from 3.1 to 3.0.

Condo sellers received 99 percent of their original listing price in April, down from 100 percent in April 2025.

 

From January through April, Massachusetts sales declined

 


From January through April, the single-family market also recorded fewer sales but higher prices. Closed sales fell almost 9 percent, from 9,535 in 2025 to 8,725 in the same four-month timeframe in 2026.

The median sales price rose 3.3 percent, from $629,000 to $650,000. Sellers received almost 99 percent of their original listing price during the first four months in 2025 and 2026.

New listings, which measure how much new supply is coming onto the market from sellers during the reporting period, slipped in the single-family market. There were 15,089 new single-family listings through April, down 1 percent from 15,283 during the first four months of 2025.

The decline in new listings will likely contribute to continued tight inventory.

For condos, closed sales declined 4 percent, from 4,663 to 4,486, during the January through April period.

Through April, the median sales price fell nearly 2 percent, from $549,900 last year to $541,000.

Homebuyers paid, on average, 98 percent of the original listing price, down from 99 percent from January through April 2025.

New condo listings rose 5 percent during the first four months of 2026, from 8,563 in 2025 to 9,013.

Overall, the April data showed slower sales activity, continued price growth for April closings, and mixed inventory trends between single-family homes and condominiums. The slow sales are more about a supply shortage than a lack of motivated homebuyers. Throughout Greater Boston, well-priced homes are receiving multiple offers.

Topics: Real Estate Market, Massachusetts Home Prices, Massachusetts Association of Realtors

   

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