Massachusetts Home Sales Drop in February: Was Low Inventory to Blame?

Single-family home and condominium inventory fell at the end of 2025 and the beginning of 2026, making it harder for prospective home buyers to find and buy homes in Massachusetts. 

Single-family home inventory fell year over year in November 2025 (-11%), December 2025 (-14%), January 2026 (-14%), and February 2026 (-19%), according to the Massachusetts Association of Realtors. The number of condos on the market dropped in November 2025 (-4%), January (-9%), and February (-11%).

Supply of condominiums rose slightly in December, up almost 2 percent. In addition to a statewide decline in sales, The Warren Group reported weak sales in February in Greater Boston, defined as the 139 cities and towns within the Interstate 495 corridor.

The following sales and price information comes from The Warren Group, a publisher of real estate data, which released the figures on March 23, 2026.

How Much Did Massachusetts Single-family Sales Decline in February 2026?

Massachusetts single-family home sales in February declined to 1,969, an 8 percent decrease from 2,140 in February 2025. Through the first two months of the year, single-family home sales fell nearly 11 percent to 4,274 compared to 4,779 during the same period in 2025.

Did Massachusetts House Prices Rise or Fall in February 2026?

In Massachusetts, the median price of a single-family home in February declined about 1 percent to $570,000 from $575,000 in February 2025. From January through February, Massachusetts home buyers paid $595,000, nearly 3 percent more than $580,000 during the first two months of 2025.

Did Massachusetts Condo Sales Increase or Decline in February 2026?

Home buyers purchased more than 18 percent fewer condominiums in Massachusetts in February, going from 1,105 in February 2025 to 908 units sold last month, The Warren Group reported. Through February, there were 2,026 condo sales, more than 10 percent fewer than the 2,266 during the first two months of 2025.

Which Direction Did Massachusetts Condo Prices Go in February 2026?

The median condo price in Massachusetts fell more than 6 percent in February to $477,500, down from $511,000 in February 2025. 

From January through February, home buyers paid a median price of $505,500 for Massachusetts condominiums, down 4 percent from $525,000 during the same period last year.

Greater Boston Single-family Home Sales Fall in February 2026.

In Greater Boston, home buyers purchased 882 single-family homes in February, down 7 percent from the 946 sold in February 2026.

During the first two months of 2026, house sales fell 11 percent to 1,940. During the same timeframe last year, there were 2,181 sales.

Did Greater Boston House Prices Rise in February 2026?

The median price of a single-family home in Greater Boston in February remained over $725,000, but declined slightly by about 1 percent to $727,500. In February 2025, the median price was $737,338.

Through February, house prices were flat, slipping less than one-half percent to $748,000 from $750,000 during the same two months in 2025. For all of 2025, the median price of a single-family home reached $760,000.

Greater Boston Condo Sales Decline in February 2026.

Less than 700 condominiums changed hands in Greater Boston in February, The Warren Group reported. Home buyers purchased 687 units, down 11 percent from 774 condos sold in February 2025.

The first two months of 2026 saw weak sales as well, with the number of condos sold declining to 1,480, a more than 6 percent drop from the January-through-February period last year.

Have Greater Boston Condo Prices Fallen in 2026?

The median condo price in Greater Boston fell below $600,000 in February and during the first two months of 2026.

The median condo price in February was $559,000, a 7 percent decrease from $600,000 in Febbruary 2025.

From January through February, condo buyers paid a median price of $585,000, a 4 percent decline from $610,000 during the same period in 2025.