Keller Williams Realty Boston Northwest - Mike McPherson, REALTOR®

Monthly Market Insights for September 2023

September 2023

Market Insights September 2023

Single-Family Homes

The 752 homes sold this month was the tenth highest sales total for the month of September in Greater Boston, and was a 32.3 percent decrease in sales volume from the September 20212 sales total of 1,110 Additionally, the median sales price reached a new record high price for the month of September at $849,950 which is a 11.7 percent increase on the September 2022 median sales price of $761,000.

Condominiums

With 686 condos sold in September, it was the lowest sales total in September since 2011, as the market experienced a 8.4 percent decrease in sales volume from the 749 units sold in September 2022. The median sales price for condo rose 8.0 percent from $630,000 in September 2022 to $680,500 this year, a record-high for the month.

Multi-Family Homes

This month, 154 multi-family homes were sold in Greater Boston, which reflects a16.7 percent decrease in sales from the185 units sold in September 2022.

Data provided by MLSPin and the Greater Boston Association of REALTORS®