Massachusetts condo days on market rose 23.7 percent in four months, and prices slipped
Massachusetts condo days on market rose 23.7 percent in four months, and prices slipped
2026-09-10 · Massachusetts · Compliance · Reported — unconfirmed
Reported. The Massachusetts condominium market softened measurably through 2025, and the numbers matter to boards for a reason that has nothing to do with anyone's home equity: a slow market is where an association's paperwork problems become sale-killing problems.
Banker & Tradesman, reporting on MLS PIN data on 28 September 2025:1
- Average days on market for Massachusetts condominiums rose 23.7 percent from May to September 2025, reaching 73 days as of 17 September
- Median condo sale price fell 3.2 percent year over year in August 2025, to $600,000
- 18 percent of Greater Boston condominiums took price cuts in August 2025, against 17.1 percent in August 2024
- Inventory: 39.9 percent of active listings priced $250,000 to $599,000; 21.4 percent priced $600,000 to $700,000
Why condominiums move differently
Jonathan Miller of Miller Samuel, on rate sensitivity: “The price points of condos are generally lower…the lower the price, the more dependent on mortgage rates.”
Ryan Glass of Gibson Sotheby's, on the pricing lag: “It's extremely easy in the market right now to overprice your property. Sellers are typically about six to 12 months behind what's actually happening.”
The other number
Boston's median monthly condominium fee is $386, with nearly 30 percent of Boston condominium owners paying more than $500 a month.2 In a softening market, the monthly fee is a line a buyer's affordability calculation runs through, alongside the price.
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