How Fast Do Homes Sell in Boston?

Boston’s real estate market is one of the fastest growing housing markets in the nation over the past decade. Median sales prices have consistently grown by near double-digit margins since 2015 thanks to a rapidly growing local population and a shortage of single-family homes. As a result, homes for sale in Boston tend to get snatched up quickly when they hit the market.

The median days on market for Boston real estate is 75 days over the past 12 months. That means the average sale in Boston from when the listing hits the market to when the closing occurs is around 2 and a half months. That is more than 20 days longer than the national median days on market, which is 53.5 days during the same time span.

If we analyze that same figure by neighborhood, we can see where homes stay on the market longest in Boston compared to others. Properties tend to sell very quickly in Cambridge (61 days), Medford (61 days), and Roslindale (62 days) compared to other areas. There are 11 neighborhoods where the median days on market is below 70 days: