Greater Boston’s median price for a single-family home jumped back over the million-dollar mark in April, landing at $1,032,500. That is roughly a 4 percent increase from April 2025 and almost a 10 percent leap from March, shrinking what was already a tight window for would-be buyers. With spring listings still limited, the region’s affordability gap is widening instead of easing.
According to the Greater Boston Association of REALTORS' April report, the median single-family sale price was $1,032,500, new single-family listings totaled about 1,783, and active single-family inventory sat at roughly 1,770 homes, down about 5.5 percent from last year. The brief also shows that new condominium listings rose and condominium inventory improved compared with last April. Those figures are compiled by the Massachusetts Association of REALTORS for the GBAR service area.
Inventory And Listings
The Boston Globe reported that roughly 2,700 condominiums were on the market in April and that the median condo sale price climbed to about $750,000. The Globe quoted GBAR president Joselin Malkhasian saying, “We are already seeing more homes come to market, and that trend is expected to continue,” hinting that a modest pickup in listings could roll into the summer.
Borrowing Costs And Buyer Pressure
Mortgage rates hovered in the mid-6 percent range in April, per Freddie Mac's weekly PMMS, and that keeps many homeowners reluctant to walk away from their lower-rate loans. The result is a market where even small gains in listings may not be enough to ease the competition for well-priced single-family homes.
Looking Ahead
The Greater Boston Association of REALTORS notes this is only the second time the region’s median single-family price has topped $1 million, after first crossing that line in June 2025 at $1,003,250, and its data show prices often peak in or around June. If the expected flow of new listings materializes, price growth could cool later in the season, but for now buyers are still navigating a market that remains firmly tilted toward sellers.
