Home sales increased statewide last month, but dipped in the greater Boston market, according to The Warren Group’s most recent market report.

Massachusetts saw 2,460 single-family home sales in March, a 4.2% increase from 2024, while the median price of a single-family home increased 3.4% year over year to $600,000.

Condo sales and the median condo sale price dipped 3% and 1.5%, respectively. The median price for a Massachusetts condo hit $542,000 in March, down from $550,000 a year ago.

Greater Boston

Last month, home sales in greater Boston decreased 5.8% to 1,145. The median price of a single-family home increased 2.2% year over year, reaching $756,000.

Greater Boston saw a 3.3% increase in single-family home sales. In March, 3,319 single-family homes sold, fetching a median sale price of $750,000, up over $40,000 from 2024.

Condo sales, meanwhile, decreased 8.7%, with 982 sales. The median condo price increased 1.6% to $650,000.

“Though the number of single-family home sales declined slightly on a year-over-year basis, the
number of year-to-date sales is up versus 2024,” said Cassidy Norton, Associate Publisher and
Media Relations Director of The Warren Group. “Hopefully that’s an indication that the number of homes on the market is increasing and easing the inventory crunch somewhat. Given the current state of the federal government, it’s impossible to predict what interest rates will do, or whether inflation will continue to constrain the buying power of prospective homeowners.”