Over the last 10 years, the Boston metro condo market has moved from a period of dynamic growth to something of a recalibration phase thanks to the pandemic and historically high interest rates. According to the National Association of Realtors (NAR), as of early 2026, the average sale price for a Boston condo is around $1.1M—a staggering increase from the mid-$600,000s seen just a decade ago.

Looking Back

In 2015, the citywide median condo price hovered around $515,000. By 2018, it had climbed to $659,000. That trajectory continued through 2019, before COVID shifted demand toward the suburbs. By 2021-22, however, the market rebounded and bidding wars became routine across nearly every neighborhood.

Value vs. Luxury Zones

Today, the Seaport District leads the pack with two-bedroom units routinely commanding $1.8-$2.5M. Back Bay and Beacon Hill sit around $1.3-1.6M. Mid-tier favorites South Boston and Charlestown have climbed to around $905,000 and $935,000 respectively, while East Boston remains a value pick for those seeking waterfront units under $800,000, while Dorchester and Brighton remain the most accessible entry points at $572,000-$630,000.

Studio and one-bedroom units average between $650-$850,000; two-bedrooms in desirable neighborhoods routinely clear $800,000-$1.2M; three-bedroom units are rare and highly desirable, starting around $1.6M, and regularly exceeding $2M. 

While $5M+ trophy properties still sell for cash, units in the $2M–$4M range often sit on the market for 100+ days. So far, 2026 has seen some price softness in that mid tier—but a decade of chronic undersupply means prices will stay elevated for the near term.