MA Home Prices Likely To Jump In March, Warren Group Says

MASSACHUSETTS — State housing experts expect to see a jump in price and home sales for March after home sale prices dropped slightly in February.

The Massachusetts median single-family home price reached a new all-time high for the month of January, rising 6.4 percent on a year-over-year basis to $585,000, according to a report from The Warren Group.

In February, the home prices fell back to $575,000, lower than January 2025 but higher than February 2024, when the median home sale price was $548,250.

There were 2,136 single-family home sales in Massachusetts in Feburary, a 4.2 percent increase from Feburary 2024, when there were 2,050 transactions.

“In a continuation of trends set at the end of 2024, the number of single-family home sales and the median sale price are both up slightly from a year before,” said Cassidy Norton, Associate Publisher and Media Relations Director of The Warren Group. “The median home sale price is down $10,000 from January, which is usual for the month-over-month period. Looking at previous patterns, March should see a jump in both the number of sales and the median price versus February.”

In Greater Boston, home sales and home prices increased. In February, 943 homes were sold in Greater Boston while 888 sold in 2024. The monthly media price for February 2025 was $735,000 compared to $693,750 last year.

The year-to-date price for February 2025 in Greater Boston now sits at $745,000.