After a hot start to the year in January, Greater Boston single-family home sales and prices continued upward in February, according to statistics compiled by The Warren Group, a real estate data company.
Single-family home sales rose 6 percent to 943 in February compared to February 2024. The Warren Group analysis of Greater Boston includes 139 cities and towns within Interstate 495.
Through the first two months of the year, Greater Boston home buyers purchased nearly 9 percent more houses than during the same timeframe last year (2,173 vs. 1,999).
Condominium sales declined by three units to 774. Through February, sales climbed 9 percent to 1,583 from 1,447 during the same two-month period in 2024.
Home prices continued to climb. The median price of a single-family home rose six percent in February to $735,000 compared to $693,750 in February 2024. Statewide, the median house price reached $575,000 in February, up 5 percent. Through February, single-family home prices rose nearly 8 percent to $745,000.
Median condo prices also rose, reaching $600,000 in February, up 5 percent, compared to $571,000 in February 2024. Condominium prices increased almost 3 percent from January through February to $610,000 from $595,000 during the first two months of 2024.
NH House Prices Rise to Start 2025
The median price of a single-family house in New Hampshire rose 7 percent in February, reaching $510,000 from $475,000 in February 2024, according to data compiled by the New Hampshire Association of Realtors.
Through February, house prices jumped 11 percent to $510,000 compared to $460,000 during the first two months of 2024.
Condominium prices have been flat this year, increasing only $2,500 from February 2024 to $380,000 in February 2025. The median condo price was $400,000 during the first two months of 2024 and 2025.
New Hampshire single-family home sales grew by 5 percent in February and nearly 2 percent through February compared to the same time frames last year. Home buyers purchased 612 houses in February and 1,268 in January and February.
Condominium sales dropped to start 2025, falling 4 percent in February and 3 percent during the year’s first two months. Condo buyers purchased 220 units in February and 449 through February.
Rhode Island Home Prices Rise in February
The median price of a single-family house in the Ocean State increased 4 percent in February, reaching $455,500 from $440,000 in February 2024, according to data compiled by the Rhode Island State-Wide Multiple Listing Service.
In February 2023, the median house price was $384,000.
Condominium prices soared in February, jumping 22 percent to $400,000 compared to $328,000 in February 2024. In February 2023, the median condo price was $308,000.
Home buyers purchased 404 single-family homes in February, a 9 percent drop from February 2024’s 443 sales but 12 more than the 392 sales in February 2023.
Condominium sales rose 4 percent to 119, with only four more units sold than in February 2024. Home buyers purchased 83 condos in February 2023.
