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Is Boston Housing Market Cooling?

Boston shows selective cooling and normalization signals rather than a single citywide trend. 20 of 28 tracked ZIPs (71%) show the current cooling flag. 2 of 28 ZIPs (7%) show faster inventory growth. The median tracked ZIP records about 58 pending homes per 100 new listings.

Key stats

  • 20 of 28 tracked ZIPs (71%) show the current cooling flag.
  • 2 of 28 ZIPs (7%) show faster inventory growth.
  • The median tracked ZIP records about 58 pending homes per 100 new listings.
  • The metro income-needed indicator changed 0.60% year over year.
Tracked ZIP markets
28
Median ZIP home value
$815,935
Median ZIP rent
$3,297
cooling share
20 of 28 tracked ZIPs (71%) show the current cooling flag.
inventory growth share
2 of 28 ZIPs (7%) show faster inventory growth.
median pending flow
The median tracked ZIP records about 58 pending homes per 100 new listings.

How broad is the cooling in Boston?

20 of 28 tracked ZIPs (71%) show the current cooling flag. 2 of 28 ZIPs (7%) show faster inventory growth.

Sources and method

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