---
title: Near Record Sales Activity in Boston’s Real Estate Market Last Month
description: The most recent market stats were just released for the month of September and showed near record sales activity for both condos and single family homes.
---

[CHARLESGATE Blog ](https://www.charlesgate.com/blog)

# [Near Record Sales Activity in Boston’s Real Estate Market Last Month](https://www.charlesgate.com/blog/2015/10/29/near-record-sales-activity-in-bostons-real-estate-market-last-month)

 Written by [Michael DiMella](https://www.charlesgate.com/blog/author/michael-dimella) | Oct 29, 2015 4:00:00 AM

The most recent [market stats](http://info.charlesgaterealty.com/boston-real-estate-market-statistics-and-trends) were just released for the month of September and showed near record sales activity for both condominiums and single family homes in Boston. The numbers can be attributed to a variety of factors that we have seen to close the Summer season including:

- Low mortgage rates
- Rising home values
- Healthy job market
- New listings to the market

We saw an increase in the demand from buyers throughout many Boston neighborhoods, with a **4.1% increase in condo sales** from 2014. For single family homes in the Boston area, this increase was a more significant 15% to 1,226 from 1,066 from the previous year. Even with an increase in volume, the market also saw an increase in median sales price in both sectors.

## Single Family Market

As you can see from the chart below, the median sales price increased 7.5% to $455,000 for single family homes. Inventory was historically lower than the previous year with Days on Market averaging about 2 months for a sale.

## Condo Market

Demand in the condo market remains strong, diminished only by the lack of inventory available for [buyers](https://charlesgaterealty.com/how-to-buy-a-home/) looking for a home. We especially see a lot of interest from [first-time buyers](http://info.charlesgaterealty.com/boston-home-buyer-class-sign-up) looking to convert from a rental property and overseas investors. Take a look at the stats for the condo market overall:

## Get a More In Depth Market Snapshot

Want to learn more about the most recent market stats and investigate neighborhood-level detail? We have compiled an extensive report that outlines individual stats for over 20 Boston neighborhoods. Download it now:

<http://cta-redirect.hubspot.com/cta/redirect/949/de2aa72a-b916-449b-8fc4-678122a1e33b>

 

 

[View full post](https://www.charlesgate.com/blog/2015/10/29/near-record-sales-activity-in-bostons-real-estate-market-last-month)

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