Boston, MA 02108 Real Estate Market Report
ZIP Code: 02108
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.
Market Overview
This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Market Metrics
Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Rental Market
Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.
Property Taxes
Liquidity & Velocity
Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.
Market Trends & Context
Understanding Market Temperature
A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.
Key Findings
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The neighborhood's representative recent sale is $6,247,500 and, relative to the $7,650,000 median listing price, this suggests a meaningful gap between asking and transaction levels that may indicate seller pricing aspirations exceed realized market value.
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The neighborhood's representative recent sale is $6,247,500 and the market shows slower sales velocity with a median days on market of 365, combined with elevated inventory relative to sales activity, which may indicate more negotiation leverage for buyers.
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The neighborhood's representative recent sale is $6,247,500 and price pressure appears modestly favorable to sellers on a per-unit basis given a median price per square foot of 1,602 while overall market balance is neutral, suggesting selective competition in prime SFR locations but more options in condominium segments.
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The neighborhood's representative recent sale is $6,247,500 and income-market signals are mixed: median market rent of 3,225 is present even as rent is trending down, while interest rate pressure is elevated, a combination that may constrain investor yield expansion and moderate buyer demand.
Notable Properties
The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold at market average
Sold at market average
Sold below market average
Representative market sale establishing baseline for properties in the core neighborhood.
Sold below market average
Sold below market average
Sold below market average
Boston, MA 02108 Real Estate Market Report
ZIP Code: 02108
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.
Market Overview
This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Market Metrics
Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Rental Market
Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.
Property Taxes
Liquidity & Velocity
Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.
Market Trends & Context
Understanding Market Temperature
A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.
Key Findings
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The most reliable indicator of recent transaction activity is the neighborhood's median sold price of $1,297,450, which frames market value for SFR and condo transactions and suggests that recent closings are concentrated around that realized price level rather than asking expectations.
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There is a notable gap between the median listing price of $2,772,500 and the median sold price of $1,297,450, which may indicate pricing friction and seller ask above transaction reality; buyers appear able to secure deals below headline asking levels in some segments.
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The market shows slow sales velocity with a median days on market of 324, which, together with the reported neutral market temperature, suggests balanced but sluggish liquidity where transactions occur but require patience.
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Price momentum is positive with prices year-over-year up while rent trends are down and interest rate pressure is elevated; this combination implies tighter financing conditions that could moderate demand even as sale prices trend upward, and it warrants caution for leveraged buyers and investors.
Notable Properties
The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Sold below market average
Sold above market average
Sold above market average
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold below market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.5% rate, 0.9% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 5/1/2026
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