Boston, MA 02215 Real Estate Market Report

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

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

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The neighborhood's median sold price is 890,700, serving as the primary indicator of recent transaction-level market value and, with neutral market temperature, suggests stable valuation support amid a broader cooling trend.
2. A pronounced gap between the median listing price of 634,000 and the median sold price of 890,700 may indicate pricing friction or atypical sample composition and appears to signal seller expectations diverging from closed transaction values rather than a straightforward market-wide premium.
3. The lengthy median days on market of 390 points to slower sales velocity and, when combined with the sample’s characterization of supply, suggests a relatively constrained active supply that may prolong time-to-contract for new listings; this slower liquidity dynamic appears to pressure transaction cadence.
4. Financing and rental context matter: current local 30-year fixed mortgage rates average 6.63%, and with rent year-over-year trend listed as up, landlords and buyers should consider moderate interest rate pressure on affordability and holding-cost assumptions when pricing or underwriting deals.

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.