MELROSE — The median price of a single-family home sold in the city last month was over $1 million.
Again.
According to the latest report from The Warren Group, a leading provider of national real estate and transaction data, 16 single-families sold in Melrose in April 2025 and fetched a median price of $1,050,000. In April 2024, 11 single-family houses were sold at a median price of $925,000.
According to The Warren Group, there were 36 single-families sold in Melrose during the first four months of 2025, down from 41 sold in the same period the year before. The median price of the homes sold from January through April 2025 was $902,500. The median price of the homes sold in the same period in 2024 was $865,000.
Melrose is used to seeing $1 million home sales. In January 2025, the median price of a single-family home sold in the city was $1,050,000, the same as last month.
Across the state, the median single-family home price was $630,000 in April 2025, an increase of 3.3 percent over April 2024, according to The Warren Group.
In April, there were 3,107 single-family home sales in Massachusetts, nearly even with April 2024 when there were 3,113 transactions. Meanwhile, the median single-family home price increased 3.3 percent on a year-over-year basis to $630,000.
There were 10,348 single-family home sales in the first four months of 2025, a 2.1 percent increase from 2024. The median single-family home sale price increased 4.3 percent on the same basis to $600,000.
“The number of single-family home sales in April was only four less than April 2024, so just about even with last year,” said Cassidy Norton, associate publisher and Media Relations director of The Warren Group. “Hopefully that’s an indication that the number of homes on the market is increasing and easing the inventory crunch somewhat.”
Condominiums
There were 1,723 condominium sales in April 2025, compared to 1,613 in April 2024 – a 6.8 percent increase. Meanwhile, the median condo sale price increased 1.4 percent on a year-over-year basis to $539,990, up from $532,500 in April 2024.
There were 5,377 condominium sales in the first four months of 2025, a 5.6 percent increase from 2024, in which there were 5,064. Meanwhile, the year-to-date median sale price increased 1.6 percent from 2024 to $533,475.
“After a drop in year-over-year condo sale prices in March, the market came roaring back in April with a 6.8 percent increase over April 2024,” Norton continued. “The median sale price increased slightly to $539,990, a record high for the month of April.”
In Melrose, six condos sold last month for a median price of $467,550. Through the first four months of 2025, 20 condos have sold for a median price of $467,500, according to The Warren Group.
Greater Boston single-family homes
There were 1,505 single-family home sales in the Greater Boston housing market in April 2025, which marked a 1.1 percent decrease from April 2024, when there were 1,521 transactions. Meanwhile, the median single-family sale price increased 5.3 percent on a year-over-year basis to $800,000. Year-to-date, there were 4,824 single-family home sales in the Greater Boston housing market in 2025 – up 1.9 percent from 2024 – with a median sale price of $765,000 – up 6.1 percent from 2024.
Greater Boston condominiums
In April, there were 1,244 condo sales in the Greater Boston housing market, up from 1,187 sales in April 2024, marking a 4.8 percent increase. Meanwhile, the median condo price increased 4.4 percent on the same basis to $629,000, up from $602,500 a year earlier. Year-to-date, there were 3,809 condo sales in the Greater Boston housing market in 2025 – up 2.7 percent from 2024 – with a median sale price of $625,000 – up 2.5 percent from 2024.