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Numbers of new listings at the very high end of the Greater Boston home-sale market are on the rise, even as sales totals lagged in the market’s traditional downtown-area core in the first quarter.

New data from Redfin covering Essex, Middlesex, Norfolk, Plymouth and Suffolk counties shows a combined 8.1 percent year-over-year uptick in the number of new single-family and condominium listings priced in the top 5 percent of the market during the first quarter of this year.

The number of active listings was also up 7.3 percent, the brokerage and listings portal reported.

At the same time, numbers of new listings across the five-county Greater Boston region barely moved during the first three months of 2024, as compared to the first three months of 2023: 9,054 listings this year versus 9,020 listings last year, according to data reported by the Massachusetts Association of Realtors.

Essex and Norfolk counties saw the biggest increases in combined numbers of new single-family and condo listings, with a 2.94 percent increase in the former and a 3.94 percent increase in the latter, compared to 3.11 percent and 2.04 percent declines in Plymouth and Suffolk counties, respectively, and roughly a quarter-percent increase in Middlesex County.

Meanwhile, as Banker & Tradesman reported Sunday, the regional luxury market’s core in recent years – condos worth $1 million and up – in Boston’s core neighborhoods were down 11 percent year-over-year during the first quarter.

Redfin reported that, region-wide, sales of luxury homes were up 7.8 percent in the first quarter compared to last year, with a median sale price of $2.4 million.

Greater Boston Luxury Listings on the Rise

by James Sanna time to read: 1 min