By the Numbers: Why 2026 is the Year of the Balanced Buyer

February 17, 2026

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Market Pulse: January 2026


The Big Picture

Confidence is climbing as we enter the first quarter. Both buyer and seller traffic expectations have seen year-over-year gains, signaling a more active spring market than last year.

Buyer Dynamics

  • First-Time Buyers: Represented 31% of the market, up from 28% last year, likely buoyed by improved affordability.

  • Contingencies: A notable shift toward a balanced market is emerging. Buyers waiving inspections dropped to 12% (from 18% last year), and waived appraisals fell to 15%.

  • Cash is King: All-cash sales remain a significant force at 27%.

 

Summary of data from the latest Realtor Confidence index

Seller Insights

  • Offer Velocity: Homes are receiving an average of 2.2 offers, down from 2.6 a year ago—suggesting a less frantic pace for high-end acquisitions.

  • Price Resilience: Despite more breathing room for buyers, 16% of homes are still selling above list price.

  • Time to Close: The median “days to close” remains steady at a crisp 30 days.
    Cover page of the Realtor Confidence Index report from the National Association of Realtors provided by Michael Mahoney a Boston realtor

    Open the full report here

The “Quick Snapshot” Edit: 2026 Spring Outlook 🥂

The January market data is in, and the narrative is shifting. For my clients navigating the upper-end market, the “frantic” era is evolving into one of calculated opportunity.

The takeaway: Buyer confidence is up, yet the market is finding its balance. We’re seeing a significant drop in waived contingencies—inspections and appraisals are back on the table for many. This is a win for buyers seeking due diligence without losing the deal.

By the numbers:

  • 31% of the market is now driven by first-time buyers.

  • 27% of transactions remain all-cash.

  • 12% only are waiving inspections (a 6-point drop from last year).

    Data about first time home buyers from the Realtor Confidence Index report provided by the National Association of Realtors

More data from the Realtor Confidence Index report

In Boston’s luxury corridors, quality inventory remains the priority. Whether you’re eyeing a Beacon Hill brownstone or a Seaport penthouse, the data suggests a more “civilized” negotiation environment this season.

Ready to find your next chapter? Let’s look at the inventory together.

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If you want to know exactly how much inventory is available in your specific Greater Boston neighborhood, reach out today.