Boston condos under agreement 1/22/15:
For Boston condos priced in the lower market from $150,000 to $299,999 there are presently four properties under agreement. The average time on the market for condominiums in this price range is 42 days.
In viewing the low to mid Boston condominium market of $300,000 – $599,999 there are currently fifty-one properties under agreement. The average amount of days on the market for an offer is 41.
Analyzing the Boston real estate mid to luxury market (600,000 – $999,999) there are currently forty-eight condominiums under agreement. The length of time to receive an acceptable offer is 69 days.
As expected as we enter into the high luxury condo market the number of sales decrease and the number of days for an acceptable offer increases. The following is a breakdown of the Boston condo market for $1,000,000 plus:
1.) $1,000,000 – $1,499,999 number condos under agreement 10, 50 days on the market to obtain an offer.
2.) $1,500,000 – $1,999,999 number of properties under agreement 6, and 98 days to obtain an offer.
3.) $2,000,000 – $2,499,999 presently 2 condominiums under agreement, with an average 38 days on the market.
4.) No properties currently under agreement in the price range of $2,500,000 – $2,999,999.
5.) No Boston condos under agreement priced from $3,000,000 – $3,999,999.
6.) Boston luxury condos priced from $4,000,000 – $5,000,000, 4 under agreement.
For more information on how to be a Boston condo owner please contact John Ford at 617-595-3712. You can also email at realtyford@yahoo.com
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SEARCH FOR CONDOS FOR SALE AND RENTALS
For more information please contact one of our on-call agents at 617-595-3712.
Updated: January 2018
