Boston condo inventory numbers: January 24, 2006 – 2,360 Boston condos for sale. January 27, 2007 – 2,010 Boston condos for sale. January 24, 2008 – 1,607 Boston condos for sale. January 24, 2009 – 1,608 Boston condos for sale. January 23, 2010 – 1,548 Bosotn condos for sale. These numbers are based on MLS [...]

A third of homes listed for sale in the Boston area cut the sale price, putting the local market in the top 10 nationwide in terms of the percentage of listings with price reductions, according to real estate tracker Trulia. In Boston, 33 percent of homes on the market reduced prices an average 7 percent. [...]

Greater Boston Housing Report Card Shows City Is Less Affordable Than Ever. From B&T Despite a value decline of 18 percent since the peak of the real estate market in 2005, housing in Greater Boston is less affordable than ever, and that significantly threatens the region’s economic future. That was the conclusion of the 2009 [...]

Zillow claims the housing market is getting worse. Zip Realty thinks the numbers show that the housing market is getting better. Declining number of home listings in July is evidence that the U.S. housing market continues to stabilize according to ZipRealty. The U.S. housing market continues to show signs of stabilization with the fifteenth consecutive [...]

The following is from MLS Allston – Number of condos for sale 36 – Avg asking price $314,706.00 Back Bay – Number of condos for sale 274 Avg asking price $1,637,286.00 Beacon Hill – Number of condos for sale 95 Avg asking price $1,162,356.00 Brighton – Number of condos for sale 129 Avg asking price [...]

Boston condo sales inventory. July 11, 2009 – 2,128 Boston condos for sale. July 12, 2008 – 2,278 Boston condos for sale. July 14, 2007 – 2, 464 Boston condos for sale. In this “Great Recession” wouldn’t you think that the Boston condo inventory would be on the rise not in decline. Looking for Boston [...]

Scott Van Voorhis writes in this week’s Banker & Tradesman that the Bay State won’t see the steep home price drops that other parts of the country have seen, including communities in California. He points out that one of the reasons home prices are a bit more resilient here is that there hasn’t been the [...]

What can you get in Massachusetts for between $100,000 and $200,000? The number of single-family homes priced between $100,000 and $200,000 has climbed 20 percent. Roughly 1,660 homes in that price range traded from January through March, up from about 1,380 a year earlier. Foreclosures have put downward pressure on prices, so that has probably [...]

The Boston Business Journal has an article entitled: Buyers Wage Bidding Wars As Real Estate Bottoms Out. I would like to thank Bradley, a Boston Real Estate Blog Reader, for pointing this article out to me.

Today, I would like to have a blog post regarding Boston condo inventory. My purpose, to find out if certain price range condos have a shortage of inventory or a glut. But first, we need to set the ground rules. How would you like to see the breakdown of the inventory. For example should I [...]