We’re still in a super sellers’ market in Boston when it comes to luxury condos. And the average citywide house price, year-to-date, is just under $900,000 So it takes some serious strategizing, compromising and an open mind when it comes to finding a Boston condo for under $500,000
What’s the key? Go beyond buyer-saturated neighborhoods like Back Bay, Beacon Hill or Boston Downtown/Midtown and hit up the less obvious areas. But make no mistake: Condos in these neighborhoods are fetching multiple offers and over-asking prices.
But if you approach your purchase the right way, your offer could be the one that prevails.
Here’s how the market looks as of today:
Total number of Boston condos for sale – 831
Total number of condos under $500,000 – 130
Above $1,000,000 – 356
Above $2,000,000 – 156
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