Jennifer Athas is asking: Where have all the condos gone?
From her Herald piece:
Boston is in the middle of a historic residential building boom — but where are the condos?
Tracy Campion, owner of Campion and Company, a Boston luxury residential brokerage, said inventory in the city is dramatically low.
“Many buyers come to town and we don’t have enough products for them to buy,” she said.
Boston’s condo inventory is down to anemic levels with only 617 condominium units on the market for sale, according to MLS PIN. The last time the Hub went below 1,000 available condominiums for sale was in the 1990s.
Unfortunately, a slew of new condos won’t be coming on the market for a while. Hopefully, that will change, as builders realize the demand now is just as much for condos as it is for apartments.
And what the heck. Below is The Searchers singing “Where Have All the Flowers Gone?”
Enjoy. And have a great weekend!
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Updated: January 2018