The Globe has a story out today about the +$1 million market in Massachusetts.

Sales of single-family homes priced at $1 million and above have surged 9.6 percent so far this year, compared with a 5 percent decline in sales of homes under $1 million, according to Warren Group, a Boston publisher of real estate data and news.

(A five percent drop is a “slump”? but, I digress …)

What about within the city of Boston?

2004 sales, $1 million-$2 million: 321
2005 sales, $1 million-$2 million: 326
2006 sales, $1 million-$2 million: 304
2007 sales (to date), $1 million-$2 million: 247

2004 sales, +2 million: 72
2005 sales, +2 million: 95
2006 sales, +2 million: 75
2007 sales (to date), +2 million: 85

In a word, strong. Although the $1 million – $2 million market may end up off around 10%, I’d say we’re looking at a very strong market for million-dollar plus properties.

Source: Listing Information Network, Inc.

More: Amid housing slump, high-end boom – By Kimberly Blanton, The Boston Globe

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Updated: 1st Quarter 2018

Author Profile

John Ford
John Ford

Over the course of 20 years in the Boston downtown real estate market, John represented and sold numerous, condominiums, investment and development properties in Greater Boston and in the surrounding suburbs

In addition to representing Boston condo buyers and sellers, John is currently one of the most recognized Boston condo blog writers regarding Boston condominiums and residential real estate markets. John's insights and observations about the Boston condo market have been seen in a wide variety of the most established local & national media outlets including; Banker and Tradesman, Boston Magazine The Boston Globe, The Boston Herald and NewsWeek and Fortune magazine, among others.


For over 24 years, John Ford, of Ford Realty Inc., has been actively involved in the real estate industry. He started his career in commercial real estate with a national firm Spaulding & Slye and quickly realized that he had a passion for residential properties. In 1999, John entered the residential real estate market, and in 2000 John Started his own firm Ford Realty Inc. As a broker, his clients have come to love his fun, vivacious, and friendly attitude. He prides himself on bringing honesty and integrity to the entire home buying and selling process. In addition to helping buyers and sellers, he also works with rental clients. Whether you’re looking to purchase a new Boston condo or rent an apartment, you’ll quickly learn why John has a 97% closing rate.


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John Ford and his staff can be reached at 617-595-3712 or 617-720-5454. Please feel free to stop by John's Boston Beacon Hill office located at 137 Charles Street.

John Ford
Ford Realty Inc
137 Charles Street
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