There are so many stats that get thrown out in regards to the Boston condo market and people make a lot of assumptions based on those. Today I’m going to go over the real numbers to let you know exactly what is happening in our market.

One of the assumptions is that any Boston condo will sell. That couldn’t be more wrong. Just in the last 60 days, 77 downtown Boston condos have expired or been cancelled, or in other words, they failed to sell. That’s compared to 250 Boston proper condos that are fro sale on MLS. That’s a 30.8% failure rate which means  one out of every 3 condos failed to sell in our seller’s market.

If you look at any given street, homes will come on the market and sell for one price but on a different street, those same homes with the same floor plan will fail to sell. If you start to buy into the idea that you can work with an amateur, your home will be that one out of three homes that fails to sell. Even in this hot market, you need an expert working for you who has a proven process to sell condos

If you have any questions about selling your home or the real market numbers, don’t hesitate to give me a call or send me an email. I’m more than happy to help.

Contact me to find to set up an appointment to start your Boston condo buying process.

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Author Profile

John Ford
John Ford
EXPERIENCE

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.



HISTORY

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.

AREAS COVERED

Back Bay

Beacon Hill

Charles River Park

Downtown/Midtown

North End

South End

Seaport District

South Boston

Waterfront

Brookline

Surrounding Communities of Boston
Contact
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
Boston, Ma 02114

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