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.
SEARCH BOSTON CONDOS FOR SALE AND RENT
- Back Bay
- Beacon Hill
- Charlestown Navy Yard
- Dorchester Heights
- Jamaica Plain
- Leather District
- Seaport District
- South Boston
- South End
For more information please contact one of our on-call agents at 617-595-3712.