We’ve heard the advice so often it’s a cliché: The established, expensive neighborhoods are the ones that hold their value. But a look at closings signed from April to August reveals this economy’s truism: All bets are off. Areas like Back Bay and the Waterfront are struggling, although not as much, as their counterparts.

To the numbers, then. One excellent indicator of a neighborhood’s situation in the near future is how many closings are taking place there, because it measures both activity and ease of sale. And according to data compiled by LINK, between April and August the number of closings dipped both in Back Bay and the Waterfront, compared with the same period last year

Back Bay sales from 4/1/09 – 8/31/09 = 186
Back Bay sales from 4/1/08 – 8/31/08 = 254

Waterfront sales from 4/1/09 – 8/31/09 = 45
Waterfront sales from 4/1/08 – 8/31/08 = 141

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.


Back Bay

Beacon Hill

Charles River Park


North End

South End

Seaport District

South Boston



Surrounding Communities of Boston
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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