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Rents in Beacon Hill continued their downward spiral in October, even as the number of apartments on the hill began to wane.

In downtown/Midtown Boston, the median list rent price is $4,571, a slight drop since September. The number of listings sunk to 126. It’s the second consecutive month where inventory declined in the downtown Boston real estate area.

Boston Seaport saw a similar decline in both prices and inventory. 

In Back Bay, prices dropped more substantially. Inventory shrank by a mere 2 percent to about 4,571 apartments.

A relationship between asking price and inventory was not clear from the data.

Ford Realty also looked at which brokerages had the biggest market share of active rental listings last month.

Compass and Coldwell Banker agents represent the lion’s share of available rentals. Rounding off the top five after Compass and Coldwell Banker would be Gibson Sotheby’s, Keller Williams and South End Realty

Boston Real Estate Search

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