Boston condo for sale cancelation rate on the rise
South Boston Condos for Sale and Rent
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Boston condo for sale cancelation rate on the rise
In 2025, the cancellation rate for residential real estate deals in the Boston metro area (which includes condos) trended between 10.6% and 11.1%. This represents the percentage of pending sales that fell out of contract before closing.
Key Statistics
- August 2025: The cancellation rate was 11.1%, a slight increase from 10.2% in August 2024.
- July 2025: The rate was 10.6%, compared to 10.5% in July 2024.
- Market Context: These rates are lower than the national average, which saw approximately 15% of all home purchase agreements terminated in late 2025.
Primary Reasons for Cancellations
While specific data for only condos is often aggregated with broader residential trends, experts cite the following as leading causes for deals falling through in the Boston market:
- Financing Issues: Elevated mortgage interest rates have stretched monthly payments beyond buyer affordability, causing roughly 26% of contract failures nationally.
- Inspection Results: Home inspections remain a major hurdle, with roughly 21% of deal terminations linked to unsatisfactory reports.
- Rising Condo Costs: Increased condo fees and near-record sale prices have contributed to a growing gap between sellers and buyers, making buyers more likely to back out if negotiations stall.
Buying Conditions (January 2026)
As of early 2026, the Boston condo market has seen a surge in inventory. In late 2025, active condo inventory grew by 26.3% year-over-year. This increased supply provides buyers with more leverage to utilize contingencies—such as financing or home inspection clauses—to cancel a deal if terms are not met
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Boston condos for sale – Ford Realty Inc
Updated: Boston Condos for Sale Blog 2025
John Ford Boston Beacon Hill Condo Broker 137 Charles Street Boston, MA. 02114
Ford Realty Inc., Charles Street, Beacon Hill
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