Bay State condo sales have been dragging for the last four years.

Condo sales peaked in 2005, when 32,907 condos traded. About half that amount – only 15,308 condos – have been sold in the first 10 months of 2009, according to The Warren Group.

The last two months have offered some hopeful news. Unit sales increased year-over-year in September and October.

In fact, The Warren Group reports today that condo sales statewide jumped 12 percent to 1,854 in October from 1,655 in October 2008. Still, sales are 13 percent below what they were a year ago.

There is one Boston town bucking that downward trend. Roslindale, condo sales transactions rose 37 percent from 2008 levels.

I’m sure I can find more Boston neighborhoods that are bucking the downward condo sales trend, it just might take me a couple of days, Weeks………err…months.

Source: Banker & Tradesman

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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