Condo sales in the Hub are at their lowest point in eight years. A total of 2,888 condos sold through August. From 2004 to 2007, condo sales for that same period were averaging over 4,600, according to data collected by The Warren Group.

Sales in downtown Boston, which includes sought-after neighborhoods like Back Bay and Beacon Hill, totaled 1,023 in the first eight months of 2009 – which is the lowest number since 1995. (Although in 2001, there were 1,024 sales).

Developers of new unsold condominiums in Boston – like 45 Province, the Clarendon Back Bay, and the W Hotel and Residences – have to be nervous with numbers like that. I don’t think they’re going to be saying the words “sold out” in the near future.

If condo sales in a popular city like Boston are slumping, imagine what’s happening in other cities.

Source: Banker & Tradesman

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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