Boston Condos for Sale are Moving Towards a More Balanced Market

Predicting how the real estate market will perform is like looking into a crystal ball. So, the best way to forecast how 2019  is by taking a look back at trends from the previous year.

2019, New Market

Last year truly was split down the middle with two distinct tales. The first half of the year kicked off with the same flurry of Boston condos for sale excitement . By late 2018, Boston condo for sale inventory jumped. At that time, the adjustment formally commenced and, since, conditions have been moving toward a more balanced market.

Home Sellers are Still in Control, with One Exception

Despite what feels of a market shift, Boston midtown condo sellers are still in control in all housing price ranges

Surprisingly, Home Prices Continued to Rise

With home sales evening out and inventory up, it might not make a lot of sense for Boston condo for sale prices to be up, but they continued to rise..

Notably, though, with more competition, many downtown Boston condo sellers have recently had to make price reductions for the first time in years.

Conclusion

Overall, a more balanced market is a good thing as we are shifting to a bit more normalcy. The Boston Beacon Hill condo housing market is still hot, albeit inventory is starting to rise which offers exceptional opportunities for homebuyers and sellers alike.

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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