One method in predicting the future of the Boston downtown real estate market is to view the latest job employment reports.

Boston: June 2019 Job Market Report

Methodology: The Glassdoor Job Market Report provides a real-time view of hiring trends and wage growth across the U.S. based on millions of online jobs and salaries. To count job openings, we collect millions of job postings from high-quality online sources including jobs listed on company career sites and applicant tracking systems. Year-over-year comparisons are against the same month in the previous year.

To report pay, we apply a proprietary machine-learning algorithm that estimates median annual base pay for full-time workers. Year-over-year estimates for median salary growth are based on 3-month moving averages. Median base pay is presented in nominal dollars and is not adjusted for inflation or seasonality.
Metro areas are based on U.S. Census Bureau “core-based statistical areas” (CBSAs). June 2019 figures are current as of June 20, 2019.

Boston Quick Facts

June 2019YoY
Boston Open Jobs146,1525.8%
U.S. Open Jobs5,646,9201.4%
Boston Median Pay$ 61,9582.7%
U.S. Median Pay$ 53,4111.7%

Open Jobs by Industry

Open JobsYoY
Accounting & Legal1,14211.8%
Aerospace & Defense2,1002.0%
Architecture & Civil Engineering7723.9%
Arts & Entertainment71215.3%
Automotive1,010-23.7%
Banking & Financial Services3,971-8.0%
Beauty & Fitness1,98743.4%
Biotech & Pharmaceuticals6,120-0.8%
Business Services283-23.6%
Computer Software & Hardware6,5922.9%
Construction892-11.2%
Consulting2,6199.9%
Consumer Electronics218-26.8%
Education & Schools7,908-3.2%
Energy & Utilities1,069-2.5%
Facilities7981.9%
Government1,43645.4%
Health Care & Hospitals24,603-2.1%
Information Technology4,38416.9%
Insurance1,8064.6%
Internet & Tech1,678-47.4%
Manufacturing4,951-3.3%
Marketing & Advertising1,624-6.6%
Media & Publishing426-1.4%
Nonprofit3,76110.7%
Private Security61023.0%
Real Estate950-0.7%
Restaurants & Bars7,211-5.2%
Retail7,983-2.7%
Supermarkets1,546-2.4%
Telecommunications765-8.8%
Transportation & Logistics2,77834.0%
Travel & Tourism1,783-18.4%
Wholesale551-16.8%
Other39,113
Total146,1525.8%

Open Jobs by Employer Size

Open JobsYoY
<5116,48020.6%
51-20014,14011.2%
201-50013,48014.9%
501-100010,240-8.0%
1001-500027,380-2.6%
5000+50,860-0.0%
Other13,58037.3%
Total146,1525.8%

View these Boston condos for sale before they go Under Agreement


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Boston Downtown real estate for sale under $2,000,000


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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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