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 2019 | YoY | |
---|---|---|
Boston Open Jobs | 146,152 | 5.8% |
U.S. Open Jobs | 5,646,920 | 1.4% |
Boston Median Pay | $ 61,958 | 2.7% |
U.S. Median Pay | $ 53,411 | 1.7% |
Open Jobs by Industry
Open Jobs | YoY | |
---|---|---|
Accounting & Legal | 1,142 | 11.8% |
Aerospace & Defense | 2,100 | 2.0% |
Architecture & Civil Engineering | 772 | 3.9% |
Arts & Entertainment | 712 | 15.3% |
Automotive | 1,010 | -23.7% |
Banking & Financial Services | 3,971 | -8.0% |
Beauty & Fitness | 1,987 | 43.4% |
Biotech & Pharmaceuticals | 6,120 | -0.8% |
Business Services | 283 | -23.6% |
Computer Software & Hardware | 6,592 | 2.9% |
Construction | 892 | -11.2% |
Consulting | 2,619 | 9.9% |
Consumer Electronics | 218 | -26.8% |
Education & Schools | 7,908 | -3.2% |
Energy & Utilities | 1,069 | -2.5% |
Facilities | 798 | 1.9% |
Government | 1,436 | 45.4% |
Health Care & Hospitals | 24,603 | -2.1% |
Information Technology | 4,384 | 16.9% |
Insurance | 1,806 | 4.6% |
Internet & Tech | 1,678 | -47.4% |
Manufacturing | 4,951 | -3.3% |
Marketing & Advertising | 1,624 | -6.6% |
Media & Publishing | 426 | -1.4% |
Nonprofit | 3,761 | 10.7% |
Private Security | 610 | 23.0% |
Real Estate | 950 | -0.7% |
Restaurants & Bars | 7,211 | -5.2% |
Retail | 7,983 | -2.7% |
Supermarkets | 1,546 | -2.4% |
Telecommunications | 765 | -8.8% |
Transportation & Logistics | 2,778 | 34.0% |
Travel & Tourism | 1,783 | -18.4% |
Wholesale | 551 | -16.8% |
Other | 39,113 | |
Total | 146,152 | 5.8% |
Open Jobs by Employer Size
Open Jobs | YoY | |
---|---|---|
<51 | 16,480 | 20.6% |
51-200 | 14,140 | 11.2% |
201-500 | 13,480 | 14.9% |
501-1000 | 10,240 | -8.0% |
1001-5000 | 27,380 | -2.6% |
5000+ | 50,860 | -0.0% |
Other | 13,580 | 37.3% |
Total | 146,152 | 5.8% |
View these Boston condos for sale before they go Under Agreement
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Beds 2 | 1
Baths 2,275
SqFt #73212037 | Condo 2
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SqFt Open House: Mar 24, 2024 12:30 PM - 1:30 PM #73211963 | Condo © 2024 MLS Property Information Network, Inc. (MLSPIN). All rights reserved.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third-party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, noncommercial use of consumers having a good faith interest in purchasing, leasing, or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein. MLS PIN data last updated at March 18, 2024 8:25 PM ET
Beds
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SqFt
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third-party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, noncommercial use of consumers having a good faith interest in purchasing, leasing, or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
Boston Downtown real estate for sale under $2,000,000
Get new listing alerts delivered to your inbox. 165 Results 2
Beds 2 | 1
Baths 1,356
SqFt #73201064 | Condo 1
Beds 1
Baths 900
SqFt #73191698 | Condo 2
Beds 2 | 1
Baths 1,351
SqFt #73190323 | Condo © 2024 MLS Property Information Network, Inc. (MLSPIN). All rights reserved.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third-party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, noncommercial use of consumers having a good faith interest in purchasing, leasing, or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein. MLS PIN data last updated at March 18, 2024 8:25 PM ET
Beds
Baths
SqFt
Beds
Baths
SqFt
Beds
Baths
SqFt
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third-party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, noncommercial use of consumers having a good faith interest in purchasing, leasing, or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.