Comparing the first 3Q’s of 2009 with 2008, Boston Proper condo sales are down 16.5%. However, the 3rd Q of 2009 showed some signs that we might have hit bottom, the number of Boston Proper condo sales were actually up. The 4th Q should be interesting with projected scheduled closing for the W and the Clarendon commencing this month.

The following compares quarterly Boston Proper condo sales of 2008 with 2009:

1st Q 2008
Listings: 422
Avg. $: $747,498
Median $: $519,400
Avg. $/SF: $608
Avg. DOM: 104

1st Q 2009
Listings: 331
Avg. $: $595,247
Median $: $407,500
Avg. $/SF: $524
Avg. DOM: 130

2nd Q 2008
Listings: 863
Avg. $: $651,752
Median $: $483,812
Avg. $/SF: $596
Avg. DOM: 88.5

2nd Q 2009
Listings: 571
Avg. $: $618,166
Median $: $460,000
Avg. $/SF: $574
Avg. DOM: 110

3rd Q 2008
Listings: 865
Avg. $: $836,379.50
Median $: $472,600
Avg. $/SF: $636
Avg. DOM: 95.5

3rd Q 2009
Listings: 891
Avg. $: $589,337
Median $: $434,910
Avg. $/SF: $555
Avg. DOM: 90

What are your thoughts?

Source: Link. Neighborhoods the survey included: Back Bay, Beacon Hill, Charlestown, Fenway, Midtown, North End, Seaport, South Boston, South End, Waterfront, and the West End.

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Updated 2018

 

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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