We’re used to the rapid increase in speed in just about everything around us. Absolutely positively overnight is mostly too slow for many industries now, including the Boston condo for sale market.
It takes discipline, then, a commitment in going the extra yard. Make sure the Boston real estate agent you hire understands this.
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Where is Ford Realty Located?
Ford Realty is located in 137 Charles Street in Beacon Hill
April was another strong month for home sales in Massachusetts. According to the Massachusetts Association of Realtors April Housing Data Report, increased sales and record low inventory means the busy spring market may last well into summer.
Homebuyers continued to contend with multiple-offer situations, which are still driving sales above asking prices. The median sales price for single-family homes continued to rise, up 9% from March to $529,000. The median sales price for condominiums rose 5.5% to $485,000, according to the report.
Year over year, single-family home listings increased 70.1%, and condo listings were up 124.8%, according to the report, which also showed an 11.5% increase in single-family home sales and a 46.9% increase in condo sales.
Boston Condo Sales Rising
There were 3,923 closed single-family sales in April and 6,721 new listings, compared to 3,385 closed sales and 5,804 new listings in March. April condo transactions grew to 2,109 closed sales and 3,394 new listings, compared to March’s 1,959 closed sales and 3,040 new listings.