Each week, the Otis & Ahearn real estate company releases a Boston Downtown Condominium Weekly Report.

Included in their definition of “Downtown Boston” are the Back Bay, Bay Village, Beacon Hill, East Cambridge, Chinatown, Charlestown, Fenway, Leather District, Midtown, Navy Yard, North End, Seaport, South Boston, South End, West End, and Waterfront neighborhoods.

Otis & Ahearn collects its data from the Listing Information Network, Inc. (LINK) listing service (except for its East Cambridge data, which it compiles from both MLSPIN and LINK).

LINK data includes ALL sales within those neighborhoods, as reported at the Suffolk County Registry of Deeds (all sales, including those through real estate agents, directly by developers, and for-sale-by-owners).

According to their October 26th report, it looks as though Downtown Boston condominium sales should be 3rd-highest on record. There were more condominium sales in 2004 and 2005.

Average condo sales price is on track to beat every year, and median condo sales price is on track to beat all prior years, except for last year.

Sales volume has increased by over 5%, compared to 2006, and total sales in dollars has increased over 12%, compared to 2006.

The Otis & Ahearn report has much more data than what I’ve provided, including a breakdown of sales volume and prices by neighborhood.

It also includes data on all recent sales (including unit #s and prices) in Boston’s “luxury” buildings.

(And, sales data for some of Boston’s closest suburbs.)

Source: Otis & Ahearn Real Estate

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Updated: 1st Q 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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