Boston condo buyers battled it out for much of  2018 as prices ticked up in our sellers’ market.

The average price of a Boston condo jumped in price over the previous quarter, average citywide finding a Boston condo $500,000 is becoming more difficult. 

Here’s out list of Boston condos on the market in this price range:

Finding a house for under $1,000,000 is a challenge, with only a few neighborhoods offering such inventory. Buyers need to look in other areas if they realistically want to purchase a home in this range.

Cash sales only accounted for 17.5% of reported house sales, down from the 25% we’ve been seeing for the past few years. However, many buyers are writing offers with terms typically reserved for cash sales, such as waived financing and appraisal conditions.

The condo market remained relatively flat, with an average citywide price of $1,310,747. Buyers paid an average of $1,062 per square foot in the last quarter. In fact, two-bedroom condos sold for an average of $1,329,741, while one bedrooms were $835,78

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Buying a Beacon Hill condo for sale

 

Buying a Downtown/Midtown Boston condo for sale

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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