How many Boston condos are selling below asking price?
Boston Condos for Sale and Apartments for Rent
How many Boston condos are selling below asking price?
A majority of Greater Boston condos sold below their original list price, with one Redfin report highlighting that 52.9% did so. This trend reflects increased negotiating power for buyers due to factors like rising insurance costs, downtown condo fees, and high housing costs, although some neighborhoods show different market conditions. Luxury condo markets in areas like Midtown and Seaport are more likely to sell below asking, while neighborhoods like Jamaica Plain are seeing competitive offers above list price.
Key Factors in the Current Market:
- Increased Buyer Negotiation: Higher condominium costs and surging insurance and condo fees are pricing some potential Boston condo for sale buyers out, giving those remaining more leverage.
- Luxury vs. Affordable Markets: Boston luxury condos in areas like Seaport and Midtown are struggling, often taking longer to sell and selling below asking, while more affordable neighborhoods are seeing increased activity and bidding wars.
- Location Matters: The market is not uniform; performance varies significantly by neighborhood, with luxury areas often seeing softer sales than more affordable markets.
Boston downtown real estate for sale in South Boston
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Beds3 | 1
Baths2,140
SqFt#73400208 | CondoOpen House: Sep 13, 2025, 11:00 AM - 12:00 PM#73424918 | CondoOpen House: Sep 13, 2025, 11:00 AM - 12:30 PM#73325578 | Condo4
Beds2
Baths1,505
SqFtOpen House: Sep 13, 2025, 11:00 AM - 12:30 PM#73425840 | CondoOpen House: Sep 13, 2025, 11:00 AM - 12:30 PM#73402457 | CondoOpen House: Sep 13, 2025, 11:00 AM - 12:30 PM#73325815 | CondoOpen House: Sep 13, 2025, 11:00 AM - 12:30 PM#73420199 | CondoOpen House: Sep 13, 2025, 11:00 AM - 12:30 PM#73342266 | CondoOpen House: Sep 14, 2025, 12:00 PM - 1:00 PM#73385379 | Condo3
Beds3
Baths1,555
SqFt#73384829 | CondoOpen House: Sep 11, 2025, 5:00 PM - 6:00 PM#73427570 | CondoOpen House: Sep 13, 2025, 10:00 AM - 11:30 AM#73425520 | Condo© 2025 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 September 9, 2025, 8:58 PM ETView Boston condos for sale in South Boston. Updated in real-time.
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