Is it a good time to sell my Boston condominium?

For those of you who might be thinking it’s a good time to sell your Boston condominium, you are right. Inventory levels are at historically low levels right now. Yes, the sellers are back in control over the market currently especially under the $500,000 Boston condo range.. If you think you want to sell, the best thing you have going for you right now is the low inventory levels we have currently. You will be able to push your price a little and capture a bit of a premium because of the low inventory levels. If you are a buyer, you need to react quickly when you find a condo on the market you like because if you hesitate, you could lose out.

With that said, I believe buyers are being a little smarter this time around and not chasing deals with excessive multiple offer situations. In other words they are being much more patient. While they might not get the unit they want, this time around they are willing to wait for the right one to come along without getting into a bidding situation.



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