Boston Real Estate for Sale

Is it a good time to sell my Boston condominium?

Boston Condos for Sale and Apartments for Rent

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Is it a good time to sell my Boston condominium?

Boston condos

Boston condos

I hear this inquiry frequently. “Would it be advantageous to market my Boston dwelling right now?” The response is affirmative. Despite the sizable interest rates in the range of 6.5 to 7 percent, both cash purchasers and those obtaining mortgages are buying up properties.

The condominium market in Boston is maintaining a constant rate of sales, although it has decreased from its peak the previous year.

For those with enough money to purchase a property outright and not concerned with high rates of interest, the response to the inquiry ‘Is this a decent time to pick up a condo in Boston?’ is obvious.

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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.

4 steps to sell your house fast - AZ Big Media

  1. SEARCH BOSTON CONDOS FOR SALE & RENT

Updated: Boston Real Estate Blog 2023

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