Boston Condos for Sale and Apartments for Rent

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Lets inspect the Boston condo inventory numbers

The number of homes available to buyers climbed 18.7% in June, the sharpest year-over-year increase in the history of the Realtor.com Monthly Housing Trends Report.

While active listings increased, so did prices. The median home price in the report increased 16.9% to $450,000, compared to June 2021.

Boston Condo for Sale Inventory Lacking

In the Boston-Cambridge-Newton region, the median listing price increased 8.6% year over year to $759,000, while active listings increased by just 0.4%, well behind the national trend.

Compared to June 2021, active inventory increased in 40 of the 50 largest U.S. metros, led by Austin, Texas (+144.5%), Phoenix (+113.2%) and Raleigh, N.C. (+111.7%). 

“While we anticipate that more inventory will eventually cool the feverish pace of competition, the typical buyer has yet to see meaningful relief from quickly selling homes…”

Updated: Boston Real Estate Blog 2022

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Boston condos
Boston condos

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Today, I would like to have a blog post regarding Boston condo inventory. My purpose, to find out if certain price range condos have a shortage of inventory or a glut. But first, we need to set the ground rules. How would you like to see the breakdown of the inventory. For example should I start $200,000 – $300,000 and move up to $301,000 – $400,000 ect…

Second option could be to group the price inventory on a larger spread. For example:

$300,000 – Less

$301, 000 – $600,000

etc….

Looking for ideas?

If you would like to see today’s new Boston condo inventory click on our new and improved Boston real estate web site