Boston real estate
Boston condo inventory
The NYT has another article lamenting the drop in the number of homes for sale, and offered some reasons, like covid reluctance, sellers skittish about finding their next home, forbearance relief, the lack of building new homes, and people keeping their old home as an investment property when they buy a new one.
Its’s’ true that the number of new listings this year is behind where it was last year at this time.
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As has been the case for month after month – and now year after year – low Boston condo inventory for condominiums priced under $400,000 is the primary culprit for any sales malaise in the Boston condos market rather than lack of offers. There is strong demand for Boston condo buying, emphasized by higher prices and multiple offers on Boston luxury condos for sale, none of which is news to Boston residents. The Massachusetts Association of Realtor reports that new listings were down , however pending sales increased. The Median Sales Price was up for Boston high rise condos
Final Thoughts on the Boston condo market
Want to know what your Boston condo current market value is? Regardless of whether you are looking to sell or just curious about the market, I would be glad to assist you. I can be reached by cell o r test 617-595-3712 or via email at realtyford@ yahoo.com
Click the link below to view Boston condos for sale under $400k
View Boston condos for sale under $400,000
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