Sales of single-family homes may have been flat in Massachusetts in December.
But condo sales soared by 15.29 percent last month, according to the Warren Group.
Prices for both single-family (up 3.7 percent) and condo units (7.3 percent) continued their rise as well in December, though not by the sharp upward spikes as seen in previous months.
Bottom line: The big price increases are moderating a bit, but they’re still increasing.
The big question: How much supply will there be this spring and how will it impact prices? The hunch here is that inventory will increase and prices will moderate a bit as a result.
Chart via Warren Group.
Back to Boston condos for sale homepage
Contact me to find out more about this property or to set up an appointment to see it.
SEARCH FOR CONDOS FOR SALE AND RENTALS
- Back Bay
- Beacon Hill
- Charlestown Navy Yard
- Dorchester Heights
- Jamaica Plain
- Leather District
- Seaport District
- South Boston
- South End
For more information please contact one of our on-call agents at 617-595-3712.
Updated: December 2017