Real Estate warnings about October sales data
Boston Condos for Sale and Apartments for Rent
Real Estate warnings about October sales data
October Sales Data 2023
Number of October Boston condo sales
The number of Boston condos that sold in October 2023 was down 14.6% versus October 2022.
My thoughts on the Boston condo for sale market
This is the sign that the Boston condo for sale market is entering rough waters ahead.
Boston condo for sale median sale prices
The median sale price for a Boston condo in October 2023 was $775,000 up 10.8% versus October 2022.
My thoughts on the median Boston condo for sale prices
Apparently, the Boston luxury market is elevating the median Boston condos sale prices for October. My concern is that with limited inventory and the recent rise in interest rates, first time home buyers are being priced out of the Boston condo for sale market.
