First let me state, that I didn’t come up with the title for this blog post. The Boston Business Journal did. From the Journal:

While the sales pace is arguably slow, there are condo projects like 285 Columbus that are beating expectations. The housing collapse that has ravaged some communities has only grazed the high-end market in Boston, and the success of some small, deluxe condo projects speaks to the thin supply and decent demand in choice locations. Developers are making concessions, to be sure, but they’re not giving away the store.

While there are a substantial number of condos on the market, developers are by no means resorting to fire sales.

The average Boston sale price for condos over $1 million in the first eight months of last year was $1.89 million, according to The Warren Group, compared to $1.81 million for the same time period this year. From January to August of this year there were 149 condo sales in the $1 million-plus range compared to 276 during the same period in 2008.

File Under: Bradley this one’s for you.

Author Profile

John Ford
John Ford

Over the course of 20 years in the Boston downtown real estate market, John represented and sold numerous, condominiums, investment and development properties in Greater Boston and in the surrounding suburbs

In addition to representing Boston condo buyers and sellers, John is currently one of the most recognized Boston condo blog writers regarding Boston condominiums and residential real estate markets. John's insights and observations about the Boston condo market have been seen in a wide variety of the most established local & national media outlets including; Banker and Tradesman, Boston Magazine The Boston Globe, The Boston Herald and NewsWeek and Fortune magazine, among others.


For over 24 years, John Ford, of Ford Realty Inc., has been actively involved in the real estate industry. He started his career in commercial real estate with a national firm Spaulding & Slye and quickly realized that he had a passion for residential properties. In 1999, John entered the residential real estate market, and in 2000 John Started his own firm Ford Realty Inc. As a broker, his clients have come to love his fun, vivacious, and friendly attitude. He prides himself on bringing honesty and integrity to the entire home buying and selling process. In addition to helping buyers and sellers, he also works with rental clients. Whether you’re looking to purchase a new Boston condo or rent an apartment, you’ll quickly learn why John has a 97% closing rate.


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John Ford and his staff can be reached at 617-595-3712 or 617-720-5454. Please feel free to stop by John's Boston Beacon Hill office located at 137 Charles Street.

John Ford
Ford Realty Inc
137 Charles Street
Boston, Ma 02114



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