Report Run: 12/3/2018 10:23:07 AM
Property Type(s): SF,CC,LD,MF,RN,CI,BU,MH
Status: SLD,RNT
Start Date: 1/1/2018
End Date: 12/3/2018

Boston Downtown/Midtown condo market 2018

Towns: Boston-Back Bay, Boston-Bay Village, Boston-Beacon Hill, Boston-Charlestown, Boston-Charlestown’s Navy Yard, Boston-Charlestown’s Sullivan Square, Boston-Chinatown, Boston-Faneuil , Boston-Financial District, Boston-Kenmore Square , Boston-Leather District, Boston-Midtown, Boston-North End, Boston-Seaport District, Boston-South Boston, Boston-South Boston’s Castle Island, Boston-South Boston’s City Point, Boston-South Boston’s Dorchester Heights, Boston-South End, Boston-The Fenway, Boston-Theatre District, Boston-Waterfront, Boston-West End, Boston-South Boston’s Andrew Square

Price Range# of
Listings
Avg. Days
on Market
Avg. Days
to Offer
Average
Sale Price
Average
List Price
SP:LP
Ratio
Average
Orig Price
SP:OP
Ratio
$0 – $49,99948303634$3,299$3,316100$3,509100
$50,000 – $99,999163426$69,188$70,31399$70,62599
$100,000 – $149,999554$124,700$122,800102$122,800102
$150,000 – $199,99921911$170,000$170,000101$170,000101
$200,000 – $249,9991163$241,000$199,000121$199,000121
$250,000 – $299,99927923$289,000$307,00094$307,00094
$300,000 – $349,999102817$326,242$331,03799$335,03798
$350,000 – $399,999211913$378,244$376,795101$378,462100
$400,000 – $449,999673121$424,149$416,052103$418,554102
$450,000 – $499,999843020$474,935$470,453101$475,776100
$500,000 – $599,9992453222$548,069$543,775101$551,922100
$600,000 – $699,9992943522$652,797$648,832101$654,926100
$700,000 – $799,9992933323$745,273$739,290101$745,668100
$800,000 – $899,9992583926$850,839$848,231100$860,07699
$900,000 – $999,9991854330$949,914$949,736100$960,67799
$1,000,000 – $1,499,9995035437$1,210,015$1,226,52099$1,246,64099
$1,500,000 – $1,999,9991936752$1,704,488$1,742,69298$1,776,03497
$2,000,000 – $2,499,9991008055$2,216,318$2,278,07298$2,322,13096
$2,500,000 – $2,999,9998010481$2,730,756$2,806,16297$2,896,93795
$3,000,000 – $3,999,999638873$3,373,903$3,436,46399$3,503,60398
$4,000,000 – $4,999,999348773$4,354,785$4,512,50697$4,599,77095
$5,000,000 – $9,999,99940133120$6,364,043$6,581,93197$6,669,20696
$10,000,000 – $99,999,99957869$11,242,000$11,550,00099$11,930,00096
Total Properties7331Avg. 40Avg. 35$421,122$426,844100$434,097100
Lowest Price: $1Median Price: $3,675
Highest Price: $15,110,000Average Price: $421,122
Total Market Volume: $3,087,242,539
Report Run: 12/3/2018 10:25:17 AM
Property Type(s): SF,CC,LD,MF,RN,CI,BU,MH
Status: SLD,RNT
Start Date: 1/1/17
End Date: 12/3/17

Boston Downtown/Midtown condo market 2017

Towns: Boston-Back Bay, Boston-Bay Village, Boston-Beacon Hill, Boston-Charlestown, Boston-Charlestown’s Navy Yard, Boston-Charlestown’s Sullivan Square, Boston-Chinatown, Boston-Faneuil , Boston-Financial District, Boston-Kenmore Square , Boston-Leather District, Boston-Midtown, Boston-North End, Boston-Seaport District, Boston-South Boston, Boston-South Boston’s Castle Island, Boston-South Boston’s City Point, Boston-South Boston’s Dorchester Heights, Boston-South End, Boston-The Fenway, Boston-Theatre District, Boston-Waterfront, Boston-West End, Boston-South Boston’s Andrew Square

Price Range# of
Listings
Avg. Days
on Market
Avg. Days
to Offer
Average
Sale Price
Average
List Price
SP:LP
Ratio
Average
Orig Price
SP:OP
Ratio
$0 – $49,99948083938$3,215$3,230103$4,081101
$50,000 – $99,99973328$76,786$81,57196$88,71493
$100,000 – $149,99962520$122,673$127,75796$127,75796
$150,000 – $199,99922114$162,500$167,50097$167,50097
$200,000 – $249,999516966$226,135$226,135100$229,93599
$250,000 – $299,99993525$283,170$276,726103$277,485103
$300,000 – $349,999164024$324,005$324,301100$325,676100
$350,000 – $399,999392518$378,000$373,265102$377,547100
$400,000 – $449,999993219$424,509$418,574102$417,993312
$450,000 – $499,9991093220$476,045$469,651102$474,458101
$500,000 – $599,9993163421$552,105$546,888101$550,316101
$600,000 – $699,9993303321$646,131$642,021101$647,603100
$700,000 – $799,9992763221$743,026$733,603102$740,397101
$800,000 – $899,9992493724$844,932$842,499101$848,251100
$900,000 – $999,9991613926$946,108$942,197101$955,576100
$1,000,000 – $1,499,9993874733$1,211,146$1,218,640100$1,242,29798
$1,500,000 – $1,999,9991986748$1,697,815$1,723,78299$1,777,76796
$2,000,000 – $2,499,9999510278$2,240,116$2,316,32597$2,381,01195
$2,500,000 – $2,999,999698464$2,726,028$2,797,62398$2,862,94296
$3,000,000 – $3,999,9997912384$3,408,348$3,510,48197$3,590,614438
$4,000,000 – $4,999,99929123107$4,362,500$4,539,96696$4,570,69096
$5,000,000 – $9,999,999479980$6,505,181$6,826,57495$6,913,08596
$10,000,000 – $99,999,999108782$14,618,330$15,412,50095$13,862,500152000085
Total Properties7346Avg. 42Avg. 36$427,925$434,496102$439,872207022
Lowest Price: $25Median Price: $3,600
Highest Price: $25,000,000Average Price: $427,925
Total Market Volume: $3,143,540,544
* – 1 auction listings are not included in this report’s calculations

The graph above is showing us the comparison between the year of 2017 and 2018 in how the Downtown Boston Real estate market has been changing. Total sales of  Boston Midtown Condos and Downtown high rise condos show a small decrease in the year of 2018 compared to the year of 2017 with median price dropping from $439,872 in 2017 to $434097 in 2018.

As we have mentioned before…Downtown Boston has had a market that has been ruled by the developer as many complexes completed pretty much at the same time.

To read and compare other neighborhood sales graphs showings interesting facts about the market click on this Boston condo website, Downtown Boston Condos & Lofts Sold by Neighborhood During 2018, Downtown Boston Condos & Lofts Sold During 2018

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Author Profile

John Ford
John Ford
EXPERIENCE

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.



HISTORY

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.

AREAS COVERED

Back Bay

Beacon Hill

Charles River Park

Downtown/Midtown

North End

South End

Seaport District

South Boston

Waterfront

Brookline

Surrounding Communities of Boston
Contact
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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