Boston condos

Boston condos

The Massachusetts Association of Realtors released new monthly sales and price numbers for June, showing that statewide sales were down (again) and prices were up (again) for both single-family homes and condos.

Nothing really new here.

But what caught our attention (again) is that inventories of homes for sale were down 6.9 percent and condos for sale were down a whopping 20 percent in June compared to a year ago.

New listings did increase by 4 percent, but it clearly wasn’t enough to substantially boost inventories. The result: Demand is exceeding supply, driving up prices, although at a slower pace than in the recent past.

File under: Boston Condos Inventory blues

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Boston condos

Boston condos for sale

SEARCH FOR CONDOS FOR SALE AND RENTALS

For more information please contact one of our on-call agents at 617-595-3712.

Updated: December 2017

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