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What percentage of Boston condos fall out of contract?

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What percentage of Boston condos fall out of contract?

 
In 2025, the percentage of home-purchase agreements in the Boston metro area that fell out of contract varied by month, ranging from approximately 10.0% to 12.0%. 
 
The most recent data available for 2025 indicates the following monthly rates for all home types (condos are a segment of this data):
  • October 2025: 12.0% of pending sales fell out of contract, up from 10.1% in October 2024.
  • September 2025: 10.0% of pending sales were canceled, compared to 9.7% in September 2024.
  • August 2025: The cancellation rate was 11.1%, an increase from 10.2% a year prior.
  • July 2025: The rate was 10.6%, slightly higher than the 10.5% in July 2024. 
 
These figures represent all residential properties, but market analysis suggests that condominium sales in Boston have seen increased inventory and more cautious buyer behavior in 2025, with a higher percentage of listings experiencing price drops. Factors contributing to cancellations often include home inspections uncovering major issues, financing falling through, and buyers getting “cold feet” due to high prices and mortgage rates. 
 
For more detailed market data, you can check reports from sources like Ford Realty Inc bostonreb.com
 
What percentage of Boston condos fall out of contract?

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