Byline – John Ford Beacon Hill Condo Broker
The Fall market has seen a drop in inventory. According to Realtor.com Boston condo for sale inventory is down 16% since September 2022.
We have plunging Boston condo sales mostly due to plunging inventory!
The supply and demand has plunged at the same time, and there is no way to know that if the inventory were to grow, would there be enough buyers to soak it up? Today’s inventory is full of the leftovers that didn’t sell during summer. But if you see homes that look good and are priced attractively but aren’t selling, then you know the tide might be turning in favor of buyers.
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