What’s the status of the Boston real estate for sale market? Is it a buyers or sellers market?l Sales of Boston condos increased in September in the Boston for September compared with the year before, according to a new report from the Boston real estate research firm the Warren Group and the Greater Boston Association of Realtors.
The concern for many sellers in Boston— is the Boston condo for sale prices were in many areas of downtown Boston were down. And there were generally more Boston condos for sale for prospective buyers to choose from in September than previous year at the same time.
These new Boston real estate stats have some wondering the unimaginable a year ago—might we be turning in favor of buyers.
As for Boston-area condos, the median sales price was $549,000 in September, down 4.1 percent from September 2018 and 3.5 percent from August. However, Boston condo sales were up annually 3.4 percent, to 790. They were down month to month— by more than 32 percent.
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Soucre: The Warren Group