Boston Real Estate for Sale Search

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What’s the status of the Boston real estate for sale market? Is it a buyer’s or seller’s market?

Americans believe it’s a much better time to sell a home than to buy one, according to Fannie Mae’s latest survey of home purchase sentiment. This marks the first time in the survey’s 10-year history that has happened.

The monthly survey of about 1,000 homeowners and renters showed that more people thought April was a bad time to buy a home than a good time, the first time that’s happened in the survey’s 10-year history.

The survey uses the Home Purchase Sentiment Index (HPSI) to track consumers’ housing-related attitudes, intentions and perceptions using six questions from the National Housing Survey (NHS) regarding homebuying sentiment, selling sentiment, home price expectations, mortgage rate expectations, job concerns and household income.

In April, the net share of homebuyers and renters who said it’s a good time to buy fell 14% month over month, becoming negative for the first time in the survey’s history. Last month, 47% of respondents thought it was a good time to buy, down from 53% in March. Those who said it was a bad time to buy jumped from 40% in March to 48% in April.

This can largely be attributed to market competition from diminishing inventory and soaring home prices, despite improving economic conditions, especially for less-affluent buyers.

“Consumers in the household income range of $50,000 to $100,000, a range inclusive of the Census Bureau’s reported median household income level, showed a particularly large decrease in overall housing sentiment,” said Doug Duncan, Fannie Mae senior vice president and chief economist, in a press release. “We know that the housing market serving the affordable segment has been particularly competitive.”

He added that recent data does not indicate that inventory is likely to improve any time soon and these sentiments are likely to stick around for quite some time.

On the other hand, the net percentage of consumers who say it’s a good time to sell increased 8%, consistent with recent upward trends and is back to its pre-pandemic peak. More than two-thirds (67%) of survey respondents agreed it’s a good time to sell right now, up from March (61%).

The survey also reported that most Americans (54%) expect mortgage rates to rise in the next 12 months, while 7% expect them to go down and 33% expect them to stay the same.

Nearly half (49%) expect home prices to continue to climb in the next 12 months, 17% expect prices to go down, and 27% expect prices to stay the same.

About 80% of respondents said they don’t have concerns about losing their job in the next year, which is a positive for homebuying demand.

Regarding household income, a majority of respondents (57%) don’t expect their income to change in the next 12 months, while 16% expect it to decrease and 7% expect it to increase.

After considering all these factors, the HPSI decreased to 79.0 in April (down 2.7 points). The index hit a record-low of 63.0 in April 2020, as the housing market was still suffering from the dawn of the pandemic.

Boston Real Estate for Sale Search

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Low Boston condo for sale inventory, whether due to a hesitation to sell during the Covid-19 pandemic or other market factors, has driven housing prices up and made the market more competitive for buyers.

That means that borrowers who may have been approved for a loan at the beginning of the year could now face an uphill battle.

Online loan marketplace Lending Tree looked at where homebuyers are the most competitive, based on the share of buyers with credit scores over 720, average down payment percentage, and share of buyers who try to secure a mortgage before they buy a house.

Boston Real Estate Downpayment

The average down payment for the most competitive buyers (top 11 metros) was 21.4%, with nearly 71% of buyers having credit scores of 720 or higher. Among these buyers, 72% shopped for a mortgage before looking for a house.

Among the least competitive buyers, the average down payment was 18.5%, and the percentage of buyers with higher credit scores, 63%. Around 60% of potential buyers in the 10 least competitive metros pre-shopped for mortgages.

See how the 50 largest metropolitan areas in the United States ranked here.

 

Boston Real Estate for Sale Search

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Original Boston Real Estate Blog Post

What’s the status of the Boston real estate for sale market? Is it a buyers or seller’s 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 the 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.

One thing is certain the Boston real estate bidding wars have cooled off with the Fall season

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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197 Results
4
Beds
4 | 1
Baths
3,750
SqFt
 
 
#72849962 | Condo
 
4
Beds
3 | 1
Baths
2,766
SqFt
 
 
#72849483 | Condo
 
3
Beds
3 | 1
Baths
2,231
SqFt
 
 
#72846177 | Condo
 
3
Beds
2 | 1
Baths
2,315
SqFt
 
 
#72849482 | Condo
 
2
Beds
2 | 1
Baths
2,275
SqFt
 
 
#72849481 | Condo
 
3
Beds
3 | 1
Baths
2,477
SqFt
(36)
 
 
#72848323 | Condo
 
3
Beds
3 | 1
Baths
2,550
SqFt
(23)
 
 
#72847290 | Condo
 
4
Beds
2 | 1
Baths
2,486
SqFt
(25)
 
 
#72849965 | Condo
 
2
Beds
2
Baths
1,848
SqFt
 
 
#72849480 | Condo
 
2
Beds
2 | 1
Baths
1,738
SqFt
 
 
#72849478 | Condo
 
3
Beds
3 | 1
Baths
2,308
SqFt
 
 
#72850118 | Condo
 
3
Beds
3
Baths
2,310
SqFt
 
 
#72848767 | Condo
 
3
Beds
2 | 1
Baths
1,911
SqFt
 
 
#72849091 | Condo
 
3
Beds
3
Baths
1,918
SqFt
 
 
#72847330 | Condo
 
2
Beds
2
Baths
1,566
SqFt
 
 
#72847769 | Condo
 
3
Beds
2 | 1
Baths
1,795
SqFt
 
 
#72846715 | Condo
 
3
Beds
3
Baths
1,722
SqFt
(25)
 
 
#72846770 | Condo
 
1
Beds
1 | 1
Baths
946
SqFt
 
 
#72850160 | Condo
 
2
Beds
2
Baths
1,510
SqFt
Open House: Jun 17, 2021 5:00 PM - 6:30 PM
 
#72847669 | Condo
 
2
Beds
2
Baths
1,401
SqFt
Open House: Jun 18, 2021 5:00 PM - 6:00 PM
 
#72849822 | Condo
 
3
Beds
3 | 1
Baths
2,603
SqFt
 
 
#72847725 | Condo
 
2
Beds
2
Baths
1,579
SqFt
 
 
#72846002 | Condo
 
2
Beds
2 | 1
Baths
1,638
SqFt
 
 
#72846133 | Condo
 
1
Beds
2
Baths
1,295
SqFt
(10)
 
 
#72845957 | Condo
 
2
Beds
2
Baths
1,159
SqFt
 
 
#72847966 | Condo
 
2
Beds
2 | 1
Baths
1,872
SqFt
Open House: Jun 17, 2021 5:00 PM - 6:30 PM
 
#72849961 | Condo
 
2
Beds
2 | 1
Baths
1,511
SqFt
 
 
#72849491 | Condo
 
2
Beds
2
Baths
1,011
SqFt
(32)
 
 
#72846773 | Condo
 
2
Beds
2
Baths
1,027
SqFt
 
 
#72848875 | Condo
 
2
Beds
2 | 1
Baths
1,805
SqFt
 
 
#72846776 | Condo
 
2
Beds
2
Baths
1,719
SqFt
(37)
 
 
#72847009 | Condo
 
2
Beds
2
Baths
1,230
SqFt
(38)
Open House: Jun 18, 2021 5:00 PM - 8:00 PM
 
#72850201 | Condo
 
2
Beds
2
Baths
1,320
SqFt
(34)
 
 
#72847542 | Condo
 
2
Beds
1 | 1
Baths
891
SqFt
(12)
 
 
#72846101 | Condo
 
1
Beds
2
Baths
1,152
SqFt
 
 
#72846466 | Condo
 
3
Beds
2
Baths
1,351
SqFt
 
 
#72848983 | Condo
 
3
Beds
2
Baths
1,435
SqFt
 
 
#72847183 | Condo
 
1
Beds
1
Baths
674
SqFt
Open House: Jun 19, 2021 11:00 AM - 1:00 PM
 
#72846817 | Condo
 
2
Beds
2
Baths
1,574
SqFt
 
 
#72846026 | Condo
 
2
Beds
2
Baths
1,529
SqFt
 
 
#72847088 | Condo
 
3
Beds
1 | 1
Baths
1,374
SqFt
 
 
#72848412 | Condo
 
3
Beds
2 | 1
Baths
2,244
SqFt
(20)
 
 
#72846654 | Condo
 
2
Beds
1
Baths
966
SqFt
 
 
#72847489 | Condo
 
3
Beds
3
Baths
1,920
SqFt
 
 
#72847275 | Condo
 
2
Beds
2
Baths
1,107
SqFt
 
 
#72847286 | Condo
 
3
Beds
2
Baths
1,865
SqFt
Open House: Jun 20, 2021 12:00 PM - 2:00 PM
 
#72849518 | Condo
 
1
Beds
1
Baths
873
SqFt
(11)
 
 
#72845958 | Condo
 
1
Beds
1
Baths
1,066
SqFt
(15)
 
 
#72846959 | Condo
 
2
Beds
2
Baths
1,530
SqFt
(30)
 
 
#72848174 | Condo
 
2
Beds
2
Baths
976
SqFt
Open House: Jun 19, 2021 10:00 AM - 2:00 PM
 
#72848415 | Condo
 
2
Beds
1
Baths
976
SqFt
 
 
#72846639 | Condo
 
1
Beds
1
Baths
1,080
SqFt
(14)
 
 
#72846410 | Condo
 
2
Beds
2
Baths
940
SqFt
 
 
#72845963 | Condo
 
1
Beds
1 | 1
Baths
939
SqFt
 
 
#72849719 | Condo
 
1
Beds
1
Baths
939
SqFt
 
 
#72849603 | Condo
 
2
Beds
1
Baths
808
SqFt
Open House: Jun 19, 2021 11:30 AM - 12:30 PM
 
#72850413 | Condo
 
1
Beds
1
Baths
545
SqFt
 
 
#72847368 | Condo
 
2
Beds
2
Baths
1,139
SqFt
Open House: Jun 19, 2021 11:30 AM - 1:00 PM
 
#72849893 | Condo
 
3
Beds
2
Baths
1,196
SqFt
 
 
#72846222 | Condo
 
3
Beds
2 | 1
Baths
1,518
SqFt
 
 
#72847226 | Condo
 
2
Beds
2
Baths
810
SqFt
(16)
Open House: Jun 19, 2021 11:00 AM - 12:15 PM
 
#72849668 | Condo
 
1
Beds
1
Baths
809
SqFt
 
 
#72849869 | Condo
 
2
Beds
1 | 1
Baths
1,100
SqFt
 
 
#72847860 | Condo
 
1
Beds
1 | 1
Baths
881
SqFt
(18)
 
 
#72846917 | Condo
 
2
Beds
2
Baths
1,294
SqFt
 
 
#72846039 | Condo
 
1
Beds
1
Baths
773
SqFt
Open House: Jun 19, 2021 11:00 AM - 12:00 PM
 
#72849416 | Condo
 
2
Beds
2
Baths
1,216
SqFt
 
 
#72848057 | Condo
 
3
Beds
2 | 1
Baths
1,551
SqFt
Open House: Jun 18, 2021 4:00 PM - 5:30 PM
 
#72850241 | Condo
 
1
Beds
1
Baths
598
SqFt
 
 
#72847022 | Condo
 
1
Beds
1
Baths
667
SqFt
 
 
#72848470 | Condo
 
2
Beds
2
Baths
1,220
SqFt
 
 
#72849369 | Condo
 
2
Beds
2
Baths
1,212
SqFt
(37)
 
 
#72846314 | Condo
 
3
Beds
2 | 1
Baths
1,438
SqFt
(25)
 
 
#72846386 | Condo
 
6
Beds
5
Baths
2,341
SqFt
(40)
 
 
#72846714 | Condo
 
4
Beds
2
Baths
1,409
SqFt
 
 
#72847826 | Condo
 
2
Beds
2
Baths
942
SqFt
Open House: Jun 19, 2021 1:00 PM - 2:30 PM
 
#72847719 | Condo
 
2
Beds
2
Baths
1,094
SqFt
 
 
#72847704 | Condo
 
2
Beds
2
Baths
1,045
SqFt
Open House: Jun 17, 2021 6:00 PM - 7:30 PM
 
#72850442 | Condo
 
2
Beds
1
Baths
729
SqFt
Open House: Jun 19, 2021 12:00 PM - 1:30 PM
 
#72850360 | Condo
 
2
Beds
2
Baths
949
SqFt
 
 
#72848789 | Condo
 
2
Beds
1
Baths
910
SqFt
(28)
 
 
#72849683 | Condo
 
2
Beds
1 | 1
Baths
1,074
SqFt
Open House: Jun 17, 2021 5:30 PM - 7:00 PM
 
#72848100 | Condo
 
2
Beds
1
Baths
623
SqFt
(16)
 
 
#72849329 | Condo
 
1
Beds
1
Baths
880
SqFt
Open House: Jun 18, 2021 5:30 PM - 6:30 PM
 
#72846833 | Condo
 
1
Beds
1
Baths
956
SqFt
(23)
 
 
#72846740 | Condo
 
2
Beds
2
Baths
1,230
SqFt
 
 
#72846200 | Condo
 
3
Beds
2
Baths
1,219
SqFt
(29)
Open House: Jun 19, 2021 12:30 PM - 1:30 PM
 
#72850391 | Condo
 
1
Beds
1
Baths
760
SqFt
(21)
Open House: Jun 19, 2021 10:30 AM - 12:00 PM
 
#72847840 | Condo
 
2
Beds
1
Baths
934
SqFt
Open House: Jun 19, 2021 11:00 AM - 1:00 PM
 
#72850037 | Condo
 
0
Beds
1
Baths
675
SqFt
 
 
#72849616 | Condo
 
1
Beds
1
Baths
743
SqFt
 
 
#72849898 | Condo
 
3
Beds
2
Baths
1,471
SqFt
(41)
Open House: Jun 19, 2021 1:00 PM - 2:30 PM
 
#72849180 | Condo
 
1
Beds
1
Baths
563
SqFt
Open House: Jun 17, 2021 5:00 PM - 6:00 PM
 
#72850223 | Condo
 
2
Beds
1
Baths
791
SqFt
(14)
 
 
#72846016 | Condo
 
2
Beds
3
Baths
2,508
SqFt
(34)
 
 
#72847121 | Condo
 
0
Beds
1
Baths
558
SqFt
 
 
#72849605 | Condo
 
3
Beds
2 | 1
Baths
1,730
SqFt
(31)
Open House: Jun 17, 2021 11:30 AM - 12:30 PM
 
#72850194 | Condo
 
1
Beds
1
Baths
695
SqFt
 
 
#72848446 | Condo
 
2
Beds
3
Baths
1,571
SqFt
 
 
#72849397 | Condo
 
2
Beds
2
Baths
760
SqFt
Open House: Jun 18, 2021 6:00 PM - 8:00 PM
 
#72849563 | Condo
 
1
Beds
1
Baths
863
SqFt
 
 
#72846214 | Condo
 
1
Beds
1
Baths
729
SqFt
Open House: Jun 19, 2021 11:30 AM - 1:00 PM
 
#72849434 | Condo
 
1
Beds
1
Baths
625
SqFt
Open House: Jun 20, 2021 11:30 AM - 12:30 PM
 
#72850435 | Condo
 
1
Beds
1
Baths
664
SqFt
Open House: Jun 19, 2021 11:00 AM - 12:30 PM
 
#72847939 | Condo
 
2
Beds
1
Baths
825
SqFt
 
 
#72847460 | Condo
 
3
Beds
1
Baths
1,022
SqFt
(23)
 
 
#72847054 | Condo
 
3
Beds
2
Baths
1,259
SqFt
(30)
 
 
#72846755 | Condo
 
0
Beds
1
Baths
461
SqFt
 
 
#72847012 | Condo
 
2
Beds
1
Baths
795
SqFt
 
 
#72847099 | Condo
 
3
Beds
1
Baths
1,114
SqFt
 
 
#72846189 | Condo
 
3
Beds
2
Baths
1,188
SqFt
 
 
#72845945 | Condo
 
2
Beds
1
Baths
799
SqFt
 
 
#72848076 | Condo
 
2
Beds
1
Baths
912
SqFt
(22)
 
 
#72847406 | Condo
 
1
Beds
1
Baths
675
SqFt
 
 
#72848630 | Condo
 
3
Beds
2
Baths
1,259
SqFt
(30)
 
 
#72846734 | Condo
 
1
Beds
1
Baths
711
SqFt
 
 
#72850284 | Condo
 
2
Beds
2
Baths
1,130
SqFt
 
 
#72847818 | Condo
 
2
Beds
1
Baths
854
SqFt
(25)
 
 
#72847362 | Condo
 
3
Beds
1
Baths
1,242
SqFt
 
 
#72849378 | Condo
 
3
Beds
1
Baths
1,111
SqFt
(31)
Open House: Jun 19, 2021 2:00 PM - 3:00 PM
 
#72846564 | Condo
 
3
Beds
2
Baths
1,170
SqFt
(24)
 
 
#72846683 | Condo
 
3
Beds
2
Baths
1,022
SqFt
Open House: Jun 19, 2021 11:00 AM - 1:00 PM
 
#72846892 | Condo
 
2
Beds
2
Baths
771
SqFt
 
 
#72850210 | Condo
 
3
Beds
2
Baths
1,185
SqFt
 
 
#72847167 | Condo
 
1
Beds
1
Baths
542
SqFt
 
 
#72849523 | Condo
 
2
Beds
1
Baths
1,002
SqFt
(18)
Open House: Jun 17, 2021 5:00 PM - 6:00 PM
 
#72849756 | Condo
 
2
Beds
2
Baths
1,135
SqFt
 
 
#72847792 | Condo
 
2
Beds
1 | 1
Baths
975
SqFt
Open House: Jun 18, 2021 6:00 PM - 7:00 PM
 
#72849717 | Condo
 
2
Beds
1
Baths
1,150
SqFt
(12)
 
 
#72848892 | Condo
 
1
Beds
1
Baths
580
SqFt
 
 
#72848770 | Condo
 
1
Beds
1
Baths
512
SqFt
(15)
 
 
#72846723 | Condo
 
3
Beds
2
Baths
1,373
SqFt
 
 
#72847403 | Condo
 
3
Beds
1
Baths
1,076
SqFt
(31)
 
 
#72848152 | Condo
 
3
Beds
1
Baths
1,060
SqFt
(24)
Open House: Jun 19, 2021 11:00 AM - 12:00 PM
 
#72850234 | Condo
 
2
Beds
2
Baths
880
SqFt
(21)
Open House: Jun 17, 2021 5:30 PM - 6:30 PM
 
#72849785 | Condo
 
3
Beds
1
Baths
1,100
SqFt
Open House: Jun 18, 2021 5:00 PM - 6:00 PM
 
#72845910 | Condo
 
1
Beds
1
Baths
728
SqFt
 
 
#72848088 | Condo
 
4
Beds
1
Baths
1,200
SqFt
(35)
Open House: Jun 16, 2021 5:30 PM - 6:30 PM
 
#72848276 | Condo
 
3
Beds
1
Baths
1,352
SqFt
(31)
 
 
#72850358 | Condo
 
2
Beds
1
Baths
1,030
SqFt
Open House: Jun 19, 2021 11:30 AM - 1:00 PM
 
#72846765 | Condo
 
2
Beds
2
Baths
1,350
SqFt
 
 
#72850248 | Condo
 
3
Beds
1
Baths
1,340
SqFt
 
 
#72848373 | Condo
 
2
Beds
1
Baths
900
SqFt
 
 
#72846962 | Condo
 
1
Beds
1
Baths
460
SqFt
 
 
#72849288 | Condo
 
1
Beds
1
Baths
667
SqFt
(22)
 
 
#72846581 | Condo
 
0
Beds
1
Baths
1,020
SqFt
 
 
#72846838 | Condo
 
2
Beds
1
Baths
929
SqFt
 
 
#72847262 | Condo
 
3
Beds
1
Baths
960
SqFt
 
 
#72846970 | Condo
 
3
Beds
1
Baths
1,030
SqFt
(34)
Open House: Jun 17, 2021 5:00 PM - 7:00 PM
 
#72850138 | Condo
 
2
Beds
1
Baths
938
SqFt
 
 
#72849728 | Condo
 
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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
MLS PIN data last updated at June 15, 2021 11:40 PM ET

Soucre: The Warren Group