Market Reports
July 2023 – What to Offer?
July 2023 What to offer? Knowing how to structure your offer to be competitive in today’s real estate market takes careful consideration. The old adage “real estate is local” is definitely a factor, but price segment is also a facto...
Boston Condo Market Pricing Update
The entry level price for Boston condos hovers around $500,000 -$600,000, with less than 10% of downtown Boston condo sales trading for $500,000 or lower. Year to date 2022, the average Boston condo sale is $1,346,417. As of 3Q 2022, over ...
3Q 2022 Boston Condo Market Update
Sale Transactions 2022 has been an interesting year so far. The sales transactions have rebounded to pre-pandemic levels, but the number of sales is down from last year due to some new development closings that increased the total number o...
A Review of Boston’s 2020 Condo Market
The 2020 condo market in Boston was characterized by unusual patterns of inventory and sales transactions as compared to previous years. The Spring market was interrupted by initial covid lockdowns, buyers and renters left the city to work remo...
Sept. 2020: Boston Condo Market Update
By the end of 2Q 2020, Downtown Boston condo sales transactions were down -24% overall from last year (off 350 units). These numbers were not skewed by a new development closing. In fact, this year’s 22 One Dalton closings and 87 Echelon clos...
APRIL 2020: COVID-19 and The Boston Condo market
It’s early to say what effect the covid-19 pandemic will have on Boston’s condominium market, but here’s what we do know: Sales transactions are down (in most neighborhoods, but not all), but so is inventory (except for the places wh...
2019 Boston Condo Sales $ 2,500+ psf
The Emergence of Boston's $ 2,500+ PSF Condo Market In 2019, approximately 2% of Boston condos achieved net sale prices at or above $2,500 per square foot. This is a significant increase over 2018 where the percentage was 0.6%. In gross ...
Jamaica Plain Market Report, January 2020
The Jamaica Plain condo market ended 2019 with sale prices 2% lower than the 2018 sale average. Why the dip? Approximately 20% of the condos that went under contract last year still haven’t closed. 2019 brought a new kind of condo inventory t...