A glance at the current Boston condo for sale market
Boston condo buyers and sellers are getting older, Boston condos for sale are selling more slowly but for more money, the racial gap in homeownership is widening, and first-timers are the smallest percentage of home shoppers since the organization began collecting data.
Boston condo prices on the rise
Market experts in Greater Boston said they are seeing low inventory of homes for sale and pent-up demand for skyrocketing prices. The state saw a 16.2 percent year-over-year drop in single-family home sales and a 22.9 percent slide in condo sales in September, according to a report The Warren Group released Oct. 18. Meanwhile, median home prices increased 7.8 percent and 3.7 percent, respectively.
