If you are an active buyer in the Boston real estate market, it is no news to you that we are experiencing the lowest inventory that the Boston Real Estate Market has seen since 2004. Many buyers have been waiting for this week to come – in hope that many potential sellers would list their home for sale after Labor Day weekend. Fall market, anyone?
We’ve seen a 6.6% increase in the number of condos listed for sale in Boston this week. Good sign? Hopefully!
It is still a bit of a goose chase trying to find a decent, appropriately priced property, not to mention one that meets all of a buyer’s preferences. If you’re curious, check out your price range below in this graph showing the number of Boston condos on market by price range. Interesting stuff.
Buyers who have learned the market and know to act quick when the right home pops up are taking advantage of the recovering prices and absurdly low mortgage rates to lock in a great deal. We’re doing our part trying to keep you educated and aware of the hot deals on the market each week.
Boston Condo “Smart Buys”
With selected units priced from $358,000 to just over $1,800,000, there’s something for everyone’s budget. Here are a few highlights of this week Smart Buy’s:
- 3 Bed, 3 Bath Penthouse Duplex in South End only two minutes from the T. Under $1M!
- Beautiful one bedroom in the Waterfront area on the prestigious Lewis Wharf.
- Glamorous Penthouse home in the award winning Frank Gehry designed full service building!
- Stretch you legs in this 1600+ square foot 3 bed, 2 bath in Somerville.
- Renovated, x-large 1 bed in the heart of the North End under $500,000.
- Investment Condo in Back Bay for only $358,000, rented for $2400 per month. Can you say cash flow?
>>click here to see all of the property details
Enjoy!
