Boston condos are a hot ticket—especially for properties at $750,000 – $1M in neighborhoods with high Walk Scores and easy T access.
The “fixer” market is ripe with contractors and developers looking to invest in their latest flip, and would-be owner occupiers looking to build sweat equity.
Buyers looking for homes for under $750,00 are repeatedly taken in by list prices just under $700,000 that are designed to attract many, many offers and/or very, very high selling prices. These situations also demand waiving contingencies and handing over your firstborn if you expect to “win” the property.
The reality is that the average year-to-date price of a Boston condo is over $1,000,000. The more popular the neighborhood, the higher the price and competition levels.
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Updated: December 2017
Updated: 1st Quarter 2018.
