More Real Estate 2025 Predictions Boston Condos For Sale Ford Realty

More Real Estate 2025 Predictions

Boston Condos for Sale and Apartments for Rent

More Real Estate 2025 Predictions

Here’s what I’m thinking: 2025 probably won’t look drastically different from 2024. But there are a few key trends happening in the Boston condo for sale market that will definitely impact our local real estate market. So let’s dive in and see what might be coming your way in the next year:

1. Interest rates will chill at around 6%. Most economists predict rates won’t dip below 6% this year, but that’s actually good news. It’s still a far cry from the 7% peak of the last few years that we saw in late 2023. Dipping below 6%? Probably not happening anytime soon.

2. Boston condo for sale values won’t take any wild swings. Boston downtown condo will remain in demand, holding the highest values in the city. Meanwhile, condos may be a little softer, but remodeled units with in-unit laundry, parking, and outdoor space will shine.

3. Sellers? Only if they really need to. Most Boston condo sellers will be driven by major life changes—job moves, growing families, or maybe inheriting property with a stepped-up property tax basis. Indeed, most of my seller clients fell into one of those categories last year. So when you ask why the seller is moving, the answer will likely be something more personal and less about market timing.

4. Buyers will still prioritize home office space. Hybrid work is here to stay, and buyers will be looking for properties that offer plenty of room for a dedicated home office. Because let’s be honest, the dining room table isn’t cutting it anymore.

5. Condos in high rise buildings will be more in demand. Boston condo for sale buyers may very likely be seeking high rise buildings in locations that will let them walk or bike to work—neighborhoods like Midtown, Seaport. And with so many condo buildings offering desirable amenities—roof decks, gyms, lounges—going from a rental to owning a unit in one of these buildings will feel like the ultimate upgrade (and investment).

6. Boston condo fees will keep rising. Insurance, utility and general operating costs have all increased over the past few years, and 2025 will be no different. It’s common to see Seaport condo fees of $1,000 or more per month in Boston high rise buildings. Buyers will need to factor in higher dues when it comes to getting preapproved for a loan.

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More Real Estate 2025 Predictions

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