Boston Luxury Condo Market

Developers are building condos aimed at the wealthiest buyers but buyers are looking for a wider range of prices.

Boston luxury condo market.

Will the boston high rise condo market be next. Boston s luxury condo market is facing a mismatch between supply and demand. Everyday new boston condos come on the market for sale. You can gain easy access to our comprehensive mls real estate listing database for comparison condo and apartment shopping in boston ma.

Pier 4 condos in the seaport are reflected onto the pier 4 office. Luxury properties sold in the second quarter showed an 11 percent price drop the journal noted citing douglas elliman. New listings were also down by 21 percent while new listings priced at 4 million and over fell by about 35 percent according to the elliman data. Median sales prices for luxury condominiums in boston spiked 87 5 in the fourth quarter of 2019 compared to the same time period in 2018 according to a report thursday by douglas elliman.

Boston luxury condos and boston luxury apartments. We are a boutique real estate firm located by the boston common on the corner of arlington and boylston st. Boston luxury condos for sale high rise condos boston is considered to be the third densest big city in the country and with boston s record breaking building boom and rise as a bigger more international city it has become accepting of its destiny and designation as a place where a lot of its residents live in high rise condos hundreds of feet above the ground. Is boston s luxury condo market shortchanging affordable housing.

Luxury condo prices in downtown boston rose sharply over the summer compared with the overall market in the area continuing a trend from earlier this year according to a recent third quarter.