Citywide
Unlike the rest of the country, the overall downtown Boston market has weathered the market better than almost any other part of the country. Results from LINK (Boston’s own multiple listing service) are reported here. LINK tracks Boston’s 12 downtown neighborhoods including: Back Bay, Beacon Hill, Charlestown, Fenway, Leather District, Midtown, North End, Seaport, South Boston, South End, Waterfront and West End.
Overall sales price and number of sales were up citywide. While days on market were down. Boston’s strong and diverse economy, coupled with the fact that we never had the overbuilding seen elsewhere has kept our market in balance. The biggest issue today is lack of inventory….some neighborhoods are at historic lows down 17 to 24%
Real estate is highly local. And dynamics are different from neighborhood to neighborhood (and sometimes even within a neighborhood). For more specific info on your own neighborhood please email or call.