Midtown real estate high rise condos: Listings and sales data: What does it mean for 2024

Boston luxury condos for sale 2024

Midtown real estate high rise condos: Listings and sales data: What does it mean for 2023

As we saw in last month’s Midtown high rise condo sales market report, average sales values for condominiums in downtown Boston and Midtown continue to rise. If you’ve been considering selling your property, now is a great time to do so!

It’s happening everywhere you go, and it’s in every conversation with Boston Midtown real estate agents – the market is buzzing with “lots of activity”.

What does that mean?  Does it mean anything?

Here’s what it means:

• Buyers are giddy about getting a 3.% jumbo rate.
• Agents are giddy about driving around.
• Sellers are giddy about selling for more than the last guy.

Sellers and agents who have lots of showings think their house is red hot, and they demand a premium – or at least they aren’t coming off their price much.

But they should be more realistic about those who aren’t offering.

If you have 10-30 showings and only 1-3 offers, it means the vast majority of buyers thought your home was over-priced.

Just because there are a lot of lookers doesn’t mean the eventual buyer will pay your price either.

Midtown Luxury Real Estate

Boston Luxury Condos & Downtown Boston Real Estate for Sale