Happy New Year, everyone!
Wow, 2021 turned out to be quite the year for Boston real estate!
The return to the city happened even quicker than I expected, resulting in closed condominium transactions increasing by 41.78% vs. 2020 and over 30% higher than any previous five years. In addition to more closed volume, the average sales price increased 7.7% to $928,342, the highest ever for Boston condos.
Will this trend continue in 2022? Will 2022 be another record year? Stay tuned to find out!
– James Lynch
This comprehensive report breaks down statistics for each neighborhood to give you an educated snapshot of the market. Learn about trends in Days on Market, Median Price, Sales Volume, and many other important stats to help you make informed buying, selling, and investing decisions.