Is this a Boston condo sellers market? Boston Cond...

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Is this a Boston condo sellers market?

Yes. However, more Boston condo owners are decreasing their asking price. That isn’t something we have seen very often. It is still a seller’s market. My advice to buyers is the same as it has always been

If a Boston condo for sale has been on the market for a couple of weeks don’t wait for the Boston condo sellers to drop the price because when they do there will be multiple offers. Go ahead and make an offer for less than the asking price and be prepared to negotiate. The sellers might say no but they could say yes.

For Boston condos for sale that were just listed buyers can offer less than the asking price but most sellers will not accept less than the asking price right after they put the house on the market. Most would rather wait for a better offer.

In general Boston condo prices are still rising but they won’t rise by much this year due to higher interest rates . . . . or at least that is my current theory.

Waiting for the price to go down rarely works but miracles can happen.

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Boston Real Estate and the Key Points

If you’re on the fence about selling your Boston condo, now is a great time to take advantage of sky-high demand, low supply, and fierce buyer competition.
With Boston condo buyer demand rising and low Boston high rise condos for sale, if you’re in a position to move, your house may really stand out from the crowd.
Let’s connect today to get your homebuying process underway

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Whether or not you’ve been following the Boston condo market lately, there’s a good chance you’ve heard we’re entering a Boston condo sellers’ market. But what does that really mean? And why are conditions today so good for people who want to list their downtown Boston condo for sale?

It starts with the number of Boston condominiums available for sale. The…