Realtor Mike Mahoney: The Greater Boston Voice | Clarity in Real Estate: North End

North End Condos in Boston

Mike Mahoney: www.TheGreaterBostonVoice.com

Today I had the great fortune to spend some time in Boston's North End. This is the section that outsiders sometimes refer to as Little Italy. This is an area where primarily people with Italian decent had lived over the last century.

Today, I was reviewing the condo market in the North End. I have prepared the video below as a way to educate both buyers and sellers on the current conditions within the market.

In summary, there are 49 condos on the market in the North End. There were 23 sales closed over the last 3 months. This equates to about 7 and half sales per month. This indicates that with no new condos coming onto the market in the North End that there would be about a 7 month supply of.

If we were to review whether or not this is a seller's or a buyer's market. This would be almost a balanced market.

The seller's of these 23 condos achieved 96% of what they were looking to get from their list prices. These generally took about 136 days to get sale closed.

If you are considering making a condo purchase or would like some assistance in this area or another area within Boston, please reach out to me.

You can see all the condos on the market in the North End by clicking on the link below. This report will produce all the listings in the zip code - 02113.

http://www.mlsfinder.com/ma_mlspin/michaelmahoney?action=newsearchsession&...