Boston serves as both the cultural and economic hub of New England. There are over 599,606 people living in the city, and the population is rapidly expanding. Boston.com (September 2023) concluded that the median home sales price in the city is $759,950 and has been increasing by 6.3% annually. Both a core and bypass city, Boston has a high rate of accessibility and land transport, as it is home to many non-native workers. According to Redfin, the sold-to-original-price ratio typically falls between 98.4% and 99.5%. A market forecast from Norada Real Estate Investments reveals that investors should feel encouraged as prices will inevitably go up. Any inquiries? All of the solutions can be found with these top-rated Realtors®.
