Southie Market Update: The Shift is Real
I just pulled the latest numbers for Southie. Here's what's actually happening.
Condos: this is the bulk of the market, and it's shifting. Sale prices are down about 5% year over year. Sellers are cutting prices at a faster clip than 2025. We're at roughly 5 months of supply which is still balanced, but the momentum is shifting with inventory increasing.
Single family: for years this was the bastion of strength in Southie. Inventory has doubled. Prices are down. But well-priced homes are still moving. The market isn't broken, it's just less forgiving.
Investment properties: sales are up year over year, but that's not the whole story. Investors are underwriting more carefully as cap rates expand. Landlords have been absorbing real pain: more regulation, property tax increases, and operating costs that keep climbing. The buyers who are transacting are doing it with more discipline.
Nuance matters a lot in this market though. If you want to talk through what this means for a specific situation, I'm happy to get into it.
DM or message me at chris@fitzpatrickre.com
bostonrealestate southbostonrealestate #southboston
Condos: this is the bulk of the market, and it's shifting. Sale prices are down about 5% year over year. Sellers are cutting prices at a faster clip than 2025. We're at roughly 5 months of supply which is still balanced, but the momentum is shifting with inventory increasing.
Single family: for years this was the bastion of strength in Southie. Inventory has doubled. Prices are down. But well-priced homes are still moving. The market isn't broken, it's just less forgiving.
Investment properties: sales are up year over year, but that's not the whole story. Investors are underwriting more carefully as cap rates expand. Landlords have been absorbing real pain: more regulation, property tax increases, and operating costs that keep climbing. The buyers who are transacting are doing it with more discipline.
Nuance matters a lot in this market though. If you want to talk through what this means for a specific situation, I'm happy to get into it.
DM or message me at chris@fitzpatrickre.com
bostonrealestate southbostonrealestate #southboston
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