The real estate market in Boston is in a funny place right now. Prices have come down on certain properties but not on others. The Back Bay and Beacon Hill areas have always been the most valuable and desirable. Properties there are still selling and there are many buyers out there that want to live in these areas. Some properties are selling right away if for close to the asking price if they are priced correctly while others sit on the market for months. Pricing is the key and what people paid 6 months ago, even 3 months ago are worth less. It has been hard to get buyers to make offers or if they do they are very low.
