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North End Condo Inventory Continues to Crater

This is Neighborhood Watch, a monthly breakdown from Curbed Boston about what's going on market-wise in key neighborhoods 'round the region (and, for our purposes here, towns and cities are neighborhoods, too—because they almost were, after all). All stats courtesy of William Raveis Real Estate. First up this month, the North End condo market alone (there wasn't enough data to look at single-families, too).

It may be loud and its streets slick with the vomit of outsiders, but the statistics suggest that the North End remains crazy-popular with buyers. The inventory of unsold condos in the neighborhood dropped 34 percent year-over-year in December, while the average time it takes to sell a condo there dropped an astounding 52.9 percent (to just 72 days). At the current pace of sales (which were up annually 20 percent in December) there is not even a half-year supply of North End condos. Take a swig of courage and act fast!
· 'Cause a North End Party Don't Stop! Despite Cops' Efforts [Curbed Boston]
· Our Neighborhood Watch archive [Curbed Boston]