New England Living 2021 Summer

Page 142

Summer City T in the

Written By Lisa Cavanaugh

emperatures are rising, thousands of people have been getting vaccinated every day, many more businesses are reopening and the feeling in the city of Boston is that everyone is ready for summer, and all the fun and relaxation that season can bring. For the residential real estate market, warmer weather is always welcome, and the trends for summer 2021 appear to reflect not only the tumultuous past year, but also a renewed sense of possibility. “The velocity is there,” says Coldwell Banker Realty sales associate Charlie Ring, “and we are seeing a greater variety of buyer profiles entering the market.” Ring, who over the past 18 years has become one of Boston’s leading residential real estate brokers specializing in prestigious historic neighborhoods, notes that while inventory remains limited, high-end properties are still selling well. “Not every home is the same,” he says, “but if the size and location are exemplary, then the properties are selling at pre-COVID prices.”

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