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July Last Best Chance for Sellers

Posted by Scott Van Voorhis July 15, 2014 09:06 AM

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If you are looking to sell, now's the time.

July is the best month of the second half of the year to sell, at least if you are a condo owner in Boston, writes Hub real estate agent extraordinaire David Bates.

Roughly 9 percent of all pending condo sales in Boston back in 2013 closed in July, one of the highest totals for the year, Bates notes in his blog, the Bates Real Estate Report. (David was also kind enough to interview yours truly about my own vast real estate writing empire. Better yet, I even sound halfway coherent!)

That makes July tied with March as the best month to sell a condo, according to Bates' numbers.

From July, it's all downhill. The percentage of pending 2013 condo sales that closed fell to 7 percent in August, before bumping back up to 8 percent in September and October. Then it's downhill again, to 6 percent in November and 4 percent in December.

In fact, the only months that were better than July, were not surprisingly, April, May and June, which respectively accounted for 12, 15 and 10 percent of all 2013 condo sales, Bates finds.

Thinking about selling your home? Skip the beach and get to work.

Here's a 2 bedroom, two bath condo at 95 Sawyer Ave. in Dorchester that just hit the market for $409,000. Open houses are listed for this Saturday and Sunday - no beach day for the broker here.

Dorchester condo.jpg
This blog is not written or edited by Boston.com or the Boston Globe.
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Scott Van Voorhis is a freelance writer who specializes in real estate and business issues.

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