Weekly Boston Condo and Boston Real Estate Sales and Listings Update, April 5, 2008
The following information is from the local MLS database, as of April 5, 2008, compared to (March 28, 2008) (and April 6, 2007 – where available).
Total # of condos for sale in the city of Boston: 2,464 (2,351) (2,332)
Average # of days on market: 124 (130) (124)
Number of condos sold (closed) over past 30 days: 225 (225) (352)
Average days on market, sold units: 113 (113) (129)
Ratio, closing (sales) price to original (list) price: N/A (91%) (94%)
Number of properties going under agreement, last 30 days: 375 (371) (494)
Average days on market: 112 (106) (N/A)
Velocity: $120,205,277 ($117,337,419) (N/A)
(Velocity is the # of units sold during last 30 days multiplied by the $ amount)
Total Market Value, condos for sale: $1,485,150,723 ($1,431,594,181) (N/A)
Based on information provided to and compiled by the Multiple Listing Service Property Information Network, Inc. covering the period 3/5/2008 through 4/5/2008, and the period 2/6/2007 through 3/6/2007.
