A good way to gauge the health of the real estate market in Boston is to take a look at how many condos and town houses are actually going into contract and, of course, selling.
As of Thursday, Janaury 11, there were 161 single-family homes in contract, with contingencies to be removed. And 15 under contingent, meaning the contractual conditions have been completed, and the loans just need to be funded. as of January 11, 2018 11 Boston single-family/town homes have sold since January 1st, at an average sales price of $682,000. The most expensive was on Dartmouth Street in the Back Bay for $1,850,000
The Boston condo segment of the market is also moving briskly. There are 514 condos under agreement, and 39 under contngent. From January first til today 67 Boston condos have sold, at an average price of $828,963. The most expensive condo sold was 1723 Washington Street for $2,995,000.
Boston Condo Statistics for Thursday, January 11th
|Highest Listing Price Boston condo:||$13,500,000|
|Lowest Listing Boston condo||$115,000|