In March 2010, according to LINK, 37 condos sold for $1M and above.
The avg sales price – $1,969,128
Med sales price – $1,680,000
Avg price per sq ft – $947
Based on the sales data, 10 out of the 37 sales were from new luxury condo developments such as the W, the Clarendon, FP3 and Zero Marlborough.
The following are $1M (re-sale) sales stats (does not include new luxury condo developments):
27 sold in March
Avg sales price $1,758,508
Med sales price $1,600,000
Avg. sales price per sq ft: $843
March 2009 total sales $1m & above:
Listings Sold: 18
Avg. $: $1,869,394
Median $: $1,355,000
Avg. $/SF: $975
March 2009 sales w/o new developments for that time period:
Listings Sold: 15
Avg. $: $1,453,153
Median $: $1,225,000
Avg. $/SF: $923
Avg. DOM: 299
March 2008 total Boston condo sales $1mil above:
Listings Sold: 32
Avg. $: $2,400,616
Median $: $1,455,000
Avg. $/SF: $825
March 2008 sales w/o new condo developments for that time period:
Listings Sold: 30
Avg. $: $2,463,857
Median $: $1,455,000
Avg. $/SF: $821
March 2007 total Boston condo sales $1m and above:
Listings Sold: 45
Avg. $: $1,749,247
Median $: $1,375,000
Avg. $/SF: $867
March 2007 sales w/o new condo developments for that time period:
Listings Sold: 38
Avg. $: $1,721,740
Median $: $1,311,250
Avg. $/SF: $836
Avg. DOM: 157