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Archive for the 'Boston condo prices' category


Only 36% of Suffolk County listings sold ‘09

Redfin looked up the numbers for all Suffolk County sales listings put on the market in 2009, to see how many had sold by August 11, 2010. The answer? 36.1%.
The survey looked at homes that were listed for sale last year in Suffolk County and about 36% of those listings had sold by August 11, [...]



Boston housing update

Click chart to enlarge.
Wall Street Journal reports on the outlook of the housing market. Here are few stats regarding Boston:
Months supply of inventory – 6.1
Jobless rate – 8.3%
Loan payments overdue – 8.7%



Boston Condo Sales – $500,000 & Under

Boston condos that sold priced $500,000 and under.
1/1/08 – 5/26/08 – Boston condos sold 500k and under – 846
1/1/09 – 5/26/09 – Boston condos sold 500k and under – 746
1/1/10 – 5/26/10 – Boston condos sold 500k and under – 958
The above info was obtained by MLS.



1st Q Boston Condo Sales from $400k to $800k: Median, Average Prices Up Modestly

1st Q 2010 Boston condo sales from $400k – $800k
Number of Boston condos sold: 216
Avg. $: $544,551
Median $: $524,000
Avg. $/SF: $509
Avg. DOM: 142
1st Q 2009 Boston condo sales from $400k – $800k
Number of Boston condos sold: 151
Avg. $: $531,692
Median $: $500,000
Avg. $/SF: $493
Avg. DOM: 130
1st [...]



Boston luxury real estate for sale: $43k.

First-time home buyers, are you looking for a good deal? Check this out: You can purchase a property for $43,000 in a luxury building with 24hr concierge and elevators. No joke. In order to purchase this unit at 150 Staniford Street #724 (next to the Boston Garden) you must:
1. Earn less than $46,300 per year.
2. [...]



Boston real estate prices are too cheap

According to a new study from IHS Global Insight and PNC Financial Services Group, the median home sales price in certain parts of the country are too high.
But get this: Boston area’s median of $315,000 is actually too cheap by 9.4 percent.
An excerpt from the study:
To compile its estimates of what home prices should [...]



Boston Condo Market – Confidence Returns

Scott Van Voorhis wrote an article in today’s Boston Courant regarding a new report by luxury condo marketing and research firm Otis & Ahearn.
The article stated that so far this year, 28 Boston downtown condos have sold for more than $1,000 a square foot. That’s three times the number during the first 10 weeks of [...]



Boston Condo Sales

I thought it would be interesting to compare the first two and half months of 2010 with the same period in 2000.
2010 – 1/1/2010 – 3/15/2010
Number of Boston condo sales – 236
Avg. Boston condo sales price – $531,488
Med. Boston condo sales price – $350,500
2000 – 1/1/2000 – 3/13/2000
Number of Boston condo sales – 489
Avg. [...]



Boston Condo Sales $300,000 and below

Comparing Boston condos sales for $300,000 and below.
Jan & Feb 2008 Boston condo sales $300,000 and below
Number of condo sales – 189
Avg. price per sq ft – $345.00
Avg. days on the market – 99
Jan & Feb 2009 Boston condo sales $300,000 and below.
Number of condo sales – 221
Avg. price per sq ft. – $230.00
Avg. days [...]



South Boston Condo Sales

South Boston Condo Sales 1/1/10 – 3/10/10
South Boston Condo Sales: 67
Avg. $: $315,493
Median $: $329,750
Avg. $/SF: $357
Avg. DOM: 93
South Boston Condo Sales 1/1/09 – 3/10/09
South Boston Sales: 52
Avg. $: $313,947
Median $: $320,000
Avg. $/SF: $344
Avg. DOM: 138





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