Click chart to enlarge. Boston condos under agreement last 30 days: * Number of condos pending/under agreement  – 236 * Average days-on-market for a Boston condo – 92 * Least expensive asking price condo UA - $38,000 * Most expensive asking price condo UA-  $4,555,000 * Median Boston condo asking price – $414,500.00 * Average Boston condo [...]

Click on chart to enlarge. The chart above indicates the number of Boston condo price changes in the last 30 days. The majority of the changes were price reductions. Two Boston condo price points that had price increases: 1. $50,000 – $99,999 – +20.57% increase or $13,300.00 2. $900,000 – $999,999 – +23.38% increase or [...]

So, what are Lawrence Yun’s housing predictions now? Nationwide, homeowners can expect little, if any, increase in home values in 2011, the National Association of Realtors said in a forecast released Friday at the group’s annual conference in New Orleans. And it will take another two years to clear the foreclosures and short sales on [...]

Click on chart to enlarge. Boston condo sales stats for the last 30 days: Median Boston condo sales price: $375,000 Average Boston condo sales price: $523,723 Boston condo sales price to last list price ratio: 97% Boston condo sales price to original list price ratio: 95%

The following are excerpts from the Wall Street Journal article entitled the touble with condos: In some gentrifying neighborhoods of Boston, for instance, where condo conversions of the city’s storied triple-decker row houses were rampant in the last decade, many owners now find they can’t sell their units, partly because of tougher lending requirements by government-sponsored [...]

Comparing 3rd Q Boston condo sales of 2010 with that of 2009: 2010: Total number of  Boston condo sales: 2,065 2009: Total number of  Boston condo sales: 2,798 ———- 2010: Total Boston condo sales volume: $942,719,453 2009: Total Boston condo sales volume: $1,156,627,729 ———– 2010: Boston condo median sales price: $369.250 2009: Boston condo median [...]

Boston Common (Midtown) condo sales from Jan 1st – October 1st for 2009 and 2010: BOSTON COMMON CONDO SALES 1/1/09 – 10/1/09 Number of Boston Common condo sales: 54 Average Boston Common condo sales price: $911,653 Median Boston Common condo sales price: $701,000 Average Boston Common condo price per sq ft: $755.00 Average days-on-market for [...]

Boston condo comparison 10/23/09 with 10/23/10    10/23/2009    10/23/2010 Price Range Number of Listings Avg. Days on Market vs. today Number of Listings Avg. Days on Market Under $50,000 10 82   8 123 $50,000 – $99,999 43 118   20 82 $100,000 – $149,999 48 149   52 82 $150,000 – $199,999 135 [...]

The Massachusetts Association of REALTORS® (MAR) reported that the number of single-family homes put under agreement in September was down 19 percent over the same time last year, while condominiums were down 27 percent. The number of single-family homes put under agreement in September was down 19 percent compared to the same time last year [...]

Just another reminder, if you allow us to represent you at the Audubon Park auction we’ll give you 50% of our commission. The key point, we must be present with you on the first showing. More info call 617-720-5454.  After hours call: Linda Mitrano – 617-512-4557 Vilma Dassoni – 508-951-2968 Michael Rowe – 617-257-3950.