Boston condo sales stats Jan & Feb 2010 compared with 2009.

Sold Statistics – Jan/Feb 2010
Listings Sold: 442
Avg.: $486,358
Median: $319,375
Avg. $/SF: $427
Avg. DOM: 133

Sold Statistics – Jan/Feb 2009
Listings Sold: 394
Avg. $: $377,994
Median $: $276,250
Avg. $/SF: $350
Avg. DOM: 114

The headlines in today’s newspapers state that: “Housing sales fall by 16.7%” But how did the Boston condo market do? Well, according to LINK December ‘09 sales were up compared to the same month in ‘08.

According to sales numbers tracked by LINK:

December 2009
Number of Boston condo sales – 363
Avg. Boston condo sales price – $463,074.00
Median Boston condo sales price – $355,000.00

December 2008
Number of Boston condo sales – 309
Avg. Boston condo sales price – $456,854.00
Median Boston condo sales price – $305,000.00

Hmm … Number of sales, avg sales price, and median sales price are all up.

File Under: Hallelujah!

The number of Boston condos selling for $1 million or more fell dramatically in 2009 compared to 2008, according to early LINK numbers.

Overall, million-plus home sales were down nearly 40% compared to 2008.

But sales of Boston condos for under $100,000 jumped 46% from the year before, virtually all of that increase due to condo sales in Dorchester.

The figures show that Boston condo sales at the low end ($100,000 range) of the housing market — consisting in large part of foreclosures and “short sales” — accounted for virtually all of the sales gains last year.

The findings show, that among Boston condos sold tracked by LINK:

Please note the “official” numbers from LINK should be published next week.

According to LINK, the number of parking spaces that sold in downtown Boston during 2009 was 65, down from a 2008 volume of 97. Average sales price fell slightly to approximately $94,000, and median sales price rose slightly to $67,000.

2009 Boston Parking Space Sales Statistics:
Number Sold: 65
Average: $94,420
Median: $67,000
Average DOM: 132 days

2008 Boston Parking Space Sales Statistics:
Number Sold: 97
Average: $99,641
Median: $65,000
Average DOM: 136 days

View today’s Boston real estate listings

The following is for the period ending October 31, 2009 compared to (October 24, 2009).

Units on market: 1,977 (1,988)
Average days on market: 128 (128)
Median price: $415,000 ($405,000)
Average price: $689,883 ($683,034)

Price changes, last thirty days: 530 (502)
Average price change: -4.27% (-4.02%)
Average $ price change: -$23,023 (-$22,412)

Under agreement: 301 (287)
Average days on market: 116 (107)

Sold (closed), last thirty days: 288 (261)
Months of supply: 6.86 (7.62)
Average days on market: 94 (90)
Original list to final sales price: 93% (93%)
Median sales price: #343,000 ($350,000)
Average sales price: $445,689 ($455,290)

Sales velocity: $128,358,473 ($118,830,647)
(sales velocity is total dollar amount of units sold)

Expired listings, last thirty days: 168 (172)
Average days on market: 140 (146)

Information collected from third-party sources by the Multiple Listing Service Property Information Network, Inc. for the periods 10/01/2009 – 10/31/2009 and 09/24/2009 – 10/24/2009.