Boston Real Estate for Sale

The following information is from the local MLS database, as of March 18, 2006.

Total # of condos for sale in the city of Boston: 2778 (+42)
Average # of days on market: 79 (same)

Lowest priced condo in city of Boston: $123,900
Median price of all condos for sale in the city of Boston: $385,000 (- $4,000)
Highest priced condo in city of Boston: $13,995,000
Average price of all condos for sale in the city of Boston: $553,997 (+ $800)

Number of condos sold (closed) over past 30 days: 243 (-7)
Median sales price, last 30 days: $375,000 (- $13,000)
Average sales price, last 30 days: $463,904 (- $11,000)
Average days on market: 76 (+ 3)
Ratio, closing (sales) price to original (list) price: 93% (- 1%)
Number of properties going under agreement, last 30 days: 341 (+ 6)

My thoughts: About the same. Median and average sales prices are both dropping; so did ratio of closing price to original price.

Updated 2018

 

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