The following information is from the local MLS database, as of October 28, 2006, compared to (last week’s numbers).
Total # of condos for sale in the city of Boston: 2,826 (2,846)
Average # of days on market: 132 (129)
The median price of all condos for sale in the city of Boston: $392,700 ($389,900)
The average price of all condos for sale in the city of Boston: $570,171 ($570,693)
Number of condos sold (closed) over the past 30 days: 238 (223)
Median sales price, last 30 days: $343,000 ($339,000)
Average sales price, last 30 days: $459,180 ($486,974)
Average days on market: 107 (103)
Ratio, closing (sales) price to original (list) price: 93% (92%)
Number of properties going under agreement, last 30 days: 310 (303)
My thoughts: Pretty quiet out there. Good things to come!
