The following information is from the local MLS database, as of November 3, 2007, compared to (October 27, 2007).
Total # of condos for sale in the city of Boston: 2,420 (2,480)
Average # of days on market: 128 (128)
Median price of all condos for sale in the city of Boston: $386,750 ($389,000)
Average price of all condos for sale in the city of Boston: $581,815 ($587,012)
Number of condos sold (closed) over past 30 days: 242 (246)
Median sales price, last 30 days: $407,250 ($392,500)
Average sales price, last 30 days: $530,760 ($512,242)
Average days on market: 103 (104)
Ratio, closing (sales) price to original (list) price: 94% (94%)
Number of properties going under agreement, last 30 days: 250 (277)
Total Market Volume (Velocity): $128,443,930 ($126,011,720)
(Velocity is the # of units sold during last 30 days multiplied by the $ amount)
My thoughts: Quiet.
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Based on information provided to and compiled by MLS Property Information Network, Inc. covering the period 010/03/2007 through 11/03/2007.
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