Boston Real Estate for Sale

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Beacon Hill condo sales, comparing the  4th Q of ’07 with the 4th Q in ’08.

* Number of condos sold in ’07 – 25

* Number of condos sold in ’08 – 24

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* Average list price in ’07 -$754,000

* Average list price in ’08 – $858,000

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Average sales price in ’07 – $712,100

Average sales price in ’08 – $802.423

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Average market time in ’07 – 141.24

Average market time in ’08 – 63.58

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Average sq ft price in ’07 – $790.00

Average sq ft price in ’08 – $896.00

“Thumbs up” for the Beacon Hill condo market. I was impressed by the fact that prices went up and days on the market went down. Is this an indication of what 2009 will look like?

Source: MLS

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