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