Boston Real Estate for Sale

The following information is from the local MLS database as of January 23, 2010, compared to (January 24, 2009) and (January 26, 2008).

Total # of condos for sale in Boston: 1,548 (1,608) (2,021)
Number of condos sold, past 30 days: 180 (148) (187)
Average days on market, sold units: 131 (110) (115)
Ratio, closing/sales price to list price: 94% (90%) (95%)

Average close price, last thirty days, this year: $541,394
Average close price, last thirty days, last year: $362,066
Average close price, last thirty days, for 2008: $597,267

Boston condos under agreement, last 30 days: 186 (165) (216)
Average # of days on market: 121 (126) (135)

Velocity: $91,817,820 ($53,585,721) ($113,373,327)
(Velocity is the # of units sold during last 30 days multiplied by the $ amount)

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