According to MLS the average sales price of Boston land lots dropped in the 3rd Q of 2008 from the same time last year.

In the 3rd Q of 2007 the average land sales price was $269,000. In the 3rd Q of 2008 the average land sales price was $120,500.00

What caused such a large drop?

a) Lack of builders buying lots.

b) Lack of buildable lots for sale.

c) I don’t know ask Ricky Ricardo

Note: These stats don’t include parking spaces

Comments

comments

Call Now