We have many measurements to figure out how the Boston proper sales market did this year compared to the same period last year. Today, I’m using one measurement, which is avg. sales price per sq. ft.
Neighborhood
Back Bay 2007 – Avg. sales price per sq. ft. – $805.00
Back Bay 2008 – Avg. sales price per sq. ft. – $886.00
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Beacon Hill 2007 – Avg. sales price per sq. ft. – $791.00
Beacon Hill 2008 – Avg. sales price per sq. ft. – $790.00
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Charlestown 2007 – Avg. sales price per sq. ft. – $346.00
Charlestown 2008 – Avg. sales price per sq. ft. – $454.00
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Jamacia Plan 2007 – Avg. sales price per sq. ft. – $211.00
Jamacia Plan 2008 – Avg. sales price per sq ft. – $248.00
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Leather District 2007 – Avg. sales price per sq. ft. $491.00
Leather District 2008 – Avg. sales price per sq. ft. $462.00
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Midtown 2007 – Avg. sales price per sq. ft. – $860.00
Midtown 2008 – Avg. sales price per sq. ft. – $902.00
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North End 2007 – Avg. sales price per sq. ft. $623.00
North End 2008 – Avg. sales price per sq. ft. $601.00
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Seaport 2007 – Avg. sales price per sq. ft. – $481.00
Seaport 2008 – Avg. sales price per sq. ft. – $478.00
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South End 2007 – Avg. sales price per sq. ft. – $601.00
South End 2008 – Avg. sales price per sq. ft. – $615.00
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Waterfront 2007 – Avg. sales price per sq. ft. – $768.00
Waterfront 2008 – Avg. sales price per sq. ft. – $808.00
These stats were based on MLS data from 1/1/07 – 12/20/07 compared to 1/1/08 – 12/20/08. Do you have any thoughts? Do you still think that the Boston proper real estate market is in a recession?
