The following information is from the local MLS database, as of November 10, 2007, compared to (November 3, 2007).
Total # of condos for sale in the city of Boston: 2,398 (2,420)
Average # of days on market: 131 (128)
Median price of all condos for sale in the city of Boston: $379,900 ($386,750)
Average price of all condos for sale in the city of Boston: $577,964 ($581,815)
Number of condos sold (closed) over past 30 days: 240 (242)
Median sales price, last 30 days: $401,000 ($407,250)
Average sales price, last 30 days: $512,401 ($530,760)
Average days on market: 105 (103)
Ratio, closing (sales) price to original (list) price: 94% (94%)
Number of properties going under agreement, last 30 days: 265 (250)
Total Market Volume (Velocity): $128,443,930 ($128,443,930)
(Velocity is the # of units sold during last 30 days multiplied by the $ amount)
My thoughts: Under agreements jumped 6% – hot market!
Based on information provided to and compiled by MLS Property Information Network, Inc. covering the period 010/10/2007 through 11/10/2007.
Back to Boston condos for sale homepage
Contact me to find out more about Boston condos for sale or to set up an appointment call/text 617-595-3712.
SEARCH FOR CONDOS FOR SALE AND RENTALS
For more information please contact one of our on-call agents at 617-595-3712.
