From today’s email.
Hi John,I saw that you put out 3 month info for the Waterfront and the Back Bay – could you also provide the latest information on the South End? I have seen Zillow giving the South End fairly big drops in their “Zestimates” lately…
The last three months of Boston South End condo sales data compared to the same period last year.
Boston South End – 2008 – 9/1/08 – 11/30/08
Number of Boston South End condo sales – 76
Avg. list price for Boson South End condo – $673,492.00
Avg. sales price for Boston South End condo – $652,416.00
Average market time for Boston South End condo – 64.59 days
Boston South End Condo – 2007 – 9/1/07 – 11/30/07
Number of Boston South End condos sold – 131
Avg. list price of Boston South End condo – $708,576.00
Avg. sales price of Boston South End condo – $690,680.00
Avg. days on the market – Boston South End Condo – 89.77
Please note that the November’s 2008 sales numbers may increase as more sales data results come in. In any case, it would appear that Zillow’s “Zestimates” are correct that there was a fall off in South End sales and prices.
Source – MLS data – photo clip art