Boston Real Estate for Sale

bostonreb question

Fenway Condos4th Q ’074th Q ’08+/-
Condos sold2217 -5
Avg. sales price$376,409$316,474-59,935
    
    
Fenway DOM4th Q ’074th Q ’08
Days on market 40.86  108.94

Is Fenway a buyer’s market? Based on the numbers above one would think yes. However, as of today’s date Fenway only has 12 Fenway condos avail for sale (13, if you count the one that has an offer on it). The average asking price for the 12 Fenway condos is $387,408.

My thoughts: If I were a Fenway condo seller, I wouldn’t be worried.

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