|Fenway Condos||4th Q ’07||4th Q ’08||+/-|
|Avg. sales price||$376,409||$316,474||-59,935|
|Fenway DOM||4th Q ’07||4th 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.