The Changes In The Downtown Boston Condo Market Boston Condos For Sale Ford Realty

Report Run: 12/3/2018 10:23:07 AM
Property Type(s): SF,CC,LD,MF,RN,CI,BU,MH
Status: SLD,RNT
Start Date: 1/1/2018
End Date: 12/3/2018

Boston Downtown/Midtown condo market 2018

Towns: Boston-Back Bay, Boston-Bay Village, Boston-Beacon Hill, Boston-Charlestown, Boston-Charlestown’s Navy Yard, Boston-Charlestown’s Sullivan Square, Boston-Chinatown, Boston-Faneuil , Boston-Financial District, Boston-Kenmore Square , Boston-Leather District, Boston-Midtown, Boston-North End, Boston-Seaport District, Boston-South Boston, Boston-South Boston’s Castle Island, Boston-South Boston’s City Point, Boston-South Boston’s Dorchester Heights, Boston-South End, Boston-The Fenway, Boston-Theatre District, Boston-Waterfront, Boston-West End, Boston-South Boston’s Andrew Square

Price Range

# of
Listings

Avg. Days
on Market

Avg. Days
to Offer

Average
Sale Price

Average
List Price

SP:LP
Ratio

Average
Orig Price

SP:OP
Ratio

$0 – $49,999

4830

$3,299

$3,316

100

$3,509

100

$50,000 – $99,999

$69,188

$70,313

$70,625

$100,000 – $149,999

$124,700

$122,800

102

$122,800

102

$150,000 – $199,999

$170,000

101

$170,000

101

$200,000 – $249,999

$241,000

$199,000

121

$199,000

121

$250,000 – $299,999

$289,000

$307,000

$300,000 – $349,999

$326,242

$331,037

$335,037

$350,000 – $399,999

$378,244

$376,795

101

$378,462

100

$400,000 – $449,999

$424,149

$416,052

103

$418,554

102

$450,000 – $499,999

$474,935

$470,453

101

$475,776

100

$500,000 – $599,999

245

$548,069

$543,775

101

$551,922

100

$600,000 – $699,999

294

$652,797

$648,832

101

$654,926

100

$700,000 – $799,999

293

$745,273

$739,290

101

$745,668

100

$800,000 – $899,999

258

$850,839

$848,231

100

$860,076

$900,000 – $999,999

185

$949,914

$949,736

100

$960,677

$1,000,000 – $1,499,999

503

$1,210,015

$1,226,520

$1,246,640

$1,500,000 – $1,999,999

193

$1,704,488

$1,742,692

$1,776,034

$2,000,000 – $2,499,999

100

$2,216,318

$2,278,072

$2,322,130

$2,500,000 – $2,999,999

104

$2,730,756

$2,806,162

$2,896,937

$3,000,000 – $3,999,999

$3,373,903

$3,436,463

$3,503,603

$4,000,000 – $4,999,999

$4,354,785

$4,512,506

$4,599,770

$5,000,000 – $9,999,999

133

120

$6,364,043

$6,581,931

$6,669,206

$10,000,000 – $99,999,999

$11,242,000

$11,550,000

$11,930,000

Total Properties

7331

Avg. 40

Avg. 35

$421,122

$426,844

100

$434,097

100

Lowest Price: $1	Median Price: $3,675
Highest Price: $15,110,000	Average Price: $421,122
Total Market Volume: $3,087,242,539

Report Run: 12/3/2018 10:25:17 AM
Property Type(s): SF,CC,LD,MF,RN,CI,BU,MH
Status: SLD,RNT
Start Date: 1/1/17
End Date: 12/3/17

Boston Downtown/Midtown condo market 2017

Price Range

# of
Listings

Avg. Days
on Market

Avg. Days
to Offer

Average
Sale Price

Average
List Price

SP:LP
Ratio

Average
Orig Price

SP:OP
Ratio

$0 – $49,999

4808

$3,215

$3,230

103

$4,081

101

$50,000 – $99,999

$76,786

$81,571

$88,714

$100,000 – $149,999

$122,673

$127,757

$150,000 – $199,999

$162,500

$167,500

$200,000 – $249,999

169

$226,135

100

$229,935

$250,000 – $299,999

$283,170

$276,726

103

$277,485

103

$300,000 – $349,999

$324,005

$324,301

100

$325,676

100

$350,000 – $399,999

$378,000

$373,265

102

$377,547

100

$400,000 – $449,999

$424,509

$418,574

102

$417,993

312

$450,000 – $499,999

109

$476,045

$469,651

102

$474,458

101

$500,000 – $599,999

316

$552,105

$546,888

101

$550,316

101

$600,000 – $699,999

330

$646,131

$642,021

101

$647,603

100

$700,000 – $799,999

276

$743,026

$733,603

102

$740,397

101

$800,000 – $899,999

249

$844,932

$842,499

101

$848,251

100

$900,000 – $999,999

161

$946,108

$942,197

101

$955,576

100

$1,000,000 – $1,499,999

387

$1,211,146

$1,218,640

100

$1,242,297

$1,500,000 – $1,999,999

198

$1,697,815

$1,723,782

$1,777,767

$2,000,000 – $2,499,999

102

$2,240,116

$2,316,325

$2,381,011

$2,500,000 – $2,999,999

$2,726,028

$2,797,623

$2,862,942

$3,000,000 – $3,999,999

123

$3,408,348

$3,510,481

$3,590,614

438

$4,000,000 – $4,999,999

123

107

$4,362,500

$4,539,966

$4,570,690

$5,000,000 – $9,999,999

$6,505,181

$6,826,574

$6,913,085

$10,000,000 – $99,999,999

$14,618,330

$15,412,500

$13,862,500

152000085

Total Properties

7346

Avg. 42

Avg. 36

$427,925

$434,496

102

$439,872

207022

Lowest Price: $25	Median Price: $3,600
Highest Price: $25,000,000	Average Price: $427,925
Total Market Volume: $3,143,540,544
* – 1 auction listings are not included in this report’s calculations

The graph above is showing us the comparison between the year of 2017 and 2018 in how the Downtown Boston Real estate market has been changing. Total sales of Boston Midtown Condos and Downtown high rise condos show a small decrease in the year of 2018 compared to the year of 2017 with median price dropping from $439,872 in 2017 to $434097 in 2018.

As we have mentioned before…Downtown Boston has had a market that has been ruled by the developer as many complexes completed pretty much at the same time.

To read and compare other neighborhood sales graphs showings interesting facts about the market click on this Boston condo website, Downtown Boston Condos & Lofts Sold by Neighborhood During 2018, Downtown Boston Condos & Lofts Sold During 2018