The following information is from the local MLS database, as of June 9, 2007, compared to (last week).

Total # of condos for sale in the city of Boston: 2,649 (2,643)
Average # of days on market: 114 (112)

Median price of all condos for sale in the city of Boston: $390,000 ($399,000)
Average price of all condos for sale in the city of Boston: $576,418 ($578,135)

Number of condos sold (closed) over past 30 days: 504 (460)
Median sales price, last 30 days: $380,000 ($385,000)
Average sales price, last 30 days: $524,782 ($507,332)
Average days on market: 107 (110)
Ratio, closing (sales) price to original (list) price: 94% (94%)

Number of properties going under agreement, last 30 days: 534 (538)

Total Market Volume (Velocity): $264,490,560 ($233,372,986)
(Velocity is the # of units sold during last 30 days multiplied by the $ amount)

My thoughts: Under agreements are staying strong. It was a late-starting, strong spring season, and it’s carried over into June, apparently. Things will cool off, considerably, now that we’re past Memorial Day.

Search MLS

Sign-up for full access to MLS (including addresses and complete descriptions)

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.

Boston condos

Boston condos for sale

SEARCH FOR CONDOS FOR SALE AND RENTALS

For more information please contact one of our on-call agents at 617-595-3712.

Updated:  1st Q 2018

Comments

comments