Tuesday, December 25, 2012

Boston condos and real estate report for week ending December 23 ...

The following is Boston Proper condo and real estate sales data for the month ending December 23 2012, (December 16 2012), (December 25 2011), (December 18 2011), (December 25 2010), (December 26 2009), and (December 25 2008) where available. All condominium closings recorded by our local MLS during the past month.

Number of units currently on the market: 228 (254) 467 (499) (580) (837) (N/A)
Average days on market: 141 (132) 159 (157) (177) (155) (N/A)
Median list price: $995,000 ($947,000) $775,000 ($749,900) ($695,000) ($639,000) (N/A)
Average list price: $1,573,809 ($1,519,866) $1,184,088 ($1,172,922) ($1,142,041) ($1,067,755) (N/A)

Number of units sold (past 30 days): 156 (133) 120 (119) (141) (133) (83)
Average days on market: 75 (60) 118 (120) (107) (127) (86)
Median close price: $715,000 ($749,000) $560,000 ($590,000) ($635,000) ($544,000) ($545,000)
Average close price: $987,834 ($964,303) $852,203 ($881,044) ($952,533) ($743,102) ($787,486)
Original list to close price: 95% (95%) 93% (94%) (95%) (92%) (94%)
Sales velocity: $154,102,167 ($128,252,267) $102,264,346 (104,844,246) ($134,307,171) ($98,832,520) ($65,361,360)

Thoughts: Happy Christmas!

This report includes sales and inventory information for condominiums located in the following downtown Boston neighborhoods: South End, Back Bay, Beacon Hill, West End, North End, Waterfront, Seaport District, Chinatown, Leather District, Midtown, and Fenway.

Data collected from third-party sources by the Multiple Listing Service Property Information Network, Inc.

Tags: boston condo sales statistics, boston condos for sale, how is the boston real estate market doing

Source: http://www.johnakeithrealestate.com/boston-real-estate-condo-news/boston-condos-and-real-estate-report-for-week-ending-december-23-2012/

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