Monday, November 26, 2012

Boston condos and real estate sales report for week ending ...

The following is Boston Proper condo and real estate sales data for the month ending November 25 2012, (November 18 2012), (November 27 2011), (November 20 2011), (November 27 2010), (November 28 2009), and (November 28 2008) where available. All condominium closings recorded by our local MLS during the past month.

Number of units currently on the market: 288 (312) (587) (609) (719) (946) (N/A)
Average days on market: 128 (121) (154) (147) (167) (155) (N/A)
Median list price: $899,000 ($874,000) ($725,000) ($715,000) ($685,000) ($632,000) (N/A)
Average list price: $1,411,880 ($1,367,274) ($1,136,962) ($1,124,958) ($1,110,816) ($1,033,084) (N/A)

Number of units sold (past 30 days): 134 (147) (96) (98) (107) (154) (115)
Average days on market: 75 (78) (91) (96) (134) (112) (104)
Median close price: $725,000 ($683,000) ($558,750) ($531,500) ($603,000) ($531,250) ($530,100)
Average close price: $1,006,369 ($993,424) ($814,535) ($761,285) ($910,588) ($731,320) ($638,607)
Original list to close price: 96% (95%) (95%) (93%) (94%) (91%) (90%)
Sales velocity: $134,853,491 ($146,033,363) ($78,195,896) ($74,605,896) ($97,432,951) ($112,623,344) ($73,439,850)

Thoughts: The annual lull in new business has hit; things will be quiet ?til February.

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: back bay condos, beacon hill condos, boston condo sales statistics, boston condos for sale, how is the boston real estate market doing, south end condos

Source: http://www.johnakeithrealestate.com/boston-real-estate-condo-news/boston-condos-and-real-estate-sales-report-for-week-ending-november-25-2012/

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