Weekly Boston Real Estate Sales and Listings Update, June 24, 2006
The following information is from the local MLS database, as of June 24, 2006.
Total # of condos for sale in the city of Boston: 3295 (-19)
Average # of days on market: 109 (+2)
Lowest priced condo in city of Boston: $112,900, a 428 square foot one bedroom in Dorchester.
Second lowest priced condo in city of Boston: $119,900, a 225 square foot studio in Allston.
Median price of all condos for sale in the city of Boston: $379,900 (same)
Highest priced condo in city of Boston: $13,995,000
Average price of all condos for sale in the city of Boston: $552,156 (-$1,000)
Number of condos sold (closed) over past 30 days: 474 (-4)
Median sales price, last 30 days: $349,000 (-$1,000)
Average sales price, last 30 days: $443,163 (same)
Average days on market: 93 (+1)
Ratio, closing (sales) price to original (list) price: 95% (same)
Number of properties going under agreement, last 30 days: 376 (-7)
My thoughts: About the same as last week. Let’s get those available properties down to 2,000, okay?
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