Boston residential real estate condo sales, August 25, 2007
The following information is from the local MLS database, as of August 25, 2007, compared to (August 18, 2007).
Total # of condos for sale in the city of Boston: 2,293 (2,312)
Average # of days on market: 127 (129)
Median price of all condos for sale in the city of Boston: $375,000 ($379,900)
Average price of all condos for sale in the city of Boston: $568,627 ($563,724)
Number of condos sold (closed) over past 30 days: 536 (510)
Median sales price, last 30 days: $360,000 ($370,565)
Average sales price, last 30 days: $436,425 ($448,611)
Average days on market: 91 (87)
Ratio, closing (sales) price to original (list) price: 95% (95%)
Number of properties going under agreement, last 30 days: 297 (333)
Total Market Volume (Velocity): $233,924,068 ($228,791,740)
(Velocity is the # of units sold during last 30 days multiplied by the $ amount)
My thoughts: About the same as last week.
Based on information provided to and compiled by MLS Property Information Network, Inc. covering the period 07/25/2007 through 08/25/2007.
Loading ...