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I don’t mean to be mean about the mean …

Here is some condo sales data for the downtown Boston market.

The subset (fancy word) is one bedroom units, between $0 and $999,000, in the Back Bay, Beacon Hill, South End, Bay Village, West End, North End, Leather District, Financial District, Waterfront, Theater District, Fenway, and Seaport District.

Sold 4/01/2007-7/01/2007, 251 units, average $432,858, median $396,500, avg $/SF $613, DOM 82
Sold 4/01/2006-7/01/2006, 300 units, average $421,133, median $405,000, avg $/SF $605, DOM 66
Sold 4/01/2005-7/01/2005, 324 units, average $427,861, median $406,250, avg $/SF $623, DOM 48
Sold 4/01/2004-7/01/2004, 364 units, average $372,195, median $360,750, avg $/SF $551, DOM 54

Source: Listing Information Network, Inc.


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2 Responses to “I don’t mean to be mean about the mean …” »»

  1. Comment by D Smith | 08/26/07 at 11:29 pm

    Why 4/1 - 7/1 and not calendar

    year?

  2. Comment by John A Keith | 08/26/07 at 11:33 pm

    The data comes directly from LINK.

    They

    truncate the results at 600 sales, so I had to narrow the search to only include several months

    (there are 4,000+ condo sales in the city, in any one year).

    I figured the last three

    months would be the most relevant to the discussion.

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