The Boston condo inventory has been low when you consider how many people want to buy here in Boston. That’s why I wasn’t surprised to see three Boston condo sales that closed last week for above their list price.
Most under-asking sales were only two-to-three percent below the list price, and most spent a fair amount of time on the market.
Overall we had 20 Downtown Boston condos sold, three were above asking, two at asking and the rest slightly below asking price.
Other data points:
Days-on-Market – 59
Avg price per sq ft – $903.00
Avg Downtown Boston condo sale price – $1,262,436.
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