Otis & Ahearn has released its annual report on the downtown Boston real estate market. What do they conclude? The year ended on a healthy note, after a rocky 2nd and 3rd quarter. Total sales for the year were lower than 2005 and 2004, but above every other year...
What usually happens is, every December, homeowners who have their properties listed for sale take them off the market, because they don’t want to show them during the holidays, and because they know that few buyers are looking. More importantly, sellers want to...
Here’s a funny thing I just realized. Last May, Scott Van Voorhis of the Boston Herald wrote a column about a drop in the average sales price of condos on the Waterfront. The average price of a harbor-side condo perch plunged nearly 40 percent during the first...
I was at open houses in Jamaica Plain, today. Traffic was through the roof. Very surprising, seeing as it was a cold January afternoon. Yet, each open house had maybe 5-10 people there, as we walked through. The sign-in sheets showed a lot of activity. We were at most...
The following information is from the local MLS database, as of February 4, 2007, compared to (last week). Total # of condos for sale in the city of Boston: 2,016 (2,010) Average # of days on market: 145 (147) Median price of all condos for sale in the city of Boston:...
LINK, or the Listing Information Network, has released its final 2006 report. It shows that the number of condominium sales in Boston dropped by almost ten percent, compared to 2005, but was third highest on record. The median price dropped by 3.4 percent within the...