Condo sales prices drop 1.8% in Nov; sales to 2003 levels
Single-family home sales dropped precipitously, in November, according to The Warren Group. Condo sales, although lower than 2005 and 2004, were still at their 2003 levels, which were at historic highs, at the time. “We’re still in a decline, but the slope...Economists: Boston real estate prices to drop 1.7%, next year
Moody’s Economy.com and Fiserv Lending Solutions have estimated where real estate prices will be, a year from now. The Boston-Quincy real estate market, an ill-defined area (it’s a Census Bureau thing) is estimated to drop 1.7%, next year. In 2008, prices...Weekly Boston Real Estate Sales and Listings Update, December 16, 2006
The following information is from the local MLS database, as of December 16, 2006, compared to (last week’s numbers). Total # of condos for sale in the city of Boston: 2,189 (2,324) Average # of days on market: 146 (143) Median price of all condos for sale in...$1 million-plus sales look strong, this year
Here is data from the Listing Information Network (LINK) database of properties selling for more than $1,000,000: 2004: 410 units — Sold — Avg. Selling Price: $1,636,942 — Median Selling Price: $1,370,000 — Avg. $/SF: $782 — Avg. DOM: 140...Real estate market slowdown not being tracked accurately
Statistics that say housing prices have continued to rise modestly or have fallen only slightly are deceiving, say some real estate analysts, because the stats don’t reflect houses that sit on the market for months because their owners refuse lowball offers....Condo Listings by Neighborhood
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