The following information is from the local MLS database, as of September 15, 2007, compared to (September 8, 2007).
Total # of condos for sale in the city of Boston: 2,382 (2,272)
Average # of days on market: 125 (130)
Median price of all condos for sale in the city of Boston: $384,900 ($384,900)
Average price of all condos for sale in the city of Boston: $584,944 ($587,237)
Number of condos sold (closed) over past 30 days: 471 (467)
Median sales price, last 30 days: $345,000 ($359,000)
Average sales price, last 30 days: $434,331 ($436,526)
Average days on market: 91 (92)
Ratio, closing (sales) price to original (list) price: 94% (94%)
Number of properties going under agreement, last 30 days: 252 (228)
Total Market Volume (Velocity): $204,570,146 ($203,857,659)
(Velocity is the # of units sold during last 30 days multiplied by the $ amount)
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Based on information provided to and compiled by MLS Property Information Network, Inc. covering the period 08/15/2007 through 09/15/2007.
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