The following information is from the local MLS database, as of September 3, 2006. Total # of condos for sale in the city of Boston: 2633 (-154) Average # of days on market: 132 (+3) Median price of all condos for sale in the city of Boston: $379,900 (+$900) Average...
From MarketWatch: Question: I listed my house with an agent at a price of $1.515 million with a 5% commission. A week later, I received an offer for $1.5 million from a buyer who had driven by the house, saw the yard sign and called the listing agent. The buyer was...
From today’s Washington Post: To ease buyers’ worries about declining prices, Mid-Atlantic Builders will adjust its sales contract if the price it is charging for one of its houses falls from the time a customer signs an agreement to 45 days before...
According to Kiplinger’s, sellers are in rough waters, right now. Their best example? The poor sap in this story who couldn’t sell his Boston condo, for three and a half months (can you imagine it???), this past year. Passengers on the Poseidon...
According to the Globe: Former Red Sox shortstop Edgar Renteria’s 1,504-square-foot penthouse condo at the Ritz Towers was sold to Amy J. Mercier and John J. Morgan for $1.599 million. Renteria, who now patrols the infield for the Atlanta Braves, bought the...