The following information is from the local MLS database, as of April 5, 2008, compared to (March 28, 2008) (and April 6, 2007 – where available).
Total # of condos for sale in the city of Boston: 2,464 (2,351) (2,332)
Average # of days on market: 124 (130) (124)
Number of condos sold (closed) over past 30 days: 225 (225) (352)
Average days on market, sold units: 113 (113) (129)
Ratio, closing (sales) price to original (list) price: N/A (91%) (94%)
Number of properties going under agreement, last 30 days: 375 (371) (494)
Average days on market: 112 (106) (N/A)
Velocity: $120,205,277 ($117,337,419) (N/A)
(Velocity is the # of units sold during last 30 days multiplied by the $ amount)
Total Market Value, condos for sale: $1,485,150,723 ($1,431,594,181) (N/A)
Based on information provided to and compiled by the Multiple Listing Service Property Information Network, Inc. covering the period 3/5/2008 through 4/5/2008, and the period 2/6/2007 through 3/6/2007.
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