The following information is from the local MLS database, as of April 21, 2007, compared to (last week).
Total # of condos for sale in the city of Boston: 2,481 (2,493)
Average # of days on market: 120 (119)
Median price of all condos for sale in the city of Boston: $390,000 ($395,000)
Average price of all condos for sale in the city of Boston: $594,979 ($593,894)
Number of condos sold (closed) over past 30 days: 366 (376)
Median sales price, last 30 days: $356,000 ($362,500)
Average sales price, last 30 days: $510,458 ($493,805)
Average days on market: 124 (121)
Ratio, closing (sales) price to original (list) price: 94% (94%)
Number of properties going under agreement, last 30 days: 542 (505)
My thoughts: Seems as though buyers are out there, buying.
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