The following information is from the local MLS database, as of December 9, 2007, compared to (November 30, 2007) (December 9, 2006 – where available).
Total # of condos for sale in the city of Boston: 2,212 (2,319) (2,324)
Average # of days on market: 137 (139) (143)
Number of condos sold (closed) over past 30 days: 252 (266) (281)
Average days on market, sold units: 99 (89) (116)
Ratio, closing (sales) price to original (list) price: 93% (94%) (94%)
Number of properties going under agreement, last 30 days: 250 (250) (300)
Average days on market: 104 (104) (N/A)
Total Market Volume (Velocity): $129,678,200 ($145,168,637) (N/A)
(Velocity is the # of units sold during last 30 days multiplied by the $ amount)
My thoughts: Christmastime!
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Based on information provided to and compiled by MLS Property Information Network, Inc. covering the period 11/08/2007 through 12/08/2007, and the period 11/09/2006 through 12/09/2006.
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Updated: 1st Q 2018
