The following information is from the local MLS database, as of October 14, 2006, compared to (last week’s numbers).
Total # of condos for sale in the city of Boston: 2,920 (2,923)
Average # of days on market: 126 (125)
The median price of all condos for sale in the city of Boston: $392,000 ($389,000)
The average price of all condos for sale in the city of Boston: $566,162 ($564,334)
Number of condos sold (closed) over the past 30 days: 248 (265)
Median sales price, last 30 days: $345,000 ($342,000)
Average sales price, last 30 days: $494,829 ($494,822)
Average days on market: 113 (109)
Ratio, closing (sales) price to original (list) price: 93% (93%)
Number of properties going under agreement, last 30 days: 296 (265)
My thoughts: Holding up steady, this week.