Boston condo and real estate sales report, November 14, 2009

Boston condo and real estate sales report, November 14, 2009

c2pThe following is Boston Proper condo and real estate sales data for the 30 days ending November 7, 2009, (November 14, 2009), (and November 16, 2008, where possible).

Number of units currently on the market: (971), (990), (N/A)
Average days on market: (149), (149), (N/A)
Median list price: $639,000, ($635,000), (N/A)
Average list price: $1,027,112, ($1,016,819), (N/A)
Price changes: 227, -4.56%, -$35,802), (233, -4.87%, $39,450), (N/A)
Expired: 77, average 157 days on market, (77, average 150 days on market), (N/A)

Number of units under agreement: 135, (142), (N/A)
Median UAG price: $599,000, ($639,450), (N/A)
Average UAG price: $974,663, ($1,002,508), (N/A)

Number of units sold (past 30 days): 121, (114), (112)
Average days on market: 105, (105), (98)
Months of supply: 8.02, (8.68), (N/A)
Median close price: $480,000 ($512,500), ($530,050)
Average close price: $656,486, ($678,279), ($747,899)
Original list to close price: 92%, (93%), (95%)
Sales velocity: $79,434,796, ($77,323,777), ($83,764,637)

Thoughts: Average and median prices drop a bit. More than a quarter of all listings had a price reduction, this week.

This report includes sales and inventory information for condominiums located in the following downtown Boston neighborhoods: Charlestown, North End, Waterfront, Seaport District, South End, Chinatown, Theater District, Financial District, Leather District, The Fenway, Back Bay, Beacon Hill, West End, and Midtown.

Data collected from third-party sources by the Multiple Listing Service Property Information Network, Inc. for the period between 10/07/2009 – 11/07/2009, 10/14/2009 – 11/14/2009, and 10/16/2008 – 11/16/2008.

Photo of my old condo courtesy Sebastian Diesel at LoftsBoston.com

Related posts:

  1. Boston condo and real estate sales report, November 21, 2009
  2. Boston condo and real estate sales report, November 28, 2009
  3. Boston condo and real estate sales report, November 7, 2009
  4. Boston condo and real estate sales report, December 5, 2009
  5. Boston condo and real estate sales report, December 28, 2009
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