Boston condos and real estate sales report for week ending April 8, 2012

The following is Boston Proper condo and real estate sales data for the week ending April 8 2011, (April 1 2011), (April 10 2011), and (April 10 2010). All condominium closings recorded by our local MLS during the past month.

Number of units currently on the market: 583 (610) (906) (1251)
Average days on market: 115 (111) (124) (111)
Median list price: $749,900 ($699,000) ($627,000) ($589,000)
Average list price: $1,133,932 ($1,108,078) ($979,141) ($970,383)

Number of units under agreement: 184 (177) (147) (184)

Number of units sold (past 30 days): 129 (100) (107) (114)
Average days on market: 134 (137) (131) (123)
Median close price: $579,000 ($665,000) ($627,600) ($520,000)
Average close price: $780,628 ($845,405) ($919,952) ($780,426)
Original list to close price: 94% (94%) (94%) (93%)
Sales velocity: $100,700,980 ($84,540,480) ($98,434,831) ($88,968,578)

Thoughts:

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

Data collected from third-party sources by the Multiple Listing Service Property Information Network, Inc. for the periods between 03/08/2012-04/08/2012, 03/01/2012-04/01/2012, 03/10/2011-04/10/2011, and 03/10/2010-04/10/2010.

Author: John Keith

John A Keith is a licensed real estate broker in Boston, Massachusetts. He helps buyers and sellers of condos and single-family homes in all of Boston’s neighborhoods.

He is also a writer whose work has appeared in South End News, Boston Courant, Back Bay Patch, and Boston Herald.