Boston condos and real estate sales report for week ending December 2, 2012

The following is Boston Proper condo and real estate sales data for the month ending December 2 2012, (November 25 2012), (December 4 2011), (November 27 2011), (December 4 2010), (December 5 2009), and (December 5 2008) where available. All condominium closings recorded by our local MLS during the past month.

Number of units currently on the market: 275 (288) 555 (587) (679) (879) (N/A)
Average days on market: 128 (128) 153 (154) (166) (153) (N/A)
Median list price: $939,000 ($899,000) $750,000 ($725,000) ($675,000) ($639,000) (N/A)
Average list price: $1,523,029 ($1,411,880) $1,178,797 ($1,136,962) ($1,114,030) ($1,054,209) (N/A)

Number of units sold (past 30 days): 120 (134) 96 (96) (110) (157) (115)
Average days on market: 72 (75) 121 (91) (115) (123) (104)
Median close price: $742,500 ($725,000) $652,500 ($558,750) ($636,500) ($544,000) ($530,100)
Average close price: $1,067,037 ($1,006,369) $865,114 ($814,535) ($944,077) ($780,072) ($638,607)
Original list to close price: 95% (96%) 94% (95%) (94%) (90%) (90%)
Sales velocity: $128,044,406 ($134,853,491) $83,050,930 ($78,195,896) ($103,848,475) ($122,471,294) ($73,439,850)($73,439,850)

Thoughts: The quiet time between Thanksgiving and Christmas.

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.

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.