Boston real estate and condo sales report for week ending February 20, 2011
The following is Boston Proper condo and real estate sales data for the week ending February 20, 2011 (February 13, 2011) (and February 20, 2010).
Number of units currently on the market: 640 (627) (908)
Average days on market: 159 (160) (141)
Median list price: $659,500 ($675,000) ($599,500)
Average list price: $1,077,343 ($1,094,610) ($1,044,188)
Number of units under agreement: 92 (74) (112)
Median UAG price: $520,000 ($494,000) ($584,500)
Average UAG price: $766,616 ($785,614) ($898,489)
Number of units sold (past 30 days): 63 (65) (85)
Average days on market: 144 (135) (114)
Median close price: $625,000 ($630,500) ($565,000)
Average close price: $779,492 ($836,106) ($834,280)
Original list to close price: 92% (92%) (92%)
Sales velocity: $49,108,017 ($55,183,017) ($42,889,563)
Thoughts: Amazing how few condos are listed for sale; almost a third-less than last year during this same week.
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 01/20/2011-02/20/2011, 01/13/2010 -02/13/2011, and 01/20/2010-02/20/2010.
