Boston condos and real estate sales report for month ending August 31, 2014

The following is Boston Proper condo and real estate sales data for the month ending September 2 2013, (September 2 2012), (August 26 2012), (September 2 2011), (September 2 2010), and (September 2 2009), where available. All condominium closings recorded by our local MLS during the past month.

Number of units currently on the market: 203 270 (352) (399) (N/A) (N/A) (N/A)
Average days on market: 104 84 (125) (118) (N/A) (N/A) (N/A)
Median list price: $1,095,000 $867,500 ($877,000) ($825,000) (N/A) (N/A) (N/A)
Average list price: $1,690,358 $1,432,295 ($1,318,616) ($1,235,215) (N/A) (N/A) (N/A)

Number of units under currently agreement: 98 94 (91) (125) (-) (-) (-)

Number of units sold (past 30 days): 171 182 (183) (194) (215) (190) (207)
Average days on market: 42 48 (73) (74) (98) (111) (99)
Median close price: $740,000 $609,500 ($590,000) ($574,500) ($528,000) ($586,250) ($540,000)
Average close price: $1,023,008 $830,790 ($869,684) ($833,892) ($704,286) ($795,461) ($705,778)
Original list to close price: 99% 99% (96%) (96%) (94%) (93%) (94%)
Sales velocity: $174,934,306 $151,203,849 ($159,152,244) ($161,774,969) ($151,421,472) ($151,137,631) ($146,096,043)

Thoughts: Welcome fall market, 2014!

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.

Boston condos and real estate sales report for month ending July 13, 2014

The following is Boston Proper condo and real estate sales data for the month ending July 14 2014, July 7 2014, May 25 2014, May 18 2014, May 25 2013, May 20 2012, (May 6 2012), (May 22 2011), (May 22 2010), and (May 22 2009) where available. All condominium closings recorded by our local MLS during the past month.

Number of units currently on the market: 257 228 250 279 n/a 604 (637) (982) (1,136) (n/a)
Average days on market: 75 81 79 68 n/a 100 (96) (122) (115) (n/a)
Median list price: $999,000 $1,174,000 $1,087,000 $950,000 n/a $749,000 ($749,000) ($639,000) ($632,500) (n/a)
Average list price: $1,624,669 $1,766,872 $1,618,202 $1,571,094 n/a $1,095,540 ($1,091,948) ($1,000,713) ($1,016,294) (n/a)

Number of units under agreement: 137 155 193 165 n/a 218 (190) (169) (176) (n/a)

Number of units sold (past 30 days): 185 182 136 138 164 158 (155) (156) (145) (109)
Average days on market: 36 33 46 40 53 105 (107) (90) (105) (90)
Median close price: $696,000 $720,000 $767,000 $668,000 $651,000 $605,000 ($605,000) ($530,750) ($554,775) ($510,000)
Average close price: $924,709 $961,501 $1,147,550 $1,140,206 $863,921 $764,283 ($847,371) ($697,083) ($686,044) ($686,044)
Original list to close price: 100% 101% 99% 99% 98 96% (96%) (94%) (95%) (95%)
Sales velocity: $171,071,255 $174,993,205 $156,066,758 $157,348,458 $141,683,076 $120,756,756 ($131,342,560) ($108,745,020) ($121,782,515) ($74,778,801)

Thoughts: Things are remaining super-heated even now that we’re in mid-summer.

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.

Above, 20 Gloucester Street #4, Back Bay, Boston, Massachusetts. Joe Wolvek of Gibson Sotheby’s Inernational Realty was the listing agent and Sherry Walker of William Raveis Real Estate was the buyer’s agent.

Data collected from third-party sources by the Multiple Listing Service Property Information Network, Inc.

Boston Condos and Real Estate Sales Report for July 7, 2014

The following is Boston Proper condo and real estate sales data for the month ending July 7 2014, May 25 2014, May 18 2014, May 25 2013, May 20 2012, (May 6 2012), (May 22 2011), (May 22 2010), and (May 22 2009) where available. All condominium closings recorded by our local MLS during the past month.

Number of units currently on the market: 228 250 279 n/a 604 (637) (982) (1,136) (n/a)
Average days on market: 81 79 68 n/a 100 (96) (122) (115) (n/a)
Median list price: $1,174,000 $1,087,000 $950,000 n/a $749,000 ($749,000) ($639,000) ($632,500) (n/a)
Average list price: $1,766,872 $1,618,202 $1,571,094 n/a $1,095,540 ($1,091,948) ($1,000,713) ($1,016,294) (n/a)

Number of units under agreement: 155 193 165 n/a 218 (190) (169) (176) (n/a)

Number of units sold (past 30 days): 182 136 138 164 158 (155) (156) (145) (109)
Average days on market: 33 46 40 53 105 (107) (90) (105) (90)
Median close price: $720,000 $767,000 $668,000 $651,000 $605,000 ($605,000) ($530,750) ($554,775) ($510,000)
Average close price: $961,501 $1,147,550 $1,140,206 $863,921 $764,283 ($847,371) ($697,083) ($686,044) ($686,044)
Original list to close price: 101% 99% 99% 98 96% (96%) (94%) (95%) (95%)
Sales velocity: $174,993,205 $156,066,758 $157,348,458 $141,683,076 $120,756,756 ($131,342,560) ($108,745,020) ($121,782,515) ($74,778,801)

Thoughts: The hot spring market cools off as we roll into July. Under agreements and closings will taper off while on-markets will stretch out since fewer new listings are hitting the market these days.

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.

Above, 1 Charles Street South PH2C, Back Bay, Boston, Massachusetts. Beth Dickerson of Gibson Sotheby’s International Realty was the listing agent.

Data collected from third-party sources by the Multiple Listing Service Property Information Network, Inc.

Boston Sunday Open Houses for June 21-22, 2014

Below, a complete list of all single-family and condominium homes with open houses scheduled for the weekend of June 22, 2014 in Boston Proper neighborhoods including the South End, Back Bay, Beacon Hill, West End, North End, Waterfront, Midtown, Downtown Crossing, Chinatown, Seaport District, Leather District, Bay Village, and Fenway.

Please contact me for more information and to inquire about buyer’s agent representation.

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Boston Sunday Open Houses on June 14-15, 2014

A complete list of all single-family and condominium homes with open houses in Boston Proper during the weekend of June 15, 2014 in neighborhoods including South End, Back Bay, Beacon Hill, West End, North End, Waterfront, Chinatown, Downtown Crossing, Midtown, Rose Kennedy Greenway, Leather District, Seaport District, Bay Village, and Fenway.

Please contact me for complete details and to inquire about buyer’s agent representation.

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Boston Sunday Open Houses for the Weekend of June 8, 2014

A complete list of single-family and condominium homes with open houses scheduled for the weekend of June 7-8, 2014 in the Boston Proper neighborhoods including Beacon Hill, South End, Bay Village, Back Bay, West End, North End, Waterfront, Rose Kennedy Greenway, Financial District, Seaport District, Leather District, Downtown Crossing, Ladder District, Chinatown, Theater District, Bay Village and Fenway.

Please contact me for complete details and to inquire about buyer’s agent representation.

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Boston condos and real estate sales report for week ending June 1, 2014

The following is Boston Proper condo and real estate sales data for the week ending June 1 2014, June 1 2013, June 3 2012, (May 20 2012), (June 5 2011), (June 5 2010), and (June 5 2009) where available. All condominium closings recorded by our local MLS during the past month.

Number of units currently on the market: 296 (n/a) 567 (604) (959) (1,093) (n/a)
Average days on market: 69 (n/a) 100 (100) (120) (122) (n/a)
Median list price: $939,500 (n/a) $739,000 ($749,000) ($639,000) ($632,500) (n/a)
Average list price: $1,512,023 (n/a) $1,092,319 ($1,095,540) ($986,086) ($1,009,676) (n/a)

Number of units under currently agreement: 165 (n/a) 220 (218) (156) (137) (n/a)

Number of units sold (past 30 days): 145 210 201 (158) (162) (160) (145)
Average days on market: 55 53 86 (105) (87) (101) (105)
Median close price: $575,000 $674,000 ($605,000) ($555,000) ($542,000) ($555,000)
Average close price: $729,714 $932,011 ($764,283) ($812,455) ($771,033) ($695,832)
Original list to close price: 100% 98% 96% (96%) (94%) (95%) (94%)
Sales velocity: $149,655,505 $195,722,401 $146,672,464 ($120,756,756) ($131,617,725) ($123,365,227) ($100,895,635)

Thoughts: There was a small uptick in the listings coming on the market nothing significant. Under agreements in past 30 days is lower than in 2012 and 2011. I don’t think that’s a significant change; there are fewer listings right now than back then. Inventory is down 46% but sales are down 25%.

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.

Above, 377 Marlborough Street #1A, Back Bay, Boston, Massachusetts, which recently sold for $2,000,000. Frank Mancini of Ford Realty represented the seller and Sarah Mooradian of Warren Residential Group represented the buyer.

Data collected from third-party sources by the Multiple Listing Service Property Information Network, Inc.

Boston Sunday Open Houses for the Weekend of June 1, 2014

A complete list of single-family and condominium homes with open houses scheduled for the weekend of June 1, 2014 in the Boston Proper neighborhoods including Beacon Hill, South End, Bay Village, Back Bay, West End, North End, Waterfront, Rose Kennedy Greenway, Financial District, Seaport District, Leather District, Downtown Crossing, Ladder District, Chinatown, Theater District, Bay Village and Fenway.

Please contact me for complete details and to inquire about buyer’s agent representation.

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