The following is Boston Proper condo and real estate sales data for the week ending August 28 2011 (August 21 2011) (and August 28 2010). All condominium closings recorded by our local MLS during the past month.
Number of units currently on the market: 695 (724) (841)
Average days on market: 142 (138) (153)
Median list price: $695,000 ($689,000) ($654,000)
Average list price: $1,087,476 ($1,077,498) ($1,087,021)
Number of units sold (past 30 days): 187 (173) (165)
Average days on market: 95 (94) (111)
Median close price: $500,000 ($490,000) ($570,000)
Average close price: $683,559 ($682,401) ($752,501)
Original list to close price: 94% (94%) (94%)
Sales velocity: $127,825,603 ($118,055,415) ($124,162,644)
Thoughts: It?s the last week before the last week of August, before the fall real estate sales market begins. Are you thinking of putting your home up for sale this fall?
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 07/28/2011-08/28/2011, 07/21/2011-08/21/2011, and 07/28/2010-08/28/2010.
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