The following is Boston Proper condo and real estate sales data for the month ending August 12 2012, (August 5 2012), (August 7 2011)*, (August 14 2010), and (August 14 2009), where available. All condominium closings recorded by our local MLS during the past month.
*I didn?t do an analysis last year for this week, so that?s why the numbers are from August 7 2011.
Number of units currently on the market: 419 (426) (784) (898) (-)
Average days on market: 115 (115) (129) (145) (-)
Median list price: $775,000 ($797,000) ($667,000) ($652,000) (-)
Average list price: $1,205,157 ($1,235,154) ($1,043,869) ($1,072,022) (-)
Number of units under currently agreement: 141 (134) (-) (-) (-)
Number of units sold (past 30 days): 168 (170) (165) (159) (208)
Average days on market: 75 (74) (99) (102) (97)
Median close price: $637,000 ($626,000) ($502,500) ($575,000) ($497,500)
Average close price: $846,345 ($814,234) ($732,530) ($793,638) ($633,353)
Original list to close price: 97% (97%) (94%) (94%) (94%)
Sales velocity: $142,185,900 ($138,419,700) ($120,867,519) ($126,188,373) ($131,737,328)
Thoughts: Are you thinking of buying in the fall? Now is the right time to talk with a mortgage lender.
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.
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