Monday, July 30, 2012

Boston condos and real estate sales report for week ending July 29 ...

The following is Boston Proper condo and real estate sales data for the month ending July 29 2012, (July 22 2012), (July 31 2011), (July 24 2010), and (July 29 2009), where available. All condominium closings recorded by our local MLS during the past month.

Number of units currently on the market: 475 (492) (812) (996) (-)
Average days on market: 109 (106) (131) (134) (-)
Median list price: $765,000 ($749,500) ($667,000) ($629,000) (-)
Average list price: $1,167,636 ($1,147,646) ($1,040,865) ($1,017,231) (-)

Number of units under currently agreement: 137 (138) (-) (-) (-)

Number of units sold (past 30 days): 162 (203) (181) (167) (170)
Average days on market: 73 (80) (96) (101) (88)
Median close price: $635,000 ($662,500) ($502,500) ($520,000) ($500,000)
Average close price: $774,702 ($879,636) ($720,813) ($668,441) ($642,804)
Original list to close price: 97% (97%) (95%) (94%) (95%)
Sales velocity: $125,453,090 ($178,566,065) ($130,467,115) ($114,969,674) ($109,276,690)

Thoughts: I?m hot.

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.

Tags: back bay condo sales, beacon hill condo sales, boston condo market 2012, boston condo sales statistics, how is the boson real estate market doing, south end condo sales

Source: http://www.johnakeithrealestate.com/boston-real-estate-condo-news/boston-condos-and-real-estate-sales-report-for-week-ending-july-29-2012/

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