The following is Boston Proper condo and real estate sales data for the month ending October 7 2012, (September 30 2012), (October 7 2011), (October 9 2010), and (October 9 2009), where available. All condominium closings recorded by our local MLS during the past month.
Number of units currently on the market: 353 (357) (N/A) (860) (N/A)
Average days on market: 117 (115) (N/A) (145) (N/A)
Median list price: $860,000 ($850,000) (N/A) ($669,000) (N/A)
Average list price: $1,335,342 ($1,305,632) (N/A) ($1,092,389) (N/A)
Number of units under currently agreement: 125 (125) (-) (-) (-)
Number of units sold (past 30 days): 124 (125) (127) (111) (118)
Average days on market: 75 (70) (104) (117) (106)
Median close price: $630,000 ($570,000) ($600,000) ($520,000) ($570,000)
Average close price: $807,160 ($782,293) ($801,552) ($772,642) ($745,114)
Original list to close price: 95% (96%) (95%) (94%) (94%)
Sales velocity: $100,087,890 ($97,786,640) ($101,797,057) ($85,763,229) ($87,923,425)
Thoughts: A very quiet market. Disappointing for its lack of activity.
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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