The following is Boston Proper condo and real estate sales data for the month ending October 21 2012, (October 14 2012), (October 23 2011), (October 23 2010), and (October 23 2009), where available. All condominium closings recorded by our local MLS during the past month.
Number of units currently on the market: 356 (370) (686) (863) (N/A)
Average days on market: 113 (115) (141) (144) (N/A)
Median list price: $839,000 ($849,000) ($695,000) ($671,000) (N/A)
Average list price: $1,298,652 ($1,303,885) ($1,090,033) ($1,074,699) (N/A)
Number of units under currently agreement: 125 (122) (-) (-) (-)
Number of units sold (past 30 days): 113 (118) (101) (89) (110)
Average days on market: 80 (79) (106) (120) (110)
Median close price: $645,000 ($614,883) ($582,000) ($574,000) ($540,000)
Average close price: $832,453 ($779,185) ($824,693) ($740,451) ($703,730)
Original list to close price: 95% (94%) (95%) (94%) (94%)
Sales velocity: $94,067,235 ($91,943,850) ($83,288,550) ($65,900,104) ($77,410,302)
Thoughts: It is what it is. Low inventory means fewer properties for buyers to buy ? less 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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