Boston condos and real estate sales report for week ending August ...

The following is Boston Proper condo and real estate sales data for the month ending August 5 2012, (July 29 2012), (August 7 2011), (August 7 2010), and (August 6 2009), where available. All condominium closings recorded by our local MLS during the past month.

Number of units currently on the market: 426 (475) (784) (996) (-)
Average days on market: 115 (109) (129) (134) (-)
Median list price: $797,000 ($765,000) ($667,000) ($629,000) (-)
Average list price: $1,235,154 ($1,167,636) ($1,043,869) ($1,017,231) (-)

Number of units under currently agreement: 134 (137) (-) (-) (-)

Number of units sold (past 30 days): 170 (162) (165) (167) (190)
Average days on market: 74 (73) (99) (101) (98)
Median close price: $626,000 ($635,000) ($502,500) ($520,000) ($500,000)
Average close price: $814,234 ($774,702) ($732,530) ($688,441) ($640,839)
Original list to close price: 97% (97%) (94%) (94%) (94%)
Sales velocity: $138,419,700 ($125,453,090) ($120,867,519) ($114,969,674) ($121,759,478)

Thoughts: Things come to a halt during the hot days of August. I expect a busy 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.

Tags: boston condo sales 2012, boston condo sales statistics, boston condos for sale, how is the boston condo market doing

Source: http://www.johnakeithrealestate.com/boston-real-estate-condo-news/boston-condos-and-real-estate-sales-report-for-week-ending-august-5-2012/

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