January 2012

There are 2 blog entries for January 2012.

2011 Boston Condo Sales

Similar to the South Boston condo sales market, the overall Boston condo market experienced price appreciation, with volume being down. In summary, average Boston condo prices were up 2.9%, volume was down 4.7%, and the average days a property was on the market increased 2% in 2011.  This data was pulled from MLS.

 

January 1st - December 31st 2011
Condos Sold - 3,540
Average Price - $535,296
Avg. Days on Market - 104

January 1st - December 31st 2010
Condos Sold - 3,713
Average Price - $520,264
Avg. Days on Market - 102

701 Views, 0 Comments.

South Boston Condo SalesThis month I will be highlighting year end sales data for the Boston condo market, Back Bay, South Boston, South End, Newton, Winchester, Wellesley, and Weston real estate markets.  First up is the South Boston condo sales report.

In summary, average South Boston condos prices were up 4.3%, volume was down 4.5%, and the average days a property was on the market increased 7.3% in 2011.  The only interesting number is the average price which was up year over year, and I expect to see that in many Boston suburbs and Boston condo markets.

January 1st - December 31st 2011
Condos Sold - 465
Average Price - $382,283
Avg. Days on Market - 102

January 1st - December 31st 2010
Condos Sold - 487
Average Price - $366,588
Avg. Days on Market - 95

882 Views, 0 Comments.