Boston Condos

Our analysis of average price per square foot values in downtown Boston neighborhoods continues with Boston’s North End. Price per square foot, as we will see, is in line with the rest of the city, however, the one significant difference that we are seeing year on year with the North End is the number of […]

As we turn towards the second half of the year, and Sellers deliberate listing their condos for sale, one of the questions we receive most often revolves around what a realistic price per square foot is in various downtown Boston neighborhoods. This type of information is also very useful for Buyers to have as […]

The Greater Boston Real Estate Board (GBREB) recently published seven talking points regarding the Boston (specifically “greater” Boston, which involves suburbs outside the core downtown) real estate market. All of them are quite interesting, and could be approached and/or discussed from many angles. Here they are:

The past year was the fifth best on […]

We recently received some year-end positive comments from readers, with one of them inquiring if we can spend a little bit more time on a go-forward basis covering Boston condos that are less than $500,000. This is definitely a fair request, and we will strive to cover interesting Boston condo happenings, regardless of price […]

Thanks to John Keith for pointing out that the Trulia Blog is passing out some warm and fuzzy news about the Boston real estate market. According to the Trulia September 2007 Trends Report, the downtown Boston market is experiencing year-on-year gains in home prices.
Median sales price in Back Bay is up 18.2 percent over last […]

In a Wall Street Journal article today entitled ‘Steep Home-Price Drop Stirs Fears’, Kelly Evans finally spent some time covering the concept that all of the press, statistics, and news that continue to hit the market regarding housing prices across the country may not be entirely applicable to city centers such as New York and […]

The Massachusetts Association of Realtors (MAR) recently release the 2007 2nd Quarter housing numbers for the state. It is interesting to see that condo sales in the Greater Boston area are increasing / appreciating on all levels (number sold, average price, median price).
Per the MAR Report, here is a look at 2nd Quarter 2006 […]

There has been an upswing in readers searching for average price of condos in Boston, and we thought we would answer the question based on information in the Boston MLS. Here is the average sales price for Boston* condos that sold during the past three calendar years, including the five months that we have […]

The below stats are in for the last week of sold South End Condos, pulled from the Boston MLS - compared to the previous week’s statistics (in parentheses). The number of South End Condos that sold: 18 (14)
Lowest Price: $310,000 ($279,750)
Median Price: $615,000 ($539,000)
Highest Price: $1,550,000 ($1,095,000)
Average Price: $692,333 ($593,241)
Average Days on Market (DOM): 87 […]

We’re approaching the half-way mark for 2007, and the downtown Boston* market has seen the sale of 1,623 condos, for a total market volume of $1,068,090,056 (yep, that’s a billion).
Here are the other pertinent statistics thus far in 2007:
Lowest Price: $135,000
Highest Price: $8,250,000
Median Price: $495,000
Average Price: $658,096
Highest Price: $8,250,000
Average Days on Market: 110
Sales / Listing […]