Boston condo stats
Boston Condo Inventory
Boston Condos for Sale Inventory
1,232 Boston condos for sale
DOWN 35.2% vs Nov 2020
Boston Median condo sales price
Median Boston Condo Sale Price
$699,000 Median Boston condo sales price
UP 9.5% vs Nov 2020
Boston Median condo Sales price per sq ft.
Median Sale Price/SF
Boston condo sales
333 Boston condo sales in November 2021
DOWN 2.1% vs Nov 2020
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The following is the most recent sales data release for September 2021
Boston Condo Sales
Up in September by 35.2% versus September 2020
Median Boston condo sales price
$725,000 Up 11.3% versus September 2020
Boston Condo Inventory
1,573 Boston condos for sale. Down 26.2% versus September 2020
Boston Condo Days-on-Market
95 days to put a Boston condo under the agreement. UP 13.7% versus September 2020
Boston Condo Median Sales Price Per. Sq. Ft.
$794.00 per sq fr. Up 17.9% versus September 2020
Boston Condos for sale Sale
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Boston Condos for sale Sale
Asking prices for homes reached an all-time high in September, despite pending sales and new listings cooling.
According to a new Redfin report, asking prices of newly listed homes last month reached an all-time high: They are up 12% from a year ago to a median of $361,250.
Redfin chief economist Daryl Fairweather said the increase in asking prices shows home sellers’ optimism about the market, but there are still signs that mortgage rates are starting to rise.
“The hit to affordability that comes with higher rates and higher home prices could let some steam out of the market,” he said in a press release. “It’s never a good idea to overprice your home, but I would be especially wary of overpricing, as seasonal cooling trends persist and rising rates take some affordability out of the homebuying equation.”
Despite the increase in asking prices, pending sales were up 4% from a year earlier, the lowest increase since June 2020, a sign of typical seasonal cooling, according to the report, which also noted new listings were down 20% from their 2021 peak.
For the four weeks ended Sept. 26, new listings were down 78% from the previous year, as they continued to be below the 2020 levels of the four weeks ended Aug. 22. Active listings also dropped, down 22% from 2020.
Just over 45% of homes that went under contract in September had an offer within the first two weeks, three percentage points higher than the rate last year. Homes under contract within one week hit 33%, up from 31% a year earlier.
Mortgage applications dropped 1% week-over-week during the period.
Boston Condos for sale Sale
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Boston Condos for Sale 2021
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Number of Boston Condo Sales – 548
UP 16.3% vs Aug 2020
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Median Sale Price – $600,800
UP 6.0% vs Aug 2020
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DOWN 29.1% vs Aug 2020
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UP 105.7% vs Aug 2020
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Median Sale Price/SF – $729 price per sq ft.
UP 8.2% vs Aug 2020
