Boston Condos Average Price Per Square Foot
Here I have put in Graphic form what I outlined in my article:
“The Boston Real Estate Market Has NOT Experienced a Recession. ”
I like using the average price per sq. ft. as it gives me a true sense of relative prices.
Boston Condo Sales 1/1/07 – 5/15/07
Number of Boston condo sales – 364
Avg Boston condo sales price – $487,206
Average list price per square foot: $406
Boston Condo Sales 1/1/08 – 5/15/08
Number of Boston condo sales – 284
Avg Boston condo sales price – $368,250
Average list price per square foot: $350
Boston Condo Sales 1/1/09 – 5/15/09
Number of Boston condo sales – 180
Avg Boston condo sales price – $487,206
Average list price per square foot: $406
Boston Condo Sales 1/1/10 – 5/15/10
Number of Boston condo sales – 436
Avg Boston condo sales price – $489,365
Average list price per square foot: $372
Here are the parameters I used:
Property Type(s): CC
Status: UAG, SLD
Timeframe: 1/1/07 – 5/15/07 - 1/1/10-5/15/10
Price: Between $400,000 and $600,000
Towns: Boston, MA
I like making a graphic representation of these numbers so we can really get the feel for how tough this Boston Real Estate market is hanging in there.
Written by RE/MAX Destiny Accredited Buyers Agent Jeff Persons 617-512-3443
More articles by Jeff:
5 Worst Questions To Ask Your Buyers Agent
A Buyers Agent List of 5 Mission Critical Items to Check Before Buying a Condo
Boston Real Estate, A Recession Proof Investment
5 Clues That Your Boston Real Estate Buyers Agent is a Sellers Agent in a Brilliant Disguise.
A 20 Year Resident of Bostons Back Bay Tells Why He Likes Brookline MA So Much
Return To WeSellBoston.Net
Boston Condo Sales Four Year Price Per Square Foot Averages
{ 2 comments… read them below or add one }
Jeff, good blog post. Do the 2009 numbers include foreclosure sales?
BTW, I like you charts.
Hi John,
I didn’t call out foreclosures specifically.
Thanks for the comment!
I didn’t think anyone was reading.