With the start of a new year, we now have visibility into summary statistics for deeded parking spaces that sold in downtown* Boston during 2008. Both average and median sales prices for Boston parking spots increased in 2008 over 2007 numbers.
2008
Number Sold: 93
Average: $80,459
Median: $65,000
Average DOM: 112 days
Approximately 20 $100,000+ parking spot sales in the Back Bay, Beacon Hill, South End, North End, and Waterfront bolstered sales figures in 2008.
2007
Number Sold: 117
Average: $71,865
Median: $40,000
Average DOM: 73 days
2006
Number Sold: 53
Average: $93,225
Median: $75,000
Average DOM: 202 days
*Downtown Boston includes the following neighborhoods: Back Bay, Beacon Hill, Chinatown, Fenway, Financial District, Leather, Midtown, North End, Seaport, South Boston, South End, Theatre District, Waterfront, West End.
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Keith Munsell 
January 4th, 2009 at 8:30 PM
any insight into what a single parking spot on Marlborough Street goes for? The area around Hereford specifically
January 5th, 2009 at 7:14 PM
Alan, the most appropriate parking spot sale to compare against is 348 Marlborough Street #B, which sold in early October 2008 for $98,000.
January 6th, 2009 at 6:14 PM
How about parking spots at 151 Tremont St (the Tremont on the Common)?
January 6th, 2009 at 7:18 PM
Hank, there were more than 10 parking spot sales at Tremont on the Common in 2008. The average sales price was $58,400 and the median was $64,000.