South End Condo Market Statistics

The weekly roundup of South End Condos that have sold have been compiled from the Boston MLS – compared to the previous week’s statistics (in parentheses). The number of South End Condos that sold: 9 (18)

Lowest Price: $380,000 ($272,500)
Median Price: $535,000 ($487,500)
Highest Price: $1,140,000 ($899,000)
Average Price: $586,888 ($388,208)

Average Days on Market (DOM): 56 (114)
Sales Price / Listing Price Ratio: 98% (98%)

Start Date: 5/6/2007
End Date: 5/12/2007

The million dollar listing (two-bedroom penthouse duplex at 82 Montgomery Street) was on the market for a single day before going under agreement with a full price offer, perhaps a testament to what we have seen lately with properties moving quickly if priced correctly from the beginning.