The below statistics represent sold South End Condos from last week, pulled from the MLS – compared to the previous week’s statistics (in parentheses). South End Condos that Sold: 8 (6)

Lowest Price: $215,000 ($286,150)
Median Price: $485,000 ($495,000)
Highest Price: $1,025,000 ($659,000)
Average Price: $562,062 ($478,108)

Average Days on Market (DOM): 121 (100)
Sales Price / Listing Price Ratio: 98% (100%)

Start Date: 4/8/2007
End Date: 4/14/2007

The stats have been holding somewhat steady for the past month, with slight variations when we see a million dollar condo sell. It’s great to see sales to listing price ratios remaining solid, and an overall trend down in days on market.

In the past month, the number of listings in the South End has increased from 234 to 252, while days on market has dropped on average from 134 to 126. We’ll continue to watch the inventory of listings, perhaps signaling a seasonal uptake in properties on the market.

The Million Dollar South End Listing?

You’d like to know a little bit more about the South End million dollar condo that sold you ask? It was a three-bedroom, two-bath 1,500 square foot penthouse at 83 Montgomery Street, which sold for above list price!