Let’s take a look at the latest South End Condos that have sold from the Boston MLS over the past week, compared to the previous week’s statistics (in parentheses).
The number of South End Condos that sold: 6 (9)
Lowest Price: $377,000 ($380,000)
Median Price: $688,445 ($535,000)
Highest Price: $1,265,000 ($1,140,000)
Average Price: $660,740 ($586,888)
Average Days on Market (DOM): 81 (56)
Sales Price / Listing Price Ratio: 99% (98%)
Start Date: 5/13/2007
End Date: 5/19/2007
The Average Days on Market has stayed (well) below 100 for the past two weeks – a significant drop for the first quarter of 2007 when we saw this number up near the 120 day mark.