Weekly South End Condo Update

We have gathered the below property information for South End Condos that sold last week, and we will compare that to the previous week’s statistics (in parentheses). South End Condos that Sold: 6 (11)

Lowest Price: $286,150 ($329,000)
Median Price: $495,000 ($495,000)
Highest Price: $659,000 ($969,000)
Average Price: $478,108 ($510,909)

Average Days on Market (DOM): 100 (91)
Sales Price / Listing Price Ratio: 100% (97%)

Start Date: 4/1/2007
End Date: 4/7/2007

We saw a lower number of South End condos actually sell this past week, but DOM is still trending down from 2006 highs, and the market is tight for those properties that are priced right, as demonstrated by the sales to listing price ratio.