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Boston Real Estate News

2011 Boston First Quarter Sales Report

Posted by Doug Miller on Fri, May 20, 2011 @ 14:05 PM

LINK recently released their First Quarter 2011 Sales Report.

Few Highlights:

Average Sale price is up 4.34% citywide since this same quarter in 2010, but the average price per square foot is only up 1.11%

The average days on market has dipped slightly from 135 to 121 (still too long!).

South Boston led all neighborhoods in first quarter sales. Here is a list of the top 5 neighborhoods in terms of sales transactions:

  1. South Boston (83)
  2. Back Bay (82)
  3. South End (74)
  4. Charlestown (47)
  5. Beacon Hill (25)

Inventory though still low has been steadily increasing since its low in December 2010.

Click here to download the report!


Topics: Current Economy, Real Estate Market, Boston Condos, Sales