Buying and Selling a home in the Greater Boston Area

Avenue 3 "Week in Review" Spotlights Pending Sales in Boston MA

Posted by Avenue 3 Real Estate on Wed, May 18, 2011

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May 18, 2011

 

Week In Review

Boston had strong pending sale numbers last week.  166 total - and somewhat evenly divided throughout the Boston Neighborhoods. In terms of condo sales: Back Bay is the front runner with 14 pending properties, Jamaica Plain is a close second with 12 and Charlestown pulling up 3rd with 6! 

Overall April 2011 vs April 2010 sold numbers for Boston condos looks like this:

April 2010: 344 condos sold, average sale price:  $506,648

April 2011: 289 condos sold, average sale price: $524,228

Number of units down but sale prices up!

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total number of offers accepted for all property categories 05.08.11 - 05.15.11
 
For community resources, trending topics or to search for homes click on the town name ...  

First # under agreement for this week, second # "WIR"  last week....

 
 Arlington 22 / 16
 
Belmont   6 / 8
 
Boston 166 / 137
 
Cambridge 25 / 27
 
Concord 6 / 6
 
Lexington 8 / 7
 Lincoln   2 / 2
 
Medford 9 /12
 Somerville
 17/23
 
Waltham 8 /13
 Watertown 
10/12 
 
Winchester 1 / 8

What do the above numbers mean? If you are a regular viewer of "Week in Review" the Boston and Metro West under agreement numbers remain relatively consistent week to week...Boston jumps up/down by 10% - 25% week to week.  One or two towns in Metro West will jump up/down by 3 - 10 properties week to week.  This is all good news for the above towns and cities. 

 
  Do you have a specific town or towns you would like to receive real estate related data on or would you like to receive the "pending sales" report weekly? Sign-up here for the Week in Review".

Topics: condos, Boston area, Boston Metro West, pending sales, Boston MA Real Estate

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