| Search by tag or site | Login to my blog ▪ Start my own blog |
![]() |
The Boston Real Estate BlogI am an independent real estate broker, focused on the residential real estate market in downtown Boston. |
Number of condo sales drop in Boston, year-to-year, in October September
My numbers show a 25% decline, in sales volume, year-to-year, for September, in Boston.
Others have numbers somewhat similar, according to Scott Van Voorhis, in the Herald:
[A]verage downtown Boston condo prices dropped to $430,473 during the third quarter, down from $438,750 during the same period in 2005, said John Ford, head of Ford Realty, citing preliminary numbers from a local data service.
Sales dropped during the same period to 1,261, down from 1,500 during the third quarter of 2005. Time on market, in turn, increased to an average of 97 days, up from 58 last year, said Ford, citing early numbers found on the Mulitiple Listing Service.
“It’s a mixed bag,” Ford said. “It appears more and more likely it will be a soft landing and not a crash.”
Okay. Then Mr. Van Voorhis pulls a fast one (again).
In deluxe Midtown, which includes the posh Ritz-Carlton towers, the number of condos sold dropped to less than half of last year’s 101.
That's accurate. But, why did the number of sales drop?
Well, last year, all the units at Lafayette Lofts closed. As did sales at 3 Avery, the discount Ritz Carlton units. Fifty-four units, in fact. Which, if you remove from the equation, means just about as many unit sold this year, as last.
Complete story: Condo sales keep sliding down - By Scott Van Voorhis, The Boston Herald
More posts about: boston condo sales databoston condo sales data
- Where Small People Fear To Tread …
- Looking For Real Estate Agents / Bloggers
- Boston Residential Real Estate Condo Sales, October 6, 2007
- Us Gained Jobs In August & September … Did You Expect Otherwise?
- Mousy, Mousy, Mousy: City Of Boston Most At Risk For Rodent Infestation
- Oct 2007
- Sep 2007
- Aug 2007
- Jul 2007
- Jun 2007
- May 2007
- Apr 2007
- Mar 2007
- Feb 2007
- Jan 2007
- Dec 2006
- Nov 2006
- Oct 2006
- Sep 2006
![]()
- The Boston Condo Blog
- Millionaire Now! by Larry Nusbaum
- The Boston Real Estate Blog
- Biiwii.com Notes
- Investor Alert
- The Technical Trader
NOTE: Please click on the charts below to enlarge them [read more]
NOTE: Please click on the charts below to enlarge them if [read more]
NOTE: Please click on the charts below to enlarge them [read more]













<< My Home | TheMoneyBlogs Home