A market update from Suburban Appraisal Services, your experienced Boston real estate appraiser.
Eight new homes have sold during 2011 with a median sales price of $1,610,000. Average marketing time was 156 days. Columns are quarter, # of sales, median price, days on market.
New Home Sales Q1 2011
At present, there are eleven (11) new homes listed for sale and there are five pending sales. Median list price for the active offerings is $1,537,000 and the median list price of the pending sales is $2,195,000. The below table illustrates the active offerings. Columns are price range, # of listings, median asking price, days on market.
2011 Single Family New Homes Current Listings, by Price Range