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
| Q1 2011 | 8 | $1,610,000 | 156 |
|---|
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
| $0-$999,999 | 2 | $943,450 | 75 |
|---|---|---|---|
| $1,000,000-$1,499,999 | 3 | $1,399,000 | 134 |
| $1,500,000-$1,999,999 | 2 | $1,537,000 | 261 |
| $2,000,000+ | 4 | $2,222,000 | 130 |
Related posts:
