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Welcome to The Griffin Real Estate Market Update
If you’re thinking about buying or selling residential real estate, it’s important to understand the current market trends.
According to MLSPIN, the marketplace for Beacon Hill residential properties, here’s what happened in Q2 2023 versus Q2 2022:
Boston
Average Sales Price
Q3 2022 – $2319215
Q3 2023 – $1969562.94
decreased by 15%
Average Days On Market
Q3 2022 – 50
Q3 2023 – 54
increased by 8%
Average Sale Price Per Square Foot
Q3 2022 – $1234.51
Q3 2023 – $1278.5
increased by 4%
Median Sales Price
Q3 2022 – $1200000
Q3 2023 – $1250000
increased by 4%
Number of Sold Listings
Q3 2022 – 40
Q3 2023 – 35
decreased by 13%
Months Supply of Inventory
Q3 2022 – 4
Q3 2023 – 2.85
decreased by 29%
Mortgage Rate
Q3 2022 – 7.55%
Q3 2023 – 6.73%
12% increased
Top 10 Sales
- $7345000 81 Beacon Street #PH Beacon Hill, MA
- $6550000 83 Mount Vernon St #2 Beacon Hill, MA
- $6350000 4 West Cedar St Beacon Hill, MA
- $6170000 17 W Cedar St Beacon Hill, MA
- $4228000 39-41 Mount Vernon St #II Beacon Hill, MA
- $3400000 66 Mount Vernon St #1 Beacon Hill, MA
- $2900000 69 River St Beacon Hill, MA
- $2800000 21 W. Cedar Street #1 Beacon Hill, MA
- $2408303 1A Joy #3 Beacon Hill, MA
- $2350000 140 Mount Vernon St #5 Beacon Hill, MA
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