Real Estate Market Update | Boston | 2020 1st Quarter vs 2019 1st Quarter

Real Estate Market Update | Boston | 2020 1st Quarter vs 2019 1st Quarter

Real Estate Market Update | Boston | 2020 1st Quarter vs 2019 1st Quarter

Boston

Average Sales Price
Q1 2019 – $1354846.12
Q1 2020 – $1847193.46
36% Increase

Average Days On Market
Q1 2019 – 67
Q1 2020 – 69
3% Increase

Average Sale Price Per Square Foot
Q1 2019 – $1001.8
Q1 2020 – $1193
19% Increase

Sale to List Price Ratio
Q1 2019 – 98.14%
Q1 2020 – 97.78%
0% No Change

Number of Sold Listings
Q1 2019 – 259
Q1 2020 – 285
10% Increase

Months Supply of Inventory
Q1 2019 – 6.4
Q1 2020 – 4.89
24% Decrease

Mortgage Rate
Q1 2019 – 4.17%
Q1 2020 – 3.75%
10% Decrease

Top 10 Sales
1. $15750000 89 Beacon Street #PH Boston, MA
2. $10750000 208 Beacon Boston, MA
3. $9900000 348 Beacon Street #PH Boston, MA
4. $9500000 6 Louisburg Square Boston, MA
5. $8800000 309 Marlborough St Boston, MA
6. $8500000 40 Beacon #4 Boston, MA
7. $7500000 2 Commonwealth Ave #14F Boston, MA
8. $6800000 7 Mount Vernon Place Boston, MA
9. $6375000 142 Beacon St. #2 Boston, MA
10. $6250000 300 Boylston St #1202 Boston, MA

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