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Real Estate Market Update | Boston | November 2021 Vs October 2021

Real Estate Market Update | Boston | November 2021 Vs October 2021
December 7, 2021 By: Category: Real Estate Market Update

Real Estate Market Update | Boston | November 2021 Vs October 2021

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 Boston residential properties here’s what happened in
November 2021 versus October 2021:

The Number of SOLD listings decreased by 6% to 134 properties with a top sale of $4.7891 million at 135 Seaport Boulevard #PH 3C in Boston.

The Average Sales Price decreased by 21% to $1.37 million moving the Average Price Per Square Foot
down to $1098 per square foot.

The inventory of properties available for sale as measured in months supply decreased by 22% to 3.13 months worth of properties for sale.

The average 30 year fixed mortgage rate had no change with to 3.24% according to Bank Rate.com.

Thanks for tuning in, we’ll see you in the next Griffin Real Estate Market Update.

Boston

Average Sales Price
October 2021 – $1738412.43
November 2021 – $1372947.76
decreased by 21%

Average Days On Market
October 2021 – 53
November 2021 – 38
decreased by 28%

Average Sale Price Per Square Foot
October 2021 – $1175.85
November 2021 – $1097.81
decreased by 7%

Sale to List Price Ratio
October 2021 – 98.38%
November 2021 – 99.02%
increased by 1%

Number of Sold Listings
October 2021 – 142
November 2021 – 134
decreased by 6%

Months Supply of Inventory
October 2021 – 4
November 2021 – 3.13
decreased by 22%

Mortgage Rate
October 2021 – 3.24%
November 2021 – 3.24%
0% had no change with

Top 10 Sales

  1. $4789100 135 Seaport Boulevard #PH 3C Boston, MA
  2. $4437500 776 Boylston St #W9C Boston, MA
  3. $3980000 137 West Canton Street Boston, MA
  4. $3765000 141 W Newton St Boston, MA
  5. $3695000 135 Seaport Boulevard #2008 Boston, MA
  6. $3650000 343 Commercial St. #TH19 Boston, MA
  7. $3250000 73 Mount Vernon St #1 Boston, MA
  8. $3225000 19 Charles River Sq Boston, MA
  9. $3195000 56 Clarendon St #4 Boston, MA
  10. $3150000 2 Avery #25C Boston, MA

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