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Welcome to The Griffin Real Estate Market Update, I’m Danny Griffin.
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 Charleston, here’s what happened in Q1 2023 vs Q1 2024:
Boston
Average Sales Price
Q1 2023 – $1004138.89
Q1 2024 – $1163051.85
increased by 16%
Average Days On Market
Q1 2023 – 48
Q1 2024 – 48
had no change with
Average Sale Price Per Square Foot
Q1 2023 – $755.40364766705
Q1 2024 – $827.917541995011
increased by 10%
Median Sales Price
Q1 2023 – $843750
Q1 2024 – $919000
increased by 9%
Number of Sold Listings
Q1 2023 – 36
Q1 2024 – 27
decreased by 25%
Months Supply of Inventory
Q1 2023 – 0.72
Q1 2024 – 1
increased by 39%
Mortgage Rate
Q1 2023 – 7.01%
Q1 2024 – 6.48%
8% increased
Top 10 Sales
- $4243000 60 Monument Avenue Charlestown, MA
- $2975000 19 Chestnut St Charlestown, MA
- $2020000 70 Green St Charlestown, MA
- $1800000 197 Eighth Street #PH12 Charlestown, MA
- $1700000 6 Constellation Wharf #6 Charlestown, MA
- $1699000 56 Monument Ave #3 Charlestown, MA
- $1460000 197 Eighth St #902 Charlestown, MA
- $1255000 47 Harvard St #C201 Charlestown, MA
- $1010000 417 Bunker Hill St #2 Charlestown, MA
- $955000 21 Parker St Charlestown, MA
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➡ 6 Steps To Home Buyer Success – http://griffinbuyercourse.com
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