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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 Boston residential properties, here’s what happened in Q2 2023 versus Q2 2022:
Boston
Average Sales Price
Q2 2022 – $1040618.32
Q2 2023 – $1192025.32
increased by 15%
Average Days On Market
Q2 2022 – 23
Q2 2023 – 29
increased by 26%
Average Sale Price Per Square Foot
Q2 2022 – $814.73
Q2 2023 – $835.27
increased by 3%
Median Sales Price
Q2 2022 – $910000
Q2 2023 – $1150000
increased by 26%
Number of Sold Listings
Q2 2022 – 131
Q2 2023 – 79
decreased by 40%
Months Supply of Inventory
Q2 2022 – 1.38
Q2 2023 – 1.05
decreased by 24%
Mortgage Rate
Q2 2022 – 6.84%
Q2 2023 – 5.85%
17% increased
Top 10 Sales
- $3385000 40 Winthrop St Charlestown, MA
- $2950000 1 Adams Street Charlestown, MA
- $2900000 43 Elm St Charlestown, MA
- $2500000 47 Elm Charlestown, MA
- $2400000 16 Auburn St Charlestown, MA
- $2050000 42 Green Street Charlestown, MA
- $1860000 100 Bartlett Street Charlestown, MA
- $1825000 197 8Th St #PH232 Charlestown, MA
- $1825000 380 Bunker Hill St #307 Charlestown, MA
- $1775000 344 Medford Street Charlestown, MA
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