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 Q2 2023 vs Q2 2024:
Boston
Average Sales Price
Q2 2023 – $1196212.56
Q2 2024 – $1043639.85
decreased by 13%
Average Days On Market
Q2 2023 – 29
Q2 2024 – 26
decreased by 10%
Average Sale Price Per Square Foot
Q2 2023 – $826.472931936089
Q2 2024 – $857.817290450832
increased by 4%
Median Sales Price
Q2 2023 – $1150000
Q2 2024 – $875000
decreased by 24%
Number of Sold Listings
Q2 2023 – 86
Q2 2024 – 74
decreased by 14%
Months Supply of Inventory
Q2 2023 – 1.1
Q2 2024 – 1.74
increased by 58%
Mortgage Rate
Q2 2023 – 7.02%
Q2 2024 – 6.84%
3% increased
Top 10 Sales
- $2750000 37 High St Charlestown, MA
- $2150000 9 Monument Square #PH Charlestown, MA
- $1900000 71 School St Charlestown, MA
- $1900000 56 Baldwin St Charlestown, MA
- $1850000 9 Monument Square #3 Charlestown, MA
- $1825000 244 Bunker Hill St Charlestown, MA
- $1785000 36 Pleasant St Charlestown, MA
- $1725000 17 Walker St Charlestown, MA
- $1725000 9 Monument Street #R Charlestown, MA
- $1700000 342 Bunker Hill Street #5C Charlestown, MA
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