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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 Q3 2023 vs Q3 2024:
Boston
Average Sales Price
Q3 2023 – $1015205.66
Q3 2024 – $1148288.81
increased by 13%
Average Days On Market
Q3 2023 – 24
Q3 2024 – 31
increased by 29%
Average Sale Price Per Square Foot
Q3 2023 – $831.161235977943
Q3 2024 – $847.947752704872
increased by 2%
Median Sales Price
Q3 2023 – $900000
Q3 2024 – $1100000
increased by 22%
Number of Sold Listings
Q3 2023 – 53
Q3 2024 – 73
increased by 38%
Months Supply of Inventory
Q3 2023 – 1.62
Q3 2024 – 1.71
increased by 6%
Mortgage Rate
Q3 2023 – 6.24%
Q3 2024 – 7.55%
17% decreased
Top 10 Sales
- $2750000 1 Harvard Place Charlestown, MA
- $2395000 5 Adams Street #2 Charlestown, MA
- $2165000 70 High Street #1 Charlestown, MA
- $2050000 65 Rutherford Charlestown, MA
- $1925000 47 Chelsea St #47 Charlestown, MA
- $1900000 9A Monument Square #1 Charlestown, MA
- $1850000 1 Pleasant Street Ct Charlestown, MA
- $1835000 14 Monument Court Charlestown, MA
- $1800000 8 Armory Street Charlestown, MA
- $1775000 197 8th Street #PH219 Charlestown, MA
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