2022 Q3 Boston Market Report

Page 1

THIRD QUARTER 2022

BOSTON MARKET REPORT
Report Includes LINK Certified Transactions Through September 30th
THE GALLERY New Listings
The Gallery | New Listings 3 Back Bay $13,500,000 150 Beacon St U: 1 | 3 Beds 3f 1h Baths Listing Agent: Bill French 617.620.1912 | Bill.French@CBRealty.com Midtown $7,599,000 Beacon Hill $6,999,000 69 Hancock St | 4 Beds 5f 1h Baths Listing Agent: Hope Krakoff 617.515.7746 | Hope.Krakoff@CBRealty.com 2 Avery St U: 35E | 3 Beds 3f 1h Baths Listing Agent: Lili Banani 617.407.0402 | Lili.Banani@CBRealty.com Waterfront $5,295,000 10 Rowes Wharf U: PH4 | 3 Beds 3f Baths Listing Agent: Jeffrey Goldman 617.840.8332 | Jeffrey.Goldman@CBRealty.com Seaport $4,795,000 326 A St U: 6C | 3 Beds 2f Baths Listing Agent: Lawrence Shevick 617.821.0028 | Lawrence.Shevick@CBRealty.com South End $4,499,000 140 Shawmut Ave U: 8A | 3 Beds 3f 1h Baths Listing Agents: Ricardo Rodriguez & Associates 617.823.0072 | Ricardo.Rodriguez@CBRealty.com Back Bay $3,800,000 1 Huntington Ave U: 404 | 2 Beds 2f 1h Baths Listing Agent: David Mackie 617.480.6044 | David.Mackie@CBRealty.com South End $3,600,000 505 Tremont St U: 610 | 2 Beds 2f 1h Baths Listing Agent: Joelle Maguire 617.877.1849 | Joelle.Maguire@CBRealty.com Midtown $3,499,000 42 Chauncy St U: 8A | 2 Beds 2f 2h Baths Listing Agent: Neda Vander Stoep 617.413.0888 | Neda.VanderStoep@CBRealty.com
Back Bay $3,250,000 180 Beacon St U: 5G | 3 Beds 2f 1h Baths Listing Agent: Neda Vander Stoep 617.413.0888 | Neda.VanderStoep@CBRealty.com Back Bay $2,895,000 330 Beacon St U: 141 | 3 Beds 2f Baths Listing Agents: The Morgan Franklin Group 617.888.5199 | Morgan.Franklin@CBRealty.com Back Bay $2,595,000 400 Stuart St U: 22D | 2 Beds 2f 1h Baths Listing Agent: Susan Collins 617.504.5644 | Sue.Collins@CBRealty.com Bay Village $2,499,000 130 Arlington St U: 1 | 3 Beds 2f 1h Baths Listing Agents: Ricardo Rodriguez & Associates 617.823.0072 | Ricardo.Rodriguez@CBRealty.com South End $2,450,000 76 Wareham St U: 4C | 2 Beds 2f Baths Listing Agent: Joe DeAngelo 617.680.7371 | Joe.DeAngelo@CBRealty.com South End $3,250,000 566 Columbus Ave U: 606 | 3 Beds 2f 1h Baths Listing Agents: Ricardo Rodriguez & Associates 617.823.0072 | Ricardo.Rodriguez@CBRealty.com
The Gallery | New Listings 5 South Boston $2,300,000 719 East Second St U: PH | 3 Beds 2f 1h Baths Listing Agents: The Quirk Group 339.227.0058 | Jessica.Quirk@CBRealty.com Back Bay $2,250,000 220 Boylston St U: 9018 | 1 Bed 1f 1h Baths Listing Agents: Chris Remmes & Co. 617.398.0018 | Chris.Remmes@CBRealty.com South Boston $2,200,000 761 E Broadway St | 3 Beds 3f Baths Listing Agent: Susan Collins 617.504.5644 | Sue.Collins@CBRealty.com South Boston $1,950,000 760 E Broadway St U:1 | 3 Beds 3f Baths Listing Agents: The Dylan Costello Team 617.642.2061 | Dylan.Costello@CBRealty.com Charlestown $1,850,000 3 Constellation Wharf U: 3 | 2 Beds 2f 1h Baths Listing Agent: Karen Colombosian 617.519.6453 | Karen.Colombosian@CBRealty.com South End $1,779,000 11 Durham St U: 5 | 2 Beds 2f Baths Listing Agents: The Whaley/Ring Team 617.699.2597 | Charlie.Ring@CBRealty.com Jamaica Plain $1,369,000 60 Burroughs St U: 34 | 2 Beds 2f 1h Baths Listing Agent: Sabbor Sheikh 617.767.6228 | Sabbor.Sheikh@CBRealty.com Midtown $1,285,000 110 Stuart St U: 20J | 1 Bed 1f 1h Baths Listing Agent: Tracy Shea 617.697.4570 | Tracy.Shea@CBRealty.com South Boston $999,000 39 A St U: 2 | 2 Beds 2f Baths Listing Agents: The Quirk Group 339.227.0058 | Jessica.Quirk@CBRealty.com

TOP TEN

Third Quarter | 2022

Top 10 Single Family Sales Top 10 Condo Sales

1. 5 Louisburg Sq | Beacon Hill $13,000,000 4,852 Square Feet

2. 98 Mt Vernon St | Beacon Hill $7,750,000 4,958 Square Feet

3. 54 Pinckney St | Beacon Hill $5,800,000 3,825 Square Feet

4. 10 W Cedar St | Beacon Hill $5,700,000 4,457 Square Feet

5. 9 Claremont Pk | South End $3,890,000 3,830 Square Feet

6. 68 Pinckney St | Beacon Hill $3,875,000 3,798 Square Feet

7. 20 Charles River Sq | Beacon Hill $3,850,000 2,984 Square Feet

8. 49 Appleton St | South End $3,695,000 2,885 Square Feet

9. 88 Chestnut St | Beacon Hill $3,600,000 2,332 Square Feet

10. 244 L St | South Boston $3,333,333 1,444 Square Feet

1. 88 Beacon St, Unit 3 | Beacon Hill $6,900,000 3,857 Square Feet

2. 50 Beacon St, Unit 5 | Beacon Hill $6,750,000 3,075 Square Feet

3. 128 Beacon St, Unit K | Back Bay $6,100,000 2,927 Square Feet

4. 1 Dalton St, Unit 2801 | Back Bay $5,855,000 2,630 Square Feet

5. 165 Tremont St, Unit 1701 | Midtown $5,700,000 2,934 Square Feet

6. 135 Commonwealth Ave, Unit 7/8 | Back Bay $5,700,000 3,500 Square Feet

7. 300 Pier Four Blvd, Unit 6D | Seaport $5,300,000 2,092 Square Feet

8. 400 Stuart St, Unit 26A | Back Bay $5,200,000 2,428 Square Feet

9. 400 Stuart St, Unit 25A | Back Bay $5,200,000 2,428 Square Feet

10. 110 Broad St, Unit PH3 | Midtown $5,100,000 3,875 Square Feet

Top Ten | Third Quarter 2022 7

BACK

BAY Third Quarter | 2022

$171M

Total Market Volume

44% decrease from 2021’s total market volume for Back Bay, Boston.

2019 had the highest sales volume with $322M while 2022 has the lowest sales volume.

Total Number of Sales

25% decrease from 2021’s total number of sales for Back Bay, Boston.

2019 had the highest number of sales with 136 units while 2020 had the lowest number of sales with 83 units.

Average Days on Market

46% decrease from 2021’s average days on market for Back Bay, Boston.

2021 had the highest number of DOM with 124 while 2018 had the lowest number of DOM with 61 days.

$1.75M $1,390 $1,383

Average Sale Price

25% decrease from 2021’s average sale price for Back Bay, Boston.

2020 had the highest sale price at $2.38M while 2017 had the lowest sale price at $1.47M.

Average List $/SqFt

Year Over Year Average $/SqFt: 2022 2021 2020 2019 2018 2017

List: $1,390 List: $1,387 List: $1,276 List: $1,294 List: $1,293 List: $1,220

Sale: $1,383 Sale: $1,388 Sale: $1,416 Sale: $1,511 Sale: $1,321 Sale: $1,184

Average Sale $/SqFt

98 67 Back Bay | Third Quarter 2022 9
$1,000 $1,100 $1,200 $1,300 $1,400 $1,500 $1,600 $1,700 2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022

BEACON

HILL Third Quarter | 2022

$55M

Total Market Volume

33% decrease from 2021's total market volume for Beacon Hill, Boston.

2021 had the highest sales volume with $81M while 2018 had the lowest sales volume with $45M.

Total Number of Sales

46% decrease from 2021’s total number of sales for Beacon Hill, Boston.

2021 had the highest number of sales with 61 while 2022 has the lowest number sales.

Average Days on Market

25% decrease from 2021’s average days on market for Beacon Hill, Boston.

2018 had the highest number of DOM with 99 days while 2022 has the lowest number of DOM.

Average Sale Price

24% increase from 2021’s average sale price for Beacon Hill, Boston.

2022 has the highest sale price while 2020 had the lowest sale price at $1.12M.

Average List $/SqFt

Year Over Year Average $/SqFt: 2022 2021 2020 2019

List: $1,159 List: $1,185 List: $1,256 List: $1,166 List: $1,200 List: $1,215

Sale: $1,236 Sale: $1,178 Sale: $1,183 Sale: $1,160 Sale: $1,187 Sale: $1,161

Average Sale $/SqFt

Beacon Hill | Third Quarter 2022 11
33
47
$1.66M $1,159 $1,236
2018 2017
$500 $600 $700 $800 $900 $1,000 $1,100 $1,200 $1,300 $1,400 $1,500 $1,600 2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022

$78M

Total Market Volume

2% increase from 2021’s total market volume for Charlestown, Boston.

2020 had the highest sales volume with $106M while 2017 had the lowest sale volume with $70M.

Total Number of Sales

14% decrease from 2021’s total number of sales for Charlestown, Boston.

2020 had the highest number of sales with 130 while 2022 has the lowest number of sales.

Average Days on Market

29% decrease from 2021’s average days on market for Charlestown, Boston.

2021 had the highest number of DOM with 49 while 2017 had the lowest number of DOM with 22 days.

CHARLESTOWN

82
35
Third Quarter | 2022 2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022

$954K

Average Sale Price

18% increase from 2021’s

for Charlestown, Boston.

2022 has the highest sale price while 2017 had the

at $739K.

$842

Average List $/SqFt

Year Over Year Average $/SqFt: 2022 2021 2020 2019 2018 2017

List: $842 List: $778 List: $744 List: $728 List: $724 List: $697

Sale: $841 Sale: $774 Sale: $763 Sale: $767 Sale: $734 Sale: $699

Average Sale $/SqFt

average sale price
lowest sale price
$841
$600 $650 $700 $750 $800 $850 $900 Charlestown | Third Quarter 2022 13 2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022

DORCHESTER

Third Quarter | 2022

$42M

Total Market Volume

56% decrease from 2021’s total market volume for Dorchester, Boston.

2021 had the highest sales volume with $95M while 2022 has the lowest sales volume.

Total Number of Sales

56% decrease from 2021’s total number of sales for Dorchester, Boston.

2021 had the highest number of sales with 162 while 2022 has the lowest number of sales.

Average Days on Market

18% decrease from 2021’s average days on market for Dorchester, Boston.

2019 had the highest number of DOM with 44 days while 2017 had the lowest number of DOM with 26 days.

Average Sale Price

1% decrease from 2021’s average sale price for Dorchester, Boston.

2021 had the highest sale price with $588K while 2017 had the lowest sale price at $472K.

Average List $/SqFt

Year Over Year Average $/SqFt:

2022 2021 2020 2019 2018 2017

List: $510 List: $494 List: $477 List: $464 List: $415 List: $402

Sale: $507 Sale: $499 Sale: $476 Sale: $462 Sale: $417 Sale: $407

Average Sale $/SqFt

$0 $100 $200 $300 $400 $500 $600 Dorchester | Third Quarter 2022 15
72
31 $510
$586K
$507
2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022

EAST BOSTON

$89M

Total Market Volume

52% decrease from 2021’s total market volume for East Boston.

2021 had the highest sales volume with $186M while 2017 had the lowest sales volume with $36M.

Total Number of Sales

48% decrease from 2021’s total number of sales for East Boston.

2021 had the highest number of sales with 263 while 2017 had the lowest number of sales with 71 units.

Average Days on Market

64% decrease from 2021’s average days on market for East Boston.

2021 had the highest number of DOM with 125 while 2017 had the lowest number of DOM with 31 days.

Third Quarter | 2022
137
45
2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022

2021 had the

while 2017

$500K.

with

Average List $/SqFt

Year Over Year Average $/SqFt: 2022 2021 2020 2019 2018 2017

List: $731 List: $804 List: $562 List: $637 List: $543 List: $568

Sale: $732 Sale: $793 Sale: $562 Sale: $748 Sale: $553 Sale: $528

East Boston | Third Quarter 2022 17 $731
$647K Average Sale Price 9% decrease from 2021’s average sale price for East Boston.
highest sale price
$708K
had the lowest sale price at
$732 Average Sale $/SqFt $0 $100 $200 $300 $400 $500 $600 $700 $800 $900 2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022

FENWAY

Third Quarter | 2022

$34M 36

Total Market Volume

12% decrease from 2021’s total market volume for Fenway, Boston.

2021 had the highest sales volume with $38M while 2020 had the lowest sales volume with $22M.

$933K

Average Sale Price

24% increase from 2021’s average sale price for Fenway, Boston.

2022 has the highest sale price while 2017 had the lowest sale price at $707K.

Total Number of Sales

29% decrease from 2021's total number of sales for Fenway, Boston.

2021 had the highest number of sales with 51 units while 2020 had the lowest number sales with 30 units.

Average Days on Market

59% decrease from 2021’s average days on market for Fenway, Boston.

2021 had the highest number of DOM with 68 while 2018 had the lowest number of DOM with 11 days.

$1,081

Average List $/SqFt

$1,079

Average Sale $/SqFt

List: $1,081 List: $991 List: $928 List: $1,091 List: $1,289 List: $1,053

Sale: $1,079 Sale: $988 Sale: $1,015 Sale: $928 Sale: $983 Sale: $852

Year Over Year Average $/SqFt: 2022 2021 2020 2019 2018 2017

Fenway | Third Quarter 2022 19
28
$800 $900 $1,000 $1,100 2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022
JAMAICA PLAIN Third Quarter | 2022

$67M

Total Market Volume

36% decrease from 2021’s total market volume for Jamaica Plain, Boston.

2021 had the highest sales volume with $106M while 2017 had the lowest sales volume with $58M.

Total Number of Sales

39% decrease from 2021’s total number of sales for Jamaica Plain, Boston.

2021 had the highest number of sales with 146 while 2022 has the lowest number of sales.

Average Days on Market

19% decrease from 2021’s average days to offer for Jamaica Plain, Boston.

2019 had the highest number of DOM with 33 while 2022 has the lowest number of DOM.

Average Sale Price

5% increase from 2021’s average sale price for Jamaica Plain, Boston.

2022 has the highest sale price while 2017 had the lowest sale price at $553K.

Average List $/SqFt

Year Over Year Average $/SqFt:

2022 2021 2020 2019 2018 2017

List: $591 List: $582 List: $563 List: $539 List: $503 List: $471

Sale: $609 Sale: $596 Sale: $570 Sale: $545 Sale: $524 Sale: $492

Sale $/SqFt

$0 $100 $200 $300 $400 $500 $600 $700 Jamaica Plain | Third Quarter 2022 21
89
21
$591
$758K
$609 Average
2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022

MIDTOWN

$59M

Total Market Volume

19% decrease from 2021's total market volume for Midtown, Boston.

2017 had the highest sales volume with $115M while 2020 had the lowest sales volume with $40M.

Total Number of Sales

26% decrease from 2021’s total number of sales for Midtown, Boston.

2017 had the highest number of sales with 62 units while 2020 had the lowest number of sales with 29 units.

Average Days on Market

77% decrease from 2021’s average days on market for Midtown, Boston.

2021 had the highest number of DOM with 341 while 2018 had the lowest number of DOM with 40 days.

Third Quarter | 2022
2017 2018 2019 2020 2021 32
80
2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022

Price

Average List $/SqFt

Midtown,

2019 had the

$1.86M while 2020

$1.39M.

Year Over Year Average $/SqFt: 2022 2021 2020 2019 2018 2017

List: $1,186 List: $1,177 List: $712 List: $1,212 List: $1,247 List: $1,456

Sale: $1,180 Sale: $1,172 Sale: $1,021 Sale: $1,164 Sale: $1,194 Sale: $1,233

Midtown | Third Quarter 2022 23 $1,186
$1.83M Average Sale
8% increase from 2021’s average sale price for
Boston.
highest sale price with
had the lowest sale price with
$1,180 Average Sale $/SqFt $750 $850 $950 $1,050 $1,150 $1,250 2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022

NORTH END

Third Quarter | 2022

$23M

Total Market Volume

22% increase from 2021’s total market volume for North End, Boston.

2022 has the highest sales volume while 2019 had the lowest sales volume with $17M.

Total Number of Sales

14% decrease from 2021’s total number of sales for North End, Boston.

2018 had the highest number of sales with 31 while 2019 had the lowest number of sales with 24 units.

Average Days on Market

26% decrease from 2021’s average days on market for North End, Boston.

2017 had the highest number of DOM with 105 while 2020 had the lowest number of DOM with 34 days.

$941K

Average Sale Price

42% increase from 2021’s average sale price for North End, Boston.

2022 has the highest sale price while 2017 had the lowest sale price with $657K.

Average List $/SqFt

Year Over Year Average $/SqFt: 2022 2021 2020 2019 2018 2017

List: $1,035 List: $957 List: $1,041 List: $815 List: $976 List: $862

Sale: $1,034 Sale: $951 Sale: $935 Sale: $899 Sale: $971 Sale: $884

Average Sale $/SqFt

North End | Third Quarter 2022 25
25
49
$1,035
$1,034
$700 $800 $900 $1,000 $1,100 2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022

SEAPORT

Third Quarter | 2022

$38M

Total Market Volume

75% decrease from 2021’s total market volume for Seaport, Boston.

2021 had the highest sales volume with $150M while 2017 had the lowest sales volume with $28M.

Total Number of Sales

62% decrease from 2021’s total number of sales for Seaport, Boston.

2021 had the highest number of sales with 69 units while 2017 had the lowest number of sales with 18 units.

Average Days on Market

0% decrease from 2021’s average days on market for Seaport, Boston.

2021 and 2022 have the highest number of DOM while 2017 had the lowest number of DOM with 29 days.

Average Sale Price

34% decrease from 2021’s average sale price for Seaport, Boston.

2019 had the highest sale price at $2.59M while 2018 had the lowest sale price at $1.32M.

Average List $/SqFt

Year Over Year Average $/SqFt:

2022 2021 2020 2019 2018 2017

List: $1,270 List: $1,561 List: $1,581 List: $798 List: $1,288 List: $794

Sale: $1,270 Sale: $1,559 Sale: $1,526 Sale: $1,529 Sale: $1,096 Sale: $970

Average Sale $/SqFt

Seaport | Third Quarter 2022 27
26
142
$1,270
$1.44M
$1,270
$0 $200 $400 $600 $800 $1,000 $1,200 $1,400 $1,600 $1,800 2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022

$143M

Total Market Volume

36% decrease from 2021’s total market volume for South Boston.

2018 had the highest sales volume of $243M while 2019 had the lowest sales volume with $135M.

Total Number of Sales

35% decrease from 2021’s total number of sales for South Boston.

2018 had the highest number of sales with 294 while 2022 has the lowest number of sales with 168 units.

Average Days on Market

48% decrease from 2021's average days on market for South Boston.

2021 had the highest number of DOM with 85 while 2017 had the lowest number of DOM with 35 days.

SOUTH BOSTON

Third Quarter | 2022
172
44
2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022

$829K

Average Sale Price

0%

for South

$801

Average List $/SqFt

Average Sale $/SqFt

from

2021 and 2022 have the highest

while 2017 had

at $716K.

Year Over Year Average $/SqFt: 2022 2021 2020 2019 2018 2017

List: $801 List: $797 List: $759 List: $778 List: $809 List: $658

Sale: $807 Sale: $797 Sale: $762 Sale: $740 Sale: $799 Sale: $658

South Boston | Third Quarter 2022 29
decrease
2021’s average sale price
Boston.
sale price
the lowest sale price
$807
$600 $650 $700 $750 $800 2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022

SOUTH

END Third Quarter | 2022

$234M

Total Market Volume

9% increase from 2021’s total market volume for South End, Boston.

2020 had the highest sales volume with $237M while 2017 had the lowest sales volume with $177M.

$1.37M

Average Sale Price

14% increase from 2021’s average sale price for South End, Boston.

2022 has the highest sale price while 2017 had the lowest sale price at $1.15M.

Total Number of Sales

4% decrease from 2021’s total number of sales for South End, Boston.

2020 had the highest number of sales with 183 while 2017 had the lowest number of sales with154 units.

39 $1,148

Average List $/SqFt

Year Over Year Average $/SqFt: 2022 2021 2020 2019 2018 2017

List: $1,148 List: $1,046 List: $1,105 List: $1,039 List: $1,068 List: $1,011

Sale: $1,050 Sale: $1,054 Sale: $1,083 Sale: $1,075 Sale: $1,043 Sale: $998

Average Days on Market

37% decrease from 2021’s average days on market for South End, Boston.

2018 had the highest number of DOM with 64 days while 2017 had the lowest number of DOM with 35 days.

Average Sale $/SqFt

South End | Third Quarter 2022 31
171
$1,050
$900 $950 $1,000 $1,050 $1,100 2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022

WATERFRONT

Third Quarter | 2022

$47M

Total Market Volume

37% decrease from 2021’s total market volume for Waterfront, Boston.

2021 had the highest sales volume with $74M while 2020 had the lowest sales volume with $43M.

Total Number of Sales

27% decrease from 2021’s total number of sales for Waterfront, Boston.

2021 had the highest number of sales with 52 while 2020 had the lowest number of sales with 37 units.

Average Days on Market

46% decrease from 2021’s average days on market for Waterfront, Boston.

2020 had the highest number of DOM with 148 days while 2022 has the lowest number of DOM.

$1.24M

Average Sale Price

13% decrease from 2021’s average sale price for Waterfront, Boston.

2019 had the highest sale price at $1.46M while 2020 had the lowest sale price at $1.15M.

$1,028

Average List $/SqFt

Year Over Year Average $/SqFt: 2022 2021 2020 2019 2018 2017

List: $1,028 List: $1,052 List: $1,117 List: $1,142 List: $1,034 List: $1,037

Sale: $1,061 Sale: $1,002 Sale: $986 Sale: $1,019 Sale: $1,011 Sale: $938

Average Sale $/SqFt

Waterfront | Third Quarter 2022 33
38
40
$1,061
$900 $950 $1,000 $1,050 $1,100 2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022

$975M

Total Market Volume

33% decrease from 2021's total market volume for Full Service condo sales in Boston.

2021 had the highest sales volume with $1.45B while 2017 had the lowest sales volume with $963M.

Total Number of Sales

32% decrease from 2021’s total number of sales for Full Service condo sales in Boston.

2021 had the highest number of sales with 1,254 units while 2022 has the lowest number of sales.

Average Days on Market

45% decrease from 2021’s average days on market for Full Service condo sales in Boston.

2021 had the highest number of DOM with 83 while 2017 had the lowest number of DOM with 45 days.

FULL SERVICE Third Quarter | 2022
859
46
2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022

Average Sale Price

2%

2019 had

2017

$1,001

Average List $/SqFt

Year Over Year Average $/SqFt: 2022 2021 2020 2019 2018 2017

List: $1,001 List: $992 List: $954 List: $1,013 List: $1,012 List: $978

Sale: $1,006 Sale: $985 Sale: $967 Sale: $1,005 Sale: $933 Sale: $887

Average Sale $/SqFt

Full Service | Third Quarter 2022 35 $1.14M $1,006
decrease from 2021’s average sale price for Full Service condo sales in Boston.
the highest sale price at $1.25M while
had the lowest sale price at $1.04M. $500 $600 $700 $800 $900 $1,000 $1,100 $1,200 2018 2019 2020 2021 20172022 2018 2019 2020 2021 20172022

Offices

Back Bay 399 Boylston Street 617.266.4430 South End 519 Tremont Street 617.587.4600 Charlestown 91 Main Street 617.242.0025 Waterfront 142 Commercial Street 617.294.9911 Data Source: MLS Property Information Network Inc. As of 09/30/2022. Boston Market Report data includes sales from all firms in LINK and MLS, PIN. © 2022 Coldwell Banker Realty. All Rights Reserved. Coldwell Banker Realty fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Operated by a subsidary of NRT LLC. Coldwell Banker and the Coldwell Banker Logo are registered and unregistered service marks are owned by Coldwell Banker Realty. Instagram @coldwellbankerboston Facebook @CBRealtyBoston LinkedIn @ColdwellBanker On the Web coldwellbankerhomes.com

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