Market Report Charlestown, Massachusetts
Single Family, Condominium, and Multifamily Homes Y e a r E n d 2 0 15
Charlestown Statistics Single Family Homes Average Sale Price - Number of Bedrooms - 2015 Range $536,000 - $1,300,000 $530,000 - $1,775,000 $400,000 - $1,950,000 $658,000 - $1,350,000
2 Bed 3 Bed 4 Bed 5 Bed
Number of Listing Sold 11 27 21 4
Days on the Market 45 38 45 30
Average Sale Price $ 739,182 $ 966,564 $ 1,150,774 $ 990,938
Historical Average Sale Price - Past 10 Years Year 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
% Change -6.212% -0.828% -14.056% 27.076% -10.290% 10.875% 5.757% 11.549% 15.269%
Number of Listing Sold 34 51 61 47 64 50 76 68 70 63
Days on the Market 141 130 99 140 113 97 94 45 48 41
Average Sale Price $ 720,403 $ 675,648 $ 670,053 $ 575,870 $ 731,795 $ 656,494 $ 727,888 $ 769,789 $ 858,695 $ 989,813
$989,813 $858,695 $720,403
$731,795
$675,648 $670,053
$575,870
2006
2007
2008
2009
$656,494
2010
Source: MLSPIN, as of 01/07/2016; Zip Code 02129
2011
$727,888
2012
$769,789
2013
2014
2015
Market statistics
Total Sold - Charlestown Single Family Homes, Zip Code 02129, 1/1/2015 - 12/31/2015
# of
Price Range $400,000 - $449,999 $450,000 - $499,999 $500,000 - $599,999 $600,000 - $699,999 $700,000 - $799,999 $800,000 - $899,999 $900,000 - $999,999 $1,000,000 - $1,499,999 $1,500,000 - $1,999,999
Total Properties
Avg. Days Average on Listings Market Sale Price
Average
SP:LP
Average
SP:OP
List Price
Ratio
Orig Price
Ratio
1 0 4 10 9 8 6 15 10
56 0 82 33 23 43 37 46 40
$400,000 $0 $544,000 $643,800 $749,056 $854,500 $970,500 $1,139,383 $1,685,299
$429,000 $0 $542,000 $621,990 $735,889 $850,613 $930,166 $1,118,467 $1,528,700
93 0 101 104 102 101 105 102 111
$429,000 $0 $549,500 $633,480 $735,889 $850,613 $955,150 $1,178,800 $1,577,700
93 0 99 102 102 101 103 100 108
63
41
$989,813
$950,632
104
$977,454
102
Source: MLSPIN, as of 01/07/2016
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Charlestown Statistics Condominiums Average Sale Price - Number of Bedrooms - 2015 Number of Range Listing Sold 0-1 Bed $263,000 - $1,149,000 90 2 Bed $345,000 - $2,300,000 182 3-4 Bed $394,000 - $2,100,000 47
Days on the Market 46 45 42
Average Sale Price $ 451,731 $ 662,097 $ 959,186
Historical Average Sale Price - Past 10 Years Year 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
% Change 4.133% -5.452% -5.643% 5.027% -1.228% 2.006% 21.444% 4.920% 7.684%
Number of Listing Sold 221 304 227 219 230 232 334 379 262 319
Days on the Market 122 117 122 116 118 108 87 43 40 45
$572,228 $479,315$499,124 $471,910
2006
2007
2008
$445,280 $467,666 $461,922
2009
2010
2011
Source: MLSPIN, as of 01/28/2016; Zip Code 02129
Average Sale Price $ 479,315 $ 499,124 $ 471,910 $ 445,280 $ 467,666 $ 461,922 $ 471,187 $ 572,228 $ 600,382 $ 646,518 $600,382
$646,518
$471,187
2012
2013
2014
2015
Market statistics
Total Sold - Charlestown Condominiums, Zip Code 02129, 1/1/2015 - 12/31/2015
# of
Price Range $250,000 - $299,999 $300,000 - $349,999 $350,000 - $399,999 $400,000 - $449,999 $450,000 - $499,999 $500,000 - $599,999 $600,000 - $699,999 $700,000 - $799,999 $800,000 - $899,999 $900,000 - $999,999 $1,000,000 - $1,499,999 $1,500,000 - $1,999,999 $2,000,000 - $2,499,999
Total Properties
Avg. Days on Listings Market
Average
Average
SP:LP
Average
SP:OP
Sale Price
List Price
Ratio
Orig Price
Ratio
3 11 19 43 32 51 76 30 14 12 21 5 2
87 65 40 41 51 44 39 40 54 29 48 101 39
$273,000 $329,227 $382,684 $427,960 $474,858 $547,268 $645,732 $736,187 $852,071 $947,042 $1,227,643 $1,676,800 $2,200,000
$275,967 $337,582 $378,821 $427,863 $472,831 $541,976 $634,747 $722,803 $839,986 $937,667 $1,214,476 $1,776,200 $2,174,500
99 98 101 100 101 101 102 102 102 101 101 95 101
$285,967 $342,127 $384,611 $428,328 $481,572 $545,963 $638,008 $724,273 $884,636 $968,333 $1,235,619 $1,815,400 $2,174,500
96 97 100 100 99 101 102 102 98 99 100 93 101
319
45
$646,518
$641,314
101
$649,521
100
Source: MLSPIN, as of 01/28/2016
SERVICE@DWELL360.Com | 617-299-1854
Charlestown Statistics Multifamily Homes Average Sale Price - Number of Units in Building - 2015 Number of Range Listing Sold 2 Units $740,000 - $2,000,000 7 3-4 Units $775,000 - $1,850,000 8
Days on the Market 60 42
Average Sale Price $ 1,062,154 $ 1,254,375
Historical Average Sale Price - Past 10 Years Year 2006 2007 2008 2009 2010 2011 2012 2013* 2014 2015
% Change -28.272% -23.747% 12.266% -1.357% 6.034% 67.874% -8.218% -6.816% 33.297%
Number of Listing Sold 10 14 8 11 8 9 5 11 12 15
Days on the Market 84 94 173 188 41 58 75 65 19 50
Average Sale Price $ 947,533 $ 679,643 $ 518,250 $ 581,818 $ 573,925 $ 608,553 $1,021,600 $ 937,650 $ 873,742 $ 1,164,672 $1,164,672
$1,021,600
$947,533 $679,643 $518,250
2006
2007
2008
$937,650
$873,742
$581,818 $573,925 $608,553
2009
2010
2011
2012
2013*
2014
Source: MLSPIN, as of 01/07/2016; Zip Code 02129 *2013 data includes only multifamily properties that had 2 or more units in the building.
2015
Market statistics
Total Sold - Charlestown Multifamily Homes, Zip Code 02129, 1/1/2015 - 12/31/2015
# of
Price Range $700,000 - $799,999 $800,000 - $899,999 $900,000 - $999,999 $1,000,000 - $1,499,999 $1,500,000 - $1,999,999 $2,000,000 - $2,499,999
Total Properties
Avg. Days on Listings Market
Average
Average
SP:LP
Average
SP:OP
Sale Price
List Price
Ratio
Orig Price
Ratio
2 2 5 2 3 1
51 97 58 42 16 34
$757,500 $857,500 $963,015 $1,112,500 $1,733,333 $2,000,000
$787,500 $917,000 $962,980 $1,074,500 $1,498,000 $1,925,000
96 94 100 103 116 104
$862,500 $1,050,000 $982,980 $1,074,500 $1,498,000 $1,925,000
89 82 98 103 116 104
15
50
$1,164,672
$1,119,460
103
$1,153,860
99
Source: MLSPIN, as of 01/07/2016
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