Boston, MA Area Market Review 2021 vs. 2020 As of February 8, 2021 Prepared by Michelle Atkins on Monday, February 08, 2021
Single Family Listing Inventory on February 8
2020
2021
Var.
Var. %
Listing Units
83
100
17
20.48%
Average Days on Market
79
108
29
36.71%
Average List Price
$2,638,770.41
$2,515,170.88
-$123,599.53
-4.68%
Average List $ / SqFt
$721.05
$764.17
$43.12
5.98%
Approximate Absorption Rate
96.99%
75.42%
-21.57%
-22.24%
Approximate Months Supply of Inventory
1.03
1.33
0.30
29.13%
Listed (Year to Date)
2020
2021
Var.
Var. %
Listing Units (Taken)
87
76
-11
-12.64%
Average Original List Price
$1,488,258.85
$1,269,659.71
-$218,599.14
-14.69%
Average Original List $ / SqFt
$574.95
$502.48
-$72.47
-12.60%
Went Pending (Year to Date)
2020
2021
Var.
Var. %
Listing Units (Went Pending)
65
73
8
12.31%
Average List Price
$1,297,002.40
$885,675.89
-$411,326.51
-31.71%
Average List $ / SqFt
$498.87
$432.44
-$66.43
-13.32%
Average Days to Offer
46
44
-2
-4.35%
Listed & Price Changed (Year to Date)
2020
2021
Var.
Var. %
Listing Units (Price Changed)
11
3
-8
-72.73%
Average Original List Price
$769,172.55
$812,333.33
$43,160.78
5.61%
Average Original List $ / SqFt
$417.72
$519.53
$101.81
24.37%
Sold (Year to Date)
2020
2021
Var.
Var. %
Closed Units (Sold)
52
83
31
59.62%
Average Days on Market
50
49
-1
-2%
Average Days to Offer
38
34
-4
-10.53%
Average Sale Price
$1,042,775.21
$1,249,191.57
$206,416.36
19.79%
Average Sale $ / SqFt
$431.62
$511.30
$79.68
18.46%
Average List Price
$1,109,508.33
$1,322,465.71
$212,957.38
19.19%
Average List $ / SqFt
$443.82
$525.10
$81.28
18.31%
Average Original List Price
$1,152,973.71
$1,371,925.95
$218,952.24
18.99%
Average Original List $ / SqFt
$454.60
$536.49
$81.89
18.01%
Average Sale Price as % of List Price
98.35%
99.21%
0.86%
0.87%
Average Sale Price as % of Original List Price
96.66%
97.77%
1.11%
1.15%
Average Sale Price as % of Assessed Price
135.98%
N/A
N/A
N/A
Sold Units - Short Sale
0
0
0
0%
Sold Units - Lender-Owned
1
0
-1
-100%
12-Month Activity as of February 8
2020
2021
Var.
Var. %
Units Listed
1220
1274
54
4.43%
Units Price Changed
317
303
-14
-4.42%
Units Went Pending
1034
1024
-10
-0.97%
Units Sold
966
905
-61
-6.31%
Trend
Trend
Trend
Trend
Trend
Trend
This information gathered from third parties, including seller and public records. MLS PIN and subscribers disclaim all representations/warranties as to its DFFXUDF\ &RQWHQW ‹ 0/6 3URSHUW\ ,QIRUPDWLRQ 1HWZRUN ,QF
Boston, MA Area Market Review 2021 vs. 2020 As of February 8, 2021 Prepared by Michelle Atkins on Monday, February 08, 2021
Condominium Listing Inventory on February 8
2020
2021
Var.
Var. %
Listing Units
683
948
265
38.80%
Average Days on Market
87
106
19
21.84%
Average List Price
$1,655,386.51
$1,473,856.42
-$181,530.09
-10.97%
Average List $ / SqFt
$1,014.15
$1,007.08
-$7.07
-0.70%
Approximate Absorption Rate
54.62%
36.66%
-17.96%
-32.88%
Approximate Months Supply of Inventory
1.83
2.73
0.90
49.18%
Listed (Year to Date)
2020
2021
Var.
Var. %
Listing Units (Taken)
581
662
81
13.94%
Average Original List Price
$1,055,675.74
$1,081,493.27
$25,817.53
2.45%
Average Original List $ / SqFt
$839.04
$874.58
$35.54
4.24%
Went Pending (Year to Date)
2020
2021
Var.
Var. %
Listing Units (Went Pending)
440
581
141
32.05%
Average List Price
$931,085.58
$906,542.33
-$24,543.25
-2.64%
Average List $ / SqFt
$766.44
$763.66
-$2.78
-0.36%
Average Days to Offer
57
60
3
5.26%
Listed & Price Changed (Year to Date)
2020
2021
Var.
Var. %
Listing Units (Price Changed)
32
39
7
21.88%
Average Original List Price
$857,194.69
$708,187.15
-$149,007.54
-17.38%
Average Original List $ / SqFt
$783.74
$754.23
-$29.51
-3.77%
Sold (Year to Date)
2020
2021
Var.
Var. %
Closed Units (Sold)
342
361
19
5.56%
Average Days on Market
63
65
2
3.17%
Average Days to Offer
45
50
5
11.11%
Average Sale Price
$1,034,968.77
$834,927.60
-$200,041.17
-19.33%
Average Sale $ / SqFt
$803.10
$780.24
-$22.86
-2.85%
Average List Price
$1,064,578.96
$860,790.32
-$203,788.64
-19.14%
Average List $ / SqFt
$819.82
$799.70
-$20.12
-2.45%
Average Original List Price
$1,088,308.73
$883,867.20
-$204,441.53
-18.79%
Average Original List $ / SqFt
$837.18
$819.38
-$17.80
-2.13%
Average Sale Price as % of List Price
98.27%
97.67%
-0.60%
-0.61%
Average Sale Price as % of Original List Price
96.29%
95.32%
-0.97%
-1.01%
Average Sale Price as % of Assessed Price
N/A
N/A
N/A
N/A
Sold Units - Short Sale
0
0
0
0%
Sold Units - Lender-Owned
2
2
0
0%
12-Month Activity as of February 8
2020
2021
Var.
Var. %
Units Listed
6445
7329
884
13.72%
Units Price Changed
1883
2356
473
25.12%
Units Went Pending
4941
4739
-202
-4.09%
Units Sold
4477
4170
-307
-6.86%
Trend
Trend
Trend
Trend
Trend
Trend
This information gathered from third parties, including seller and public records. MLS PIN and subscribers disclaim all representations/warranties as to its DFFXUDF\ &RQWHQW ‹ 0/6 3URSHUW\ ,QIRUPDWLRQ 1HWZRUN ,QF
Boston, MA Area Market Review 2021 vs. 2020 As of February 8, 2021 Prepared by Michelle Atkins on Monday, February 08, 2021
Multi Family Listing Inventory on February 8
2020
2021
Var.
Var. %
Listing Units
73
133
60
82.19%
Average Days on Market
78
95
17
21.79%
Average List Price
$2,270,056.01
$1,718,049.76
-$552,006.25
-24.32%
Average List $ / SqFt
$470.60
$453.16
-$17.44
-3.71%
Approximate Absorption Rate
81.85%
33.40%
-48.45%
-59.19%
Approximate Months Supply of Inventory
1.22
2.99
1.77
145.08%
Listed (Year to Date)
2020
2021
Var.
Var. %
Listing Units (Taken)
70
94
24
34.29%
Average Original List Price
$1,645,764.11
$1,304,572.17
-$341,191.94
-20.73%
Average Original List $ / SqFt
$397.03
$388.64
-$8.39
-2.11%
Went Pending (Year to Date)
2020
2021
Var.
Var. %
Listing Units (Went Pending)
64
73
9
14.06%
Average List Price
$1,128,815.44
$1,102,456.05
-$26,359.39
-2.34%
Average List $ / SqFt
$340.29
$363.44
$23.15
6.80%
Average Days to Offer
57
41
-16
-28.07%
Listed & Price Changed (Year to Date)
2020
2021
Var.
Var. %
Listing Units (Price Changed)
3
6
3
100%
Average Original List Price
$1,075,233.00
$1,158,499.83
$83,266.83
7.74%
Average Original List $ / SqFt
$316.15
$367.74
$51.59
16.32%
Sold (Year to Date)
2020
2021
Var.
Var. %
Closed Units (Sold)
75
70
-5
-6.67%
Average Days on Market
63
60
-3
-4.76%
Average Days to Offer
48
42
-6
-12.50%
Average Sale Price
$1,475,524.87
$967,203.57
-$508,321.30
-34.45%
Average Sale $ / SqFt
$336.12
$328.52
-$7.60
-2.26%
Average List Price
$1,572,517.25
$1,009,045.67
-$563,471.58
-35.83%
Average List $ / SqFt
$351.71
$341.54
-$10.17
-2.89%
Average Original List Price
$1,600,330.60
$1,048,231.37
-$552,099.23
-34.50%
Average Original List $ / SqFt
$361.56
$353.45
-$8.11
-2.24%
Average Sale Price as % of List Price
96.72%
96.79%
0.07%
0.07%
Average Sale Price as % of Original List Price
94.47%
94.28%
-0.19%
-0.20%
Average Sale Price as % of Assessed Price
N/A
5,398.41%
N/A
N/A
Sold Units - Short Sale
0
0
0
0%
Sold Units - Lender-Owned
0
0
0
0%
12-Month Activity as of February 8
2020
2021
Var.
Var. %
Units Listed
1089
1037
-52
-4.78%
Units Price Changed
320
319
-1
-0.31%
Units Went Pending
828
643
-185
-22.34%
Units Sold
717
533
-184
-25.66%
Trend
Trend
Trend
Trend
Trend
Trend
This information gathered from third parties, including seller and public records. MLS PIN and subscribers disclaim all representations/warranties as to its DFFXUDF\ &RQWHQW ‹ 0/6 3URSHUW\ ,QIRUPDWLRQ 1HWZRUN ,QF
Boston, MA Area Market Review 2021 vs. 2020 As of February 8, 2021 Prepared by Michelle Atkins on Monday, February 08, 2021
Single Family
This information gathered from third parties, including seller and public records. MLS PIN and subscribers disclaim all representations/warranties as to its DFFXUDF\ &RQWHQW ‹ 0/6 3URSHUW\ ,QIRUPDWLRQ 1HWZRUN ,QF
Boston, MA Area Market Review 2021 vs. 2020 As of February 8, 2021 Prepared by Michelle Atkins on Monday, February 08, 2021
Condominium
This information gathered from third parties, including seller and public records. MLS PIN and subscribers disclaim all representations/warranties as to its DFFXUDF\ &RQWHQW ‹ 0/6 3URSHUW\ ,QIRUPDWLRQ 1HWZRUN ,QF
Boston, MA Area Market Review 2021 vs. 2020 As of February 8, 2021 Prepared by Michelle Atkins on Monday, February 08, 2021
Multi Family
This information gathered from third parties, including seller and public records. MLS PIN and subscribers disclaim all representations/warranties as to its DFFXUDF\ &RQWHQW ‹ 0/6 3URSHUW\ ,QIRUPDWLRQ 1HWZRUN ,QF