Single family home sales in the Boston market took a little dip this last quarter,...compared to the same quarter in previous years. Although the median price is higher, average prices dropped a bit. Here are some statistics and trends for the 3rd quarter compared to the previous 4 years.
Single Family Home Prices for Boston MA - 3rd Quarter
Average Selling Price
The average selling price in Boston MA for the 3rd quarter decreased -7% from $593,824 (in 2012) to $552,277 (in 2013). This after it decreased -9.47% from $655,968 (in 2011) to $593,824 (in 2012). That after a 13.25% change. These figures present no consistent pattern over the last few years.
| 2009 |
 $450,893 |
| 2010 |
$579,203 |
| 2011 |
$655,968 |
| 2012 |
$593,824 |
| 2013 |
$552,277 |
Lowest Selling Price of Properties Sold
The lowest sale price in Boston MA for the 3rd quarter decreased -99.78% from $120,000 (in 2012) to $270 (in 2013). This after it increased 114.29% from $56,000 (in 2011) to $120,000 (in 2012). Prior to that there was a 1.82% change.
| 2009 |
 $24,900 |
| 2010 |
$55,000 |
| 2011 |
$56,000 |
| 2012 |
$120,000 |
| 2013 |
$270 |
Median Selling Price
The median sale price in Boston MA for the 3rd quarter increased 7.21% from $389,900 (in 2012) to $418,000 (in 2013). This after it increased 4.17% from $374,300 (in 2011) to $389,900 (in 2012). Before that was a -2.65% change.
| 2009 |
 $355,000 |
| 2010 |
$384,500 |
| 2011 |
$374,300 |
| 2012 |
$389,900 |
| 2013 |
$418,000 |
Highest Price of Listings Sold
The highest selling price in Boston MA for the 3rd quarter decreased -38.92% from $10,600,000 (in 2012) to $6,475,000 (in 2013). In the time frame before that, it decreased -7.83% from $11,500,000 (in 2011) to $10,600,000 (in 2012). Before that there was a 22.99% change.
| 2009 |
$7,000,000 |
| 2010 |
$9,350,000 |
| 2011 |
$11,500,000 |
| 2012 |
$10,600,000 |
| 2013 |
$6,475,000 |
Boston MA Single Family Home Sale Prices For 3rd Quarter 2013
For additional Boston MA single family home sale prices for 3rd quarter 2013 or information for other neighborhoods, please contact Ingrid Johnson, Realtor at The Russell Realty Group by calling 508-326-2556 or emailing ingrid.johnson@live.com. Note: This information was extracted from third parties including public records and the Massachusetts MLS Property Information Network, Inc. They are intended to offer a general overview of the real estate market, are not guaranteed, and might not necessarily include every single family sold in Boston (i.e. for sale by owner properties).
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