Fenway
The uptick in sold activity here was helped along by the auction at Audubon Park, a 53 unit luxury building. Several hundred bidders registered and the remaining 35 units sold in 1 hour. Bids started at around 50% of original asking price. On average units were bid up to within 72% of last asking price.
Compared to 2009:
- Median price is steady at $323,025. Median price per square foot down 3.3% to $504.80
- Time on the market before going under agreement: Down from 69 days to 63 days.
- Available inventory comparable to last year
- Units sold up 10.64% to 156.
For you numbers fans, the full report from LINK (Boston’s own multiple listing system) is available. Please email me and I will get it to you.
If you (or a friend) are looking to buy or sell, please contact me. I welcome the opportunity to put my market expertise to work for you.
