The South End was just ranked as the best place to live for food lovers… So lets see how the South End Real Estate Market is fairing.
As of the end of May there are 245 condos currently for sale for an average price of $728,074 with an average market time of 81. This is an increase in inventory when compared to last years 215 homes that were on the market for the average market price of $659,231.
We saw 46 homes sell in the month of May for an average sale price of $675,522 which was 97.37% of the sellers asking price. This is a slight decline from last years 52 years sold, but was nearly a $70k increase in the average sales price of $608,836. In the South End we currently have 9.07 months worth of inventory compared to last years 6.65 months worth of inventory. This signals that it is a buyer’s market in the South End!
If you are thinking about buying or selling a home in South End, then give Jeffrey Chubb of RE/MAX Select a call at 617-480-2600 or visit him on the web at www.MoveWithChubb.com. His expertise is second to none as he is one of the top agents in the state and sells on average a home a week. You won’t be disappointed!
Wondering what your home is worth, then get a Certified Market Analysis dropped into your INBOX today by visiting www.MAPropertyValue.com.