Market Snapshot - Dorchester Condos

Here are some telling market statistics in the condo market. I compared what many consider the height of the market with today. I'll let you make your own conclusion regarding where the market is going. One thing to note is that if you are selling, you best be sure your condo is the best condo in its price range. There is a lot of competition out there…

	2/15/2005			2/15/2008
Price Range	Number of listings	Avg. Days	vs. today	Number of listings	Avg. Days
Under $50,000	-	-		-	-
$50,000 - $99,999	-	-		9	208
$100,000 - $149,999	4	121		22	102
$150,000 - $199,999	21	76		78	139
$200,000 - $249,999	31	70		71	98
$250,000 - $299,999	59	107		69	124
$300,000 - $349,999	30	86		44	145
$350,000 - $399,999	19	89		21	152
$400,000 - $449,999	5	61		8	226
$450,000 - $499,999	-	-		8	136
$500,000 - $599,999	-	-		2	68
$600,000 - $699,999	-	-		3	95
$700,000 - $799,999	-	-		1	135
$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	-	-		-	-
$2,500,000 - $2,999,999	-	-		-	-
$3,000,000 - $3,999,999	-	-		-	-
$4,000,000 - $4,999,999	-	-		-	-
$5,000,000 - $9,999,999	-	-		-	-
Over $10,000,000	-	-		-	-
Total Properties	169	Avg. 90		336	Avg. 129
Lowest Price:	$130,000		Lowest Price:	$57,500
Median Price:	$269,995		Median Price:	$239,900
Highest Price:	$449,000		Highest Price:	$739,000
Average Price:	$277,755		Average Price:	$256,041
Total Market Volume:	$46,940,695		Total Market Volume:	$86,286,004