Newton Condo’s 2008 Sales

A happy new year to all.  The 2008 numbers are tallied and the reults are below.

  • Average Sale Price
  • 2007/2008
  • $543,000/$502,313 
  • Number of Units Sold
  • 2007/2008
  • 293/259
  • Average Days on Market
  • 2007/2008
  • 133/95

The average sale price is down about 7% from 2007.  The number of units sold is down 11% in that same period.  The average days on the market was down 28%.  This is considerable, and one can only conclude that sellers were more realistic in their pricing. 

 

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