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2008 South Boston Market Report

According to 2008 MLS statistics in South Boston:

418 condos sold in South Boston

• The lowest price unit to sell was a $95,426 3-bedroom condo on Rogers Street
• The highest price unit was a $1,025,000 condo sold at the Macallen building on 141 Dorchester Ave
• The average list price was $400,862
• The average sale price was $385,301
• The average market time was approximately 97.59 days
• The average list per square foot was $387

40 Single Family homes sold in South Boston

• The lowest price property to sell was a $185,000 2-bedroom home on E. 2nd Street
• The highest price property to sell was a $755,000 4-bedroom home on I street
• The average list price was $486,610
• The average sale price was $467,595
• The average market time was 97.59 days

43 Multi family homes sold in South Boston

• The lowest price multi family home to sell was a $265,750 home on W 5th Street
• The highest price multi family home to sell was a $1,150,000 home on M Street
• The average list price was $592,777
• The average sale price was $557,394
• The average market time was 59.00 days

In addition to the above statistics, many properties have sold listed as "Seaport District" (South Boston Waterfront). Here are the statistics:

• 33 condos sold in the Seaport ranging from a $344,000 studio at 21 Wormwood Street, to a $950,000 1 bedroom penthouse loft at 35 Channel Center
• The average list price was $601,112. The average sale price was $572,844. The average market time was 167.15 days. The average list price per square foot was $478.