$10,000 Closing Credit*
$2,450,000
1,330 SqFt
1 Bed
•1 Full Bath, 1 Partial
#73317590, MP Boston Marketing Team, Listing Office: MP Boston Marketing LLC
Is Financial District, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Financial District has remained a Neutral Market.
Key Takeaway
Financial District is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Financial District, MA
How much do homes in Financial District, MA cost?
Median Sold Price
$2,375,000
$1,834/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$600,000(-20.2%)
Key Takeaway
Homes in Financial District have sold for 20.2% less than they did a month ago.
Summary: The median home sold price in Financial District was $2,375,000 in November 2024, down 20.2% from last month, and the median price per square foot was $1,834.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $1.9M | N/A |
| 2 Bedrooms | $2.7M | $3.1M | +15.0% |
| 3 Bedrooms | $4.3M | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Financial District housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Financial District, MA
How many homes are available in Financial District, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 32 | 30 | -6.3% |
Summary: The Financial District real estate market had 30 homes for sale in November 2024, a 6.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 12 | +9.1% |
| 2 Bedrooms | 16 | 13 | -18.8% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Financial District housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.1%, 2 bedroom homes decreased by 18.8%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Financial District, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Financial District in November 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 60% were sold at asking, and 0% were sold over asking.
Days on Market for Financial District, MA
How long does it take to sell a home in Financial District, MA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 87 Days | 47 Days | -45.7% |
Summary: Homes in Financial District had an average of 47 days on market in Nov 2024, down by 45.7% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Financial District are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Financial District; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
