$2,825,000
1,330 SqFt
1 Bed
•1 Full Bath, 1 Partial
#73308075, 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
Last month, Financial District was a Buyer's 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
$2,975,000
$1,838/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$792,500(+36.3%)
Key Takeaway
Homes in Financial District have sold for 36.3% more than they did a month ago.
Summary: The median home sold price in Financial District was $2,975,000 in October 2024, up 36.3% from last month, and the median price per square foot was $1,838.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $1.6M | - | N/A |
| 2 Bedrooms | $2.7M | $2.7M | -0.5% |
| 3 Bedrooms | - | $4.3M | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Financial District housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.5%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Financial District | $2.1M | $2.9M | +36.3% |
| Waterfront | $1.2M | $1.5M | +29.3% |
Housing Supply in Financial District, MA
How many homes are available in Financial District, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 32 | +3.2% |
Summary: The Financial District real estate market had 32 homes for sale in October 2024, a 3.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 10 | -9.1% |
| 2 Bedrooms | 16 | 17 | +6.3% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Financial District housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 9.1%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Financial District, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Financial District in October 2024, up by 25.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 37 Days | 87 Days | +132.0% |
Summary: Homes in Financial District had an average of 87 days on market in Oct 2024, up by 132% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Financial District are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Financial District; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
