Otis & ahearn year end 2013 key data points review & perspective
1. Downtown Boston Condominiums
In 2013, the Average Selling Price of a
Condominium in Downtown Boston was:
11% higher than 2012
5% higher than 2008
26% higher than 2005
56% higher than 2003
YE Average Selling price:
$751,956
Financial Crisis begins with Implosion of Lehman Brothers
(National Housing Bubble)
S&P Case Shiller Home Price Index Peaks
YE Average Selling price:
$481,896
Baseline Year Economy Emerging from .com Recession
2013 Year End Review & Perspective
Disclaimer: Data is taken from sources deemed to be reliable but is subject
to errors and omissions. Downtown Boston Market includes: Back
Bay,
Bay
Village,
Beacon
Hill,
East
Cambridge,
Chinatown,
Fenway,
Financial
District,
Leather
District, Midtown, Navy Yard, North End, Seaport, South Boston, South
End, West End, Waterfront.
2003~2004~2005~2006~2007~2008~2009~2010~2011~2012~2013
2. Downtown Boston Condominiums
In 2013, the Median Selling Price of a
Condominium in Downtown Boston was:
10% higher than 2012
17% higher than 2008
18% higher than 2005
46% higher than 2003
YE Median Selling price:
$550,900
Financial Crisis begins with Implosion of Lehman Brothers
(National Housing Bubble)
S&P Case Shiller Home Price Index Peaks
YE Median Selling price:
$423,000
Baseline Year Economy Emerging from .com Recession
2013 Year End Review & Perspective
Disclaimer: Data is taken from sources deemed to be reliable but is subject
to errors and omissions. Downtown Boston Market includes: Back
Bay,
Bay
Village,
Beacon
Hill,
East
Cambridge,
Chinatown,
Fenway,
Financial
District,
Leather
District, Midtown, Navy Yard, North End, Seaport, South Boston, South
End, West End, Waterfront.
2003~2004~2005~2006~2007~2008~2009~2010~2011~2012~2013
3. Downtown Boston Condominiums
In 2013, the Total Sales Absorption of
Condominiums in Downtown Boston was:
18% higher than 2012
28% higher than 2008
15% higher than 2005
65% higher than 2003
YE Total Absorption:
$2,864,198,903
Financial Crisis begins with Implosion of Lehman Brothers
(National Housing Bubble)
S&P Case Shiller Home Price Index Peaks
YE Total Absorption:
$1,731,452,005
Baseline Year Economy Emerging from .com Recession
2013 Year End Review & Perspective
Disclaimer: Data is taken from sources deemed to be reliable but is subject
to errors and omissions. Downtown Boston Market includes: Back
Bay,
Bay
Village,
Beacon
Hill,
East
Cambridge,
Chinatown,
Fenway,
Financial
District,
Leather
District, Midtown, Navy Yard, North End, Seaport, South Boston, South
End, West End, Waterfront.
2003~2004~2005~2006~2007~2008~2009~2010~2011~2012~2013