In this episode of the Boston Market Minute we're taking a quick look at the South Boston MA Real Estate market last month. We've broken down a few key metrics by property type to give you an idea of what is happening today in the South Boston MA Real Estate market. Not surprisingly as you will see in the video single family homes in South Boston MA are averaging under 20 days on market before getting an accepted offer, a number that is slightly less than the same stat last year. The big story though in terms of median days on market is with South Boston MA Condos which has seen a decrease of over 63% year over year, simply amazing.
We've also broken down average sale prices by property type which illustrates the strength of the neighborhood as we've seen increases of nearly 20% for both the multi family homes and single family homes in Southie and an increase of 12.8% year over year for South Boston MA Condos. All in all the south boston ma real estate market continues to chug along, keeping it's place near the top of the list of most active Boston neighborhoods.