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In Charlestown, Sellers Asking Less, Buyers Buying More

This is Neighborhood Watch, a monthly breakdown from Curbed Boston about what's going on market-wise in key neighborhoods 'round the region (and, for our purposes here, towns and cities are neighborhoods, too—because they almost were, after all). All stats courtesy of William Raveis Real Estate.

The interesting thing about the Charlestown single-family market is that sellers appear to be asking less despite rising sales and tanking inventory. Indeed, the average listing price was down 8.3 percent annually in December (to $796,978) while both sales and the inventory of unsold homes were down by double-digit percentages.

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In the Charlestown condo market, much of the single-family plotline holds: Double-digit sales increases and inventory drops in the 12 months ending December. But! The average listing price was virtually unchanged: down only 0.1 percent (to $505,940).
· Our Neighborhood Watch archive [Curbed Boston]