AUGUST 2012 MCCARTHY REPORT

BUYING, SELLING OR RENTING PROPERTY

IN SOUTH BOSTON PLEASE CONSIDER US

FOR THIS IMPORTANT RESPONSIBILITY.

Stephen McCarthy 617-320-7219

stephenmccarthy@live.com

Anne Doyle 617-794-2833

adoyle08@gmail.com

CALL STEPHEN MCCARTHY TODAY FOR A PROFESSIONAL

MARKETING PLAN DESIGNED TO SELL YOUR PROPERTY.

For Sale inventory is at 18 month low

2012 1st half actual closings up 18%

2012 condos under agreement up 42%

Low days on market means condos are selling fast

SOUTH BOSTON CONDO MARKET 1st Half 2012

# Listings DOM # Listings DOM Sales/MonthMonths of

Inventory# Listings DOM # Listings DOM Sales/Month

Months of

Inventory

Back Bay 288 209 184 115 30.7 9.4 181 132 248 90 41.1 4.4

Beacon Hill 92 170 90 92 15 6.1 57 105 88 75 14.6 3.9

Charlestown 134 141 100 84 16.7 8 81 78 131 84 21.7 3.7

South Boston 273 138 206 91 34.3 8 103 89 244 75 40.4 2.5South End 252 147 213 72 35.5 7.1 122 90 279 65 46.2 2.6

Prior Current Unit % Prior Current Price % Prior Current %

Period Period Change Change Period Period Change Change Period Period Change

Back Bay 221 270 49 22.20% $846,000 $799,000 ($47,000) -5.60% 106 88 -17.00%

Beacon Hill 103 102 -1 -1.00% $549,000 $614,000 $65,000 11.80% 73 73 0.00%

Charlestown 123 161 38 30.90% $425,000 $449,000 $24,000 5.60% 77 76 -1.30%

South Boston 244 348 104 42.60% $399,000 $409,000 $10,000 2.50% 82 62 -24.40%South End 260 336 76 29.20% $569,000 $589,000 $20,000 3.50% 61 54 -11.50%

Prior Current Unit % Prior Current Price % Prior Current %

Period Period Change Change Period Period Change Change Period Period Change

Back Bay 184 248 64 34.80% $872,500 $785,000 ($87,500) -10.00% 115 90 -21.70%

Beacon Hill 90 88 -2 -2.20% $525,280 $522,500 ($2,780) -0.50% 92 75 -18.50%

Charlestown 100 131 31 31.00% $420,000 $456,000 $36,000 8.60% 84 84 0.00%

South Boston 206 244 38 18.40% $396,000 $389,500 ($6,500) -1.60% 91 75 -17.60%South End 213 279 66 31.00% $590,000 $575,000 ($15,000) -2.50% 72 65 -9.70%

Inventory Data

Area

SALES TRENDS

Inventory Trends

Prior Period: 1/1/11 - 6/30/11 Current Period: 1/1/12 - 6/30/12

Median Asking Price Days on Market

Area

UNDER AGREEMENT TRENDS

Area

Prior Period: 1/1/11 - 6/30/11 (6.0 months / 180 days) Current Period: 1/1/12 - 6/30/12 (6.0 months / 181 days)

Active Listings Sold Listings Inventory Data Active Listings Sold Listings

Number of Properties Sold

Number of Properties U/A

Prior Period: 1/1/11 - 6/30/11 Current Period: 1/1/12 - 6/30/12

Median Sale Price Days on Market