140 Newbury Street
Boston, MA 02116
617-267-5465
Fourth Quarter
Sales Summary
2008
140 Newbury Street
Boston, MA 02116
617-267-5465
Citywide2008 Fourth Quarter
Sales Summary
Citywide
Five Year Price Index
(Appreciation Rate)
L I N K
Citywide
Quarterly Sales Summary
Fourth Quarter 2008
2005 732 -25.53 % $634,689 12.10 % $473,750 8.41 % $582.87 7.95 % $564.35 8.59 % 73
2006 721 -1.50 % $649,273 2.30 % $484,500 2.27 % $595.88 2.23 % $563.07 -0.23 % 105
2007 633 -12.21 % $640,841 -1.30 % $465,000 -4.02 % $582.35 -2.27 % $566.26 0.57 % 86
2008 501 -20.85 % $852,958 33.10 % $450,000 -3.23 % $602.96 3.54 % $558.94 -1.29 % 99
2004 983 17.30 % $566,180 9.07 % $437,000 12.05 % $539.96 10.10 % $519.70 9.82 % 47
2002 666 12.69 % $507,000 -8.64 % $385,000 1.34 % $487.64 1.43 % $456.21 3.91 % 39
2003 838 25.83 % $519,092 2.39 % $390,000 1.30 % $490.42 0.57 % $473.24 3.73 % 65
Year Sales %+- Avg Selling %+- Med Selling %+- Avg Psf %+- Med Psf %+- Avg DOM
L I N K
2008 Fourth Quarter Sales Summary
L I N K
Seaport 12 -20.00 % $513,006 -8.14 % $485,000 -13.59 % $467.60 -6.70 % $482.04 -2.58 % 42
North End 22 -12.00 % $496,675 16.99 % $390,000 0.00 % $664.38 7.40 % $605.47 -0.56 % 45
West End 9 0.00 % $385,167 9.13 % $375,000 7.14 % $401.31 -0.79 % $417.13 2.91 % 62
Waterfront 32 -20.00 % $875,514 -6.56 % $651,250 -0.57 % $676.89 -2.58 % $646.22 -0.80 % 173
South End 109 -28.29 % $580,083 -16.55 % $510,000 -6.85 % $582.04 -7.49 % $611.15 -2.60 % 99
South Boston 91 -18.75 % $351,233 -4.53 % $338,750 -5.38 % $353.58 -9.48 % $357.12 -7.95 % 104
Beacon Hill 32 3.23 % $883,211 20.89 % $527,500 7.65 % $737.14 -2.00 % $686.09 -5.53 % 96
Back Bay 106 0.95 % $1,982,941 111.15 % $917,500 44.94 % $888.92 19.57 % $765.47 5.33 % 110
Midtown 10 -52.38 % $1,335,100 61.59 % $1,255,000 80.58 % $796.93 24.22 % $800.85 40.91 % 73
Leather District 5 -61.54 % $560,000 -46.04 % $575,000 -6.73 % $401.39 -13.52 % $401.39 -1.61 % 167
Fenway 24 -41.46 % $323,815 3.25 % $308,750 9.10 % $482.01 -8.03 % $489.46 -1.29 % 62
Charlestown 49 -28.99 % $432,605 -12.68 % $392,000 -11.71 % $415.39 -6.18 % $416.67 -2.11 % 93
City Sales %+- Avg Sell %+- Med Sell %+- Avg Psf %+- Med Psf %+- DOM
Beds
Citywide
Sales Comparison by Number of Bedrooms
Fourth Quarter 2008
L I N K
2008 239 -8.78 % $935,706 39.58 % $530,100 -0.44 % $609.22 9.80 % $550.76 4.80 % 113
2007 262 -17.61 % $670,391 -11.12 % $532,450 -13.95 % $554.86 -5.38 % $525.52 -4.55 % 100
2006 318 9.28 % $754,281 13.84 % $618,750 7.81 % $586.41 4.77 % $550.59 -0.15 % 104Two
Beds
2008 58 -14.71 % $1,602,961 15.68 % $825,000 -26.34 % $629.91 -0.85 % $461.85 -27.45 % 110
2007 68 36.00 % $1,385,740 -1.29 % $1,120,000 -0.11 % $635.33 0.27 % $636.56 4.19 % 79
2006 50 -31.51 % $1,403,895 -5.71 % $1,121,250 -4.98 % $633.62 -1.43 % $610.96 4.05 % 179ThreePlus
Beds
2008 22 -45.00 % $264,627 -19.01 % $263,850 2.07 % $588.41 -4.72 % $602.01 -2.55 % 80
2007 40 37.93 % $326,728 23.78 % $258,500 -2.45 % $617.55 -2.65 % $617.73 3.20 % 63
2006 29 -19.44 % $263,948 -7.12 % $265,000 -7.02 % $634.38 2.02 % $598.59 2.68 % 72
Studio
2008 157 -27.31 % $577,031 32.95 % $385,000 -2.53 % $594.79 0.19 % $565.17 -3.96 % 73
2007 216 -13.25 % $434,037 -5.77 % $395,000 1.28 % $593.64 -1.86 % $588.46 1.55 % 74
2006 249 1.63 % $460,602 4.39 % $390,000 -1.27 % $604.88 2.56 % $579.47 0.32 % 86OneBed
Year Sales %+- Avg Selling %+- Med Selling %+- Avg PSF %+- Med PSF %+- Avg DOM
Sq Feet
Citywide
Sales Comparison by Square Footage
Fourth Quarter 2008
L I N K
2008 29 -42.00 % $1,119,309 0.21 % $1,085,000 -3.13 % $678.92 1.66 % $646.22 -4.88 % 162
2007 50 -21.88 % $1,116,939 -1.93 % $1,120,000 -0.55 % $667.84 -5.95 % $679.39 -4.58 % 106
2006 64 25.49 % $1,138,977 29.44 % $1,126,250 29.16 % $710.10 35.93 % $711.97 31.92 % 1021501-1800
2008 30 -14.29 % $1,565,503 21.60 % $1,512,500 20.28 % $761.65 18.68 % $740.78 12.46 % 164
2007 35 -20.45 % $1,287,439 -11.36 % $1,257,500 -5.98 % $641.75 -11.05 % $658.70 -3.92 % 68
2006 44 -6.38 % $1,452,395 8.74 % $1,337,500 9.63 % $721.45 9.63 % $685.54 13.18 % 1521800-2400
2008 37 105.56 % $4,371,264 72.46 % $4,500,000 77.17 % $1,156.08 50.94 % $1,257.07 62.15 % 110
2007 18 20.00 % $2,534,708 4.65 % $2,540,000 7.06 % $765.90 -4.23 % $775.23 -8.60 % 107
2006 15 -37.50 % $2,422,083 -9.38 % $2,372,500 -11.31 % $799.72 -7.10 % $848.21 -2.45 % 176Over2400
2008 117 -29.94 % $323,495 -1.06 % $308,500 -1.91 % $588.25 -4.23 % $582.71 -4.96 % 70
2007 167 3.09 % $326,948 1.82 % $314,500 2.03 % $614.25 2.54 % $613.14 5.68 % 59
2006 162 -19.80 % $321,116 -3.31 % $308,250 -5.67 % $599.04 -1.29 % $580.18 -3.78 % 85700 or
Less
2008 143 -13.86 % $429,722 -3.43 % $400,000 -4.99 % $509.15 -3.76 % $482.05 -6.83 % 71
2007 166 -11.70 % $444,962 1.83 % $421,000 1.45 % $529.07 0.51 % $517.38 4.14 % 69
2006 188 6.82 % $436,957 -4.70 % $415,000 -7.68 % $526.36 -4.08 % $496.79 -9.66 % 88701-
1000
2008 131 -18.63 % $617,105 -7.50 % $577,000 -6.79 % $509.13 -6.44 % $487.02 -4.32 % 117
2007 161 -19.90 % $667,167 -5.08 % $619,000 -5.50 % $544.21 -6.06 % $509.03 -7.18 % 124
2006 201 14.20 % $702,883 2.83 % $655,000 0.77 % $579.29 5.51 % $548.41 2.68 % 1211001-1500
Year Sales %+- Avg Selling %+- Med Selling %+- Avg PSF %+- Med PSF %+- Avg DOM
Citywide
Inventory
Fourth Quarter 2008
L I N K
140 Newbury Street
Boston, MA 02116
617-267-5465
2008 Fourth Quarter
Sales Summary
CitywideLuxury Buildings
Barnes Mansion 10 Charlesgate E Back Bay
Basilica, The 106 Thirteenth St Charlestown
Atelier 505 505 Tremont St South End
Audubon Park 16 Miner St Fenway
Battery Wharf (2) 2 Battery Wharf Waterfront
Belvedere 100 Belvidere St Back Bay
Bowdoin Place 10 Bowdoin St Beacon Hill
Battery Wharf (3) 3 Battery Wharf Waterfront
Battery Wharf (4) 4 Battery Wharf Waterfront
285 Columbus Lofts 285 Columbus Ave Back Bay
3 Avery St 3 Avery St Midtown
1 Charles St South 1 Charles St S Back Bay
330 Beacon St 324-330 Beacon St Back Bay
45 Province 45 Province St Midtown
Albert A Pope 221 Columbus Ave Back Bay
360 Newbury 360 Newbury St Back Bay
44 Prince 44 Prince St North End
Broadluxe 99-107 Broad St Waterfront
Court Square Press Bldg 9 W Broadway Seaport
D4 7 Warren Ave South End
Columbus Court/Tileston 20-21 Tileston St North End
Constellation Wharf Ninth St Charlestown
Carillon, The 183-185 Massachusetts Ave Back Bay
Carlton House, The 2 Commonwealth Ave Back Bay
Bryant, The 303 Columbus Ave South End
Burroughs Wharf 40-50 Battery St Waterfront
Channel Ctr (25) 25 Channel Ctr Seaport
Clarendon, The 400 Stuart St Back Bay
Columbus Court/N Bennet 21 N Bennet St North End
Charlesgate, The 4 Charlesgate E Back Bay
Charlesview 534 Beacon St Back Bay
Building Name Address City
Luxury Building List
L I N K
Ritz Tower I (1) 1 Avery St Midtown
Prince, The 201 Newbury St Back Bay
Ritz Tower II (2) 2 Avery St Midtown
River House, The 145 Pinckney St Beacon Hill
Penmark, The 21 Father Francis Gilday St South End
Metropolitan, The 1 Nassau St Leather District
Orchard Hill 342 Bunker Hill St Charlestown
Parris Landing 42 Eighth St Charlestown
Parkside 168-170 Tremont St Midtown
Greenway Place 199 State St Waterfront
Grandview 165 Tremont St Midtown
Harbor Towers I (85) 85 E India Row Waterfront
Harborview 240 First Ave Charlestown
Harbor Towers II (65) 65 E India Row Waterfront
Fulton Court 100 Fulton St Waterfront
Flagship Wharf 197 Eighth St Charlestown
Marlborough, The 416 Marlborough St Back Bay
Folio 80 Broad St Waterfront
Four Seasons 220 Boylston St Back Bay
Fort Point Place 21 Wormwood St Seaport
Lincolnshire 15 River St Beacon Hill
Lincoln Wharf 357 Commercial St Waterfront
Macallen Building 141 Dorchester Ave Seaport
Mariner, The 300 Commercial St Waterfront
Mandarin, The 776 Boylston St Back Bay
Lewis Wharf 28 Atlantic Ave Waterfront
Hawthorne Place (9) 9 Hawthorne Pl West End
Hawthorne Place (2) 2 Hawthorne Pl West End
Heritage 300 Boylston St Back Bay
Le Jardin 250 Boylston St Back Bay
Intercontinental, The 500 Atlantic Ave Waterfront
Building Name Address City
Whittier Place (6) 6 Whittier Pl West End
West End Place 150 Staniford St West End
Union Wharf 343 Commercial St Waterfront
Windsor Place 390 Commonwealth Ave Back Bay
Wilkes Passage 1313 Washington St South End
Whittier Place (8) 8 Whittier Pl West End
Zero Marlborough 6 Arlington St Back Bay
Somerset 416 Commonwealth Ave Back Bay
Rowes Wharf 10-20 Rowes Whf Waterfront
Tudor, The 34.5 Beacon St Beacon Hill
Trinity Place 1 Huntington Ave Back Bay
Trem-On-Comm 151 Tremont St Midtown
Strada234 234 Causeway St North End
Building Name Address City
Luxury Building List
L I N K
Luxury Buildings
Quarterly Sales Summary
Fourth Quarter 2008
2005 174 -47.59 % $867,472 27.19 % $647,500 22.87 % $654.58 17.15 % $604.53 12.81 % 73
2006 224 28.74 % $996,182 14.84 % $826,250 27.61 % $738.93 12.89 % $736.64 21.85 % 99
2007 115 -48.66 % $865,271 -13.14 % $655,000 -20.73 % $671.20 -9.17 % $656.32 -10.90 % 90
2008 130 13.04 % $1,726,596 99.54 % $818,500 24.96 % $817.34 21.77 % $718.14 9.42 % 153
2004 332 114.19 % $682,044 -3.77 % $526,975 12.12 % $558.75 5.33 % $535.87 13.21 % 31
2002 159 10.42 % $792,026 -19.86 % $578,000 -13.99 % $576.37 -14.74 % $488.99 -26.66 % 43
2003 155 -2.52 % $708,761 -10.51 % $470,000 -18.69 % $530.46 -7.96 % $473.33 -3.20 % 87
Year Sales %+- Avg Selling %+- Med Selling %+- Avg Psf %+- Med Psf %+- Avg DOM
L I N K
Beds
Luxury Buildings
Sales Comparison by Number of Bedrooms
Fourth Quarter 2008
L I N K
2008 66 65.00 % $1,983,585 88.21 % $1,217,500 29.35 % $891.43 20.59 % $813.43 11.14 % 179
2007 40 -64.29 % $1,053,913 -7.44 % $941,250 -10.36 % $739.19 -3.39 % $731.91 -0.34 % 124
2006 112 60.00 % $1,138,666 22.39 % $1,050,000 23.54 % $765.11 16.50 % $734.39 18.09 % 95Two
Beds
2008 13 -13.33 % $3,381,469 81.14 % $2,848,877 72.67 % $1,122.44 35.66 % $1,125.83 40.60 % 154
2007 15 -16.67 % $1,866,820 1.02 % $1,649,900 -15.39 % $827.37 9.96 % $800.75 -0.25 % 64
2006 18 20.00 % $1,847,972 -30.72 % $1,950,000 -16.84 % $752.42 -22.25 % $802.76 -13.01 % 205ThreePlus
Beds
2008 5 -37.50 % $311,800 -16.81 % $290,000 -8.66 % $523.49 -8.32 % $502.97 -5.59 % 84
2007 8 33.33 % $374,825 13.38 % $317,500 -4.51 % $571.01 -24.43 % $532.74 -32.04 % 80
2006 6 -50.00 % $330,583 -4.61 % $332,500 13.29 % $755.60 37.39 % $783.85 70.26 % 6
Studio
2008 38 -24.00 % $1,170,801 133.77 % $524,500 22.69 % $640.29 8.49 % $574.90 0.80 % 91
2007 50 -39.02 % $500,836 -24.03 % $427,500 -32.54 % $590.19 -15.55 % $570.34 -20.85 % 75
2006 82 15.49 % $659,283 25.95 % $633,750 38.04 % $698.90 14.52 % $720.59 23.85 % 90OneBed
Year Sales %+- Avg Selling %+- Med Selling %+- Avg PSF %+- Med PSF %+- Avg DOM
Sq Feet
Luxury Buildings
Sales Comparison by Square Footage
Fourth Quarter 2008
L I N K
2008 13 -18.75 % $1,502,846 9.28 % $1,362,500 -7.94 % $899.98 10.83 % $830.90 -2.73 % 263
2007 16 -64.44 % $1,375,199 6.71 % $1,479,950 16.07 % $812.01 0.43 % $854.25 5.26 % 96
2006 45 221.43 % $1,288,722 16.09 % $1,275,000 32.40 % $808.51 23.64 % $811.58 44.09 % 831501-1800
2008 14 75.00 % $2,185,457 38.46 % $1,987,500 23.26 % $1,054.65 33.40 % $974.43 24.69 % 205
2007 8 -68.00 % $1,578,419 -2.01 % $1,612,450 -0.77 % $790.61 -2.00 % $781.47 -7.31 % 73
2006 25 47.06 % $1,610,720 3.57 % $1,625,000 -7.14 % $806.74 5.84 % $843.15 1.28 % 1761800-2400
2008 25 316.67 % $5,240,391 124.03 % $4,988,357 96.39 % $1,399.75 78.98 % $1,454.66 77.07 % 119
2007 6 -33.33 % $2,339,167 -7.88 % $2,540,000 6.95 % $782.06 -9.77 % $821.53 -3.39 % 85
2006 9 0.00 % $2,539,167 -20.13 % $2,375,000 -13.64 % $866.78 -11.49 % $850.36 -23.01 % 64Over2400
2008 8 -42.86 % $341,563 -6.48 % $295,000 -21.02 % $560.15 -8.35 % $537.20 -9.66 % 62
2007 14 -33.33 % $365,214 -16.65 % $373,500 -6.63 % $611.17 -19.63 % $594.66 -19.23 % 103
2006 21 -43.24 % $438,157 17.80 % $400,000 11.14 % $760.50 24.30 % $736.21 20.69 % 78700 or
Less
2008 27 -30.77 % $457,180 -5.23 % $419,000 2.20 % $531.27 -7.96 % $503.40 -6.87 % 131
2007 39 -7.14 % $482,397 -12.90 % $410,000 -27.75 % $577.22 -12.84 % $540.54 -19.97 % 81
2006 42 -4.55 % $553,831 5.94 % $567,500 10.30 % $662.22 7.58 % $675.41 17.59 % 56701-
1000
2008 38 18.75 % $694,157 -17.47 % $690,000 -9.80 % $575.87 -16.65 % $564.67 -15.35 % 118
2007 32 -60.00 % $841,069 -1.34 % $765,000 -6.13 % $690.93 -1.13 % $667.04 -0.99 % 102
2006 80 60.00 % $852,451 5.19 % $815,000 8.31 % $698.83 11.69 % $673.74 12.69 % 1181001-1500
Year Sales %+- Avg Selling %+- Med Selling %+- Avg PSF %+- Med PSF %+- Avg DOM
140 Newbury Street
Boston, MA 02116
617-267-5465
Back Bay2008 Fourth Quarter
Sales Summary
Back Bay
Five Year Price Index
(Appreciation Rate)
L I N K
Back Bay
Quarterly Sales Summary
Fourth Quarter 2008
2005 99 -48.17 % $1,053,029 31.05 % $720,000 14.29 % $760.95 14.09 % $734.69 15.74% 98
2006 116 17.17 % $899,855 -14.55 % $664,125 -7.76 % $734.31 -3.50 % $685.39 -6.71% 113
2007 105 -9.48 % $939,100 4.36 % $633,000 -4.69 % $743.46 1.25 % $726.72 6.03% 82
2008 106 0.95 % $1,982,941 111.15 % $917,500 44.94 % $888.92 19.57 % $765.47 5.33% 110
2004 191 23.23 % $803,556 1.53 % $630,000 12.50 % $667.00 4.70 % $634.78 1.90% 48
2002 119 13.33 % $833,852 40.55 % $560,000 32.76 % $660.41 20.26 % $605.44 15.79% 46
2003 155 30.25 % $791,479 -5.08 % $560,000 0.00 % $637.06 -3.54 % $622.94 2.89% 82
Year Sales %+- Avg Selling %+- Med Selling %+- Avg Psf %+- Med Psf %+- Avg DOM
L I N K
Sq Feet
Back Bay
Sales Comparison by Number of Bedrooms
Fourth Quarter 2008
L I N K
2008 50 16.28 % $2,316,753 152.89 % $1,362,500 68.21 % $991.78 37.94 % $848.05 20.83 % 136
2007 43 -8.51 % $916,108 -11.66 % $810,000 -12.90 % $718.99 -1.84 % $701.85 5.61 % 98
2006 47 20.51 % $1,037,056 -2.38 % $930,000 6.29 % $732.45 -2.81 % $664.56 -7.98 % 96Two
Beds
2008 12 -14.29 % $3,948,883 64.66 % $3,937,500 81.03 % $1,186.52 29.96 % $1,178.28 26.44 % 110
2007 14 40.00 % $2,398,143 11.80 % $2,175,000 -0.16 % $912.97 1.43 % $931.91 2.26 % 61
2006 10 -44.44 % $2,145,075 -6.55 % $2,178,500 2.52 % $900.08 -0.19 % $911.34 4.81 % 252ThreePlus
Beds
2008 6 -53.85 % $297,333 0.52 % $282,000 -1.05 % $652.74 -7.67 % $644.82 -9.98 % 68
2007 13 116.67 % $295,808 21.32 % $285,000 13.10 % $706.96 1.75 % $716.33 6.49 % 76
2006 6 20.00 % $243,833 -22.41 % $252,000 -20.50 % $694.81 -11.62 % $672.67 -21.80 % 59
Studio
2008 36 16.13 % $1,159,265 126.82 % $436,500 -6.13 % $699.29 -2.36 % $696.87 -1.94 % 86
2007 31 -38.00 % $511,097 -12.75 % $465,000 -15.84 % $716.15 2.49 % $710.64 3.35 % 71
2006 50 42.86 % $585,807 10.92 % $552,500 16.32 % $698.79 0.82 % $687.62 0.80 % 109OneBed
Year Sales %+- Avg Selling %+- Med Selling %+- Avg PSF %+- Med PSF %+- Avg DOM
Sq Feet
Back Bay
Sales Comparison by Square Footage
Fourth Quarter 2008
L I N K
2008 7 -36.36 % $1,440,714 8.34 % $1,400,000 2.19 % $865.62 9.77 % $830.90 5.88% 188
2007 11 -8.33 % $1,329,750 -2.42 % $1,370,000 8.51 % $788.59 -4.66 % $784.75 0.63% 102
2006 12 33.33 % $1,362,708 11.83 % $1,262,500 -2.13 % $827.15 13.76 % $779.82 -1.12% 1151501-1800
2008 13 62.50 % $2,127,800 18.46 % $1,975,000 7.48 % $1,032.84 15.78 % $978.82 10.32% 157
2007 8 -33.33 % $1,796,250 0.49 % $1,837,500 2.08 % $892.07 -0.29 % $887.29 -2.15% 69
2006 12 20.00 % $1,787,417 3.49 % $1,800,000 0.56 % $894.69 4.24 % $906.78 8.12% 1521800-2400
2008 26 333.33 % $5,315,184 53.43 % $4,994,179 46.35 % $1,378.58 41.43 % $1,433.84 47.79% 86
2007 6 20.00 % $3,464,167 20.02 % $3,412,500 37.88 % $974.77 1.95 % $970.16 -1.06% 86
2006 5 -58.33 % $2,886,250 10.26 % $2,475,000 -10.16 % $956.15 5.47 % $980.59 12.77% 316Over2400
2008 18 -43.75 % $353,444 -3.69 % $367,500 -4.92 % $682.02 -5.51 % $680.59 -5.68% 59
2007 32 33.33 % $367,000 1.90 % $386,500 22.70 % $721.81 -0.08 % $721.60 7.83% 65
2006 24 0.00 % $360,145 -11.57 % $315,000 -18.55 % $722.37 -1.95 % $669.22 -3.99% 99700 or
Less
2008 19 -5.00 % $507,768 -0.92 % $508,000 -0.10 % $622.80 -1.66 % $633.71 -1.47% 63
2007 20 -31.03 % $512,470 -7.69 % $508,500 -11.18 % $633.30 -6.34 % $643.20 -5.30% 85
2006 29 81.25 % $555,155 1.14 % $572,500 -1.30 % $676.17 0.88 % $679.17 -4.05% 102701-
1000
2008 23 -4.17 % $793,087 -8.84 % $830,000 4.73 % $642.90 -12.66 % $698.64 -2.80% 146
2007 24 -27.27 % $870,021 5.78 % $792,500 1.73 % $736.07 10.12 % $718.78 11.29% 98
2006 33 26.92 % $822,500 -13.06 % $779,000 -6.99 % $668.40 -10.43 % $645.85 -8.43% 851001-1500
Year Sales %+- Avg Selling %+- Med Selling %+- Avg PSF %+- Med PSF %+- Avg DOM
Back Bay
Inventory
Fourth Quarter 2008
L I N K
140 Newbury Street
Boston, MA 02116
617-267-5465
Beacon Hill2008 Fourth Quarter
Sales Summary
Beacon Hill
Five Year Price Index
(Appreciation Rate)
L I N K
Beacon Hill
Quarterly Sales Summary
Fourth Quarter 2008
2005 68 15.25 % $759,306 25.51 % $503,750 6.05 % $707.46 2.36 % $716.25 7.01% 105
2006 36 -47.06 % $578,056 -23.87 % $445,000 -11.66 % $726.34 2.67 % $691.49 -3.46% 82
2007 31 -13.89 % $730,589 26.39 % $490,000 10.11 % $752.18 3.56 % $726.23 5.02% 122
2008 32 3.23 % $883,211 20.89 % $527,500 7.65 % $737.14 -2.00 % $686.09 -5.53% 96
2004 59 63.89 % $604,965 -7.51 % $475,000 -0.63 % $691.12 10.52 % $669.35 16.39% 72
2002 52 40.54 % $434,795 -25.35 % $359,500 10.62 % $562.75 0.63 % $559.32 8.01% 23
2003 36 -30.77 % $654,061 50.43 % $478,000 32.96 % $625.31 11.12 % $575.10 2.82% 84
Year Sales %+- Avg Selling %+- Med Selling %+- Avg Psf %+- Med Psf %+- Avg DOM
L I N K
Sq Feet
Beacon Hill
Sales Comparison by Number of Bedrooms
Fourth Quarter 2008
L I N K
2008 13 0.00 % $865,027 -16.36 % $805,000 2.55 % $736.26 -0.77 % $693.46 0.88 % 147
2007 13 44.44 % $1,034,215 75.36 % $785,000 69.55 % $741.96 10.68 % $687.39 -0.59 % 103
2006 9 -66.67 % $589,778 -23.36 % $463,000 -31.81 % $670.37 -2.31 % $691.49 0.76 % 104Two
Beds
2008 2 $5,250,000 $5,250,000 $1,084.18 $1,084.18 136
2007 0 -100.00
2006 4 -50.00 % $1,382,500 -32.73 % $1,107,500 -22.89 % $813.61 6.70 % $765.72 15.55 % 56ThreePlus
Beds
2008 3 50.00 % $214,667 -26.48 % $179,000 -38.70 % $725.52 3.68 % $688.46 -1.61 % 69
2007 2 0.00 % $292,000 50.13 % $292,000 50.13 % $699.73 4.68 % $699.73 4.68 % 141
2006 2 -60.00 % $194,500 -19.16 % $194,500 -10.78 % $668.48 -7.59 % $668.48 -10.40 % 62
Studio
2008 14 7.69 % $419,529 -17.39 % $350,000 -17.65 % $690.87 -10.33 % $612.23 -18.37 % 31
2007 13 -18.75 % $507,846 18.70 % $425,000 -0.58 % $770.47 3.67 % $750.00 8.83 % 141
2006 16 -36.00 % $427,844 -6.68 % $427,500 9.90 % $743.23 3.91 % $689.12 -4.95 % 76OneBed
Year Sales %+- Avg Selling %+- Med Selling %+- Avg PSF %+- Med PSF %+- Avg DOM
Sq Feet
Beacon Hill
Sales Comparison by Square Footage
Fourth Quarter 2008
L I N K
2008 2 0.00 % $980,000 -37.48 % $980,000 -37.48 % $622.03 -34.79 % $622.03 -34.79% 6
2007 2 $1,567,500 $1,567,500 $953.90 $953.90 128
2006 0 -100.00 %
1501-1800
2008 1 0.00 % $2,075,000 58.64 % $2,075,000 58.64 % $892.47 26.57 % $892.47 26.57% 93
2007 1 0.00 % $1,308,000 -49.69 % $1,308,000 -49.69 % $705.12 -35.29 % $705.12 -35.29%
2006 1 -85.71 % $2,600,000 71.33 % $2,600,000 77.78 % $1,089.69 45.26 % $1,089.69 56.10% 191800-2400
2008 2 0.00 % $5,250,000 175.41 % $5,250,000 175.41 % $1,084.18 53.96 % $1,084.18 53.96% 136
2007 2 $1,906,250 $1,906,250 $704.22 $704.22 212
2006 0 -100.00 %
Over2400
2008 13 -7.14 % $334,531 -10.78 % $316,000 -12.22 % $743.15 -2.63 % $688.46 -9.51% 32
2007 14 -17.65 % $374,950 -2.19 % $360,000 -8.63 % $763.18 3.10 % $760.83 7.84% 119
2006 17 -48.48 % $383,353 3.82 % $394,000 5.07 % $740.23 6.42 % $705.51 -2.69% 76700 or
Less
2008 10 233.33 % $552,625 -19.01 % $575,000 -13.53 % $638.95 -15.26 % $604.97 -11.21% 144
2007 3 -62.50 % $682,333 36.45 % $665,000 36.62 % $753.98 17.43 % $681.35 6.12% 105
2006 8 -27.27 % $500,063 -14.56 % $486,750 -9.02 % $642.06 -11.34 % $642.03 -15.40% 99701-
1000
2008 4 -33.33 % $963,150 13.78 % $843,800 13.26 % $808.27 18.48 % $803.32 22.58% 161
2007 6 20.00 % $846,500 -14.58 % $745,000 -23.59 % $682.21 -7.97 % $655.33 -5.23% 102
2006 5 -44.44 % $991,000 20.27 % $975,000 14.71 % $741.29 16.83 % $691.49 6.58% 881001-1500
Year Sales %+- Avg Selling %+- Med Selling %+- Avg PSF %+- Med PSF %+- Avg DOM
Beacon Hill
Inventory
Fourth Quarter 2008
L I N K
140 Newbury Street
Boston, MA 02116
617-267-5465
Charlestown2008 Fourth Quarter
Sales Summary
Charlestown
Five Year Price Index
(Appreciation Rate)
L I N K
Charlestown
Quarterly Sales Summary
Fourth Quarter 2008
2005 86 -59.43 % $473,996 6.37 % $423,226 6.95 % $511.03 12.53 % $530.05 17.68% 60
2006 51 -40.70 % $464,397 -2.03 % $439,100 3.75 % $468.38 -8.35 % $466.67 -11.96% 105
2007 69 35.29 % $495,449 6.69 % $444,000 1.12 % $442.77 -5.47 % $425.66 -8.79% 87
2008 49 -28.99 % $432,605 -12.68 % $392,000 -11.71 % $415.39 -6.18 % $416.67 -2.11% 93
2004 212 165.00 % $445,628 0.01 % $395,725 -0.63 % $454.11 9.22 % $450.44 8.51% 28
2002 74 -17.78 % $424,404 0.47 % $374,750 -9.70 % $410.96 9.84 % $419.13 12.67% 37
2003 80 8.11 % $445,582 4.99 % $398,250 6.27 % $415.79 1.17 % $415.12 -0.96% 65
Year Sales %+- Avg Selling %+- Med Selling %+- Avg Psf %+- Med Psf %+- Avg DOM
L I N K
Sq Feet
Charlestown
Sales Comparison by Number of Bedrooms
Fourth Quarter 2008
L I N K
2008 25 -34.21 % $403,350 -17.30 % $395,000 -10.98 % $392.78 -12.91 % $400.51 -11.10 % 98
2007 38 80.95 % $487,697 -8.33 % $443,725 -11.08 % $450.99 -0.16 % $450.50 6.92 % 97
2006 21 -40.00 % $531,986 -1.65 % $499,000 -8.44 % $451.70 -7.42 % $421.35 -9.72 % 108Two
Beds
2008 7 -46.15 % $636,418 -10.33 % $580,000 -13.43 % $385.79 -5.02 % $392.78 8.23 % 84
2007 13 225.00 % $709,769 5.03 % $670,000 -0.59 % $406.19 3.98 % $362.90 2.31 % 58
2006 4 -33.33 % $675,750 -0.10 % $674,000 2.82 % $390.63 -3.01 % $354.71 -8.44 % 179ThreePlus
Beds
2008 1 $254,000 $254,000 $502.97 $502.97 224
2007 0
2006 0 -100.00
Studio
2008 12 9.09 % $376,813 1.42 % $365,000 5.04 % $472.45 3.25 % $454.12 8.22 % 71
2007 11 -42.11 % $371,551 4.30 % $347,500 -5.44 % $457.56 -9.07 % $419.64 -17.98 % 80
2006 19 -52.50 % $356,239 -6.67 % $367,500 -4.26 % $503.18 -7.06 % $511.65 -10.23 % 90OneBed
Year Sales %+- Avg Selling %+- Med Selling %+- Avg PSF %+- Med PSF %+- Avg DOM
Sq Feet
Charlestown
Sales Comparison by Square Footage
Fourth Quarter 2008
L I N K
2008 0 -100.00 %
2007 2 100.00 % $712,500 -7.47 % $712,500 -7.47 % $398.01 -14.81 % $398.01 -14.81% 19
2006 1 -75.00 % $770,000 5.81 % $770,000 13.53 % $467.23 11.16 % $467.23 21.69% 2151501-1800
2008 3 -50.00 % $701,333 -17.08 % $655,000 -18.63 % $330.35 -23.67 % $339.20 -16.55% 131
2007 6 500.00 % $845,842 -8.06 % $805,000 -12.50 % $432.77 -15.14 % $406.49 -20.29% 82
2006 1 -75.00 % $920,000 16.39 % $920,000 18.34 % $509.98 22.93 % $509.98 24.01%
1800-2400
2008 1 -50.00 % $1,015,000 -18.80 % $1,015,000 -18.80 % $402.46 -20.09 % $402.46 -20.09% 129
2007 2 100.00 % $1,250,000 38.89 % $1,250,000 38.89 % $503.64 46.78 % $503.64 46.78% 42
2006 1 $900,000 $900,000 $343.12 $343.12 92Over2400
2008 8 14.29 % $268,616 -5.04 % $259,500 -17.62 % $434.50 -3.42 % $446.21 -7.93% 181
2007 7 -22.22 % $282,880 -11.26 % $315,000 0.00 % $449.88 -12.06 % $484.62 -0.62% 43
2006 9 -66.67 % $318,756 -6.25 % $315,000 -7.08 % $511.57 -10.01 % $487.62 -15.59% 147700 or
Less
2008 14 -26.32 % $390,725 7.14 % $377,500 8.63 % $471.04 9.10 % $466.32 11.12% 67
2007 19 18.75 % $364,679 -7.74 % $347,500 -12.03 % $431.76 -9.19 % $419.64 -16.22% 79
2006 16 -42.86 % $395,290 -5.02 % $395,000 -3.65 % $475.45 -5.28 % $500.89 -5.76% 56701-
1000
2008 19 -26.92 % $451,387 -15.79 % $452,000 -15.67 % $380.45 -15.45 % $400.51 -7.27% 58
2007 26 62.50 % $536,056 -3.19 % $536,000 1.95 % $449.96 1.73 % $431.91 3.21% 111
2006 16 -20.00 % $553,738 -6.99 % $525,755 -7.56 % $442.31 -8.54 % $418.48 -6.91% 1291001-1500
Year Sales %+- Avg Selling %+- Med Selling %+- Avg PSF %+- Med PSF %+- Avg DOM
Charlestown
Inventory
Fourth Quarter 2008
L I N K
140 Newbury Street
Boston, MA 02116
617-267-5465
Fenway2008 Fourth Quarter
Sales Summary
Fenway
Five Year Price Index
(Appreciation Rate)
L I N K
Fenway
Quarterly Sales Summary
Fourth Quarter 2008
2005 61 24.49 % $383,154 22.79 % $350,000 13.82 % $512.55 10.72 % $541.80 15.44% 57
2006 39 -36.07 % $311,624 -18.67 % $277,500 -20.71 % $515.34 0.54 % $525.36 -3.03% 31
2007 41 5.13 % $313,610 0.64 % $283,000 1.98 % $524.12 1.70 % $495.87 -5.61% 45
2008 24 -41.46 % $323,815 3.25 % $308,750 9.10 % $482.01 -8.03 % $489.46 -1.29% 62
2004 49 -27.94 % $312,034 8.97 % $307,500 9.82 % $462.94 6.23 % $469.33 5.53% 40
2002 40 81.82 % $247,200 10.41 % $247,250 18.87 % $368.67 11.21 % $384.99 10.59% 30
2003 68 70.00 % $286,359 15.84 % $280,000 13.25 % $435.79 18.21 % $444.73 15.52% 30
Year Sales %+- Avg Selling %+- Med Selling %+- Avg Psf %+- Med Psf %+- Avg DOM
L I N K
Sq Feet
Fenway
Sales Comparison by Number of Bedrooms
Fourth Quarter 2008
L I N K
2008 9 12.50 % $420,178 -20.59 % $409,000 -16.45 % $465.87 -13.64 % $477.43 -4.90 % 56
2007 8 -11.11 % $529,125 28.00 % $489,500 19.39 % $539.43 5.00 % $502.05 4.59 % 14
2006 9 -68.97 % $413,389 -11.31 % $410,000 -14.41 % $513.72 3.09 % $480.00 -13.94 % 43Two
Beds
2008 0
2007 0 -100.00
2006 1 -75.00 % $270,000 -46.72 % $270,000 -33.58 % $234.78 -40.15 % $234.78 -40.90 %ThreePlus
Beds
2008 2 -75.00 % $242,625 18.50 % $242,625 21.31 % $649.95 30.77 % $649.95 34.84 % 60
2007 8 166.67 % $204,750 -19.68 % $200,000 -21.57 % $497.02 -18.48 % $482.00 -17.21 % 51
2006 3 0.00 % $254,917 27.63 % $255,000 19.00 % $609.69 13.34 % $582.19 9.53 % 25
Studio
2008 13 -43.48 % $269,592 -3.44 % $278,000 -1.77 % $467.36 -11.52 % $483.87 -10.24 % 65
2007 23 -4.17 % $279,196 4.44 % $283,000 8.85 % $528.23 2.40 % $539.05 2.17 % 52
2006 24 4.35 % $267,338 -7.35 % $260,000 -5.45 % $515.84 -5.89 % $527.62 -2.91 % 29OneBed
Year Sales %+- Avg Selling %+- Med Selling %+- Avg PSF %+- Med PSF %+- Avg DOM
Sq Feet
Fenway
Sales Comparison by Square Footage
Fourth Quarter 2008
L I N K
2008 0
2007 0
2006 01501-1800
2008 0
2007 0
2006 0 -100.00 %
1800-2400
2008 0
2007 0
2006 0Over2400
2008 15 -51.61 % $271,577 3.10 % $257,500 -0.96 % $518.08 -1.47 % $500.90 -5.25% 56
2007 31 14.81 % $263,403 -3.51 % $260,000 0.00 % $525.78 -3.29 % $528.67 -3.98% 53
2006 27 17.39 % $272,994 8.11 % $260,000 8.33 % $543.70 1.24 % $550.56 1.62% 23700 or
Less
2008 3 -40.00 % $380,433 -14.39 % $385,000 -17.03 % $451.18 -8.13 % $477.43 0.32% 79
2007 5 -44.44 % $444,400 13.29 % $464,000 18.97 % $491.11 6.43 % $475.90 0.67% 12
2006 9 -62.50 % $392,278 -8.04 % $390,000 -9.09 % $461.44 -10.20 % $472.73 -13.05% 63701-
1000
2008 6 100.00 % $426,100 -32.90 % $428,500 -16.80 % $407.27 -27.53 % $427.00 -3.16% 49
2007 3 200.00 % $635,000 135.19 % $515,000 90.74 % $562.01 139.37 % $440.92 87.80% 7
2006 1 -90.00 % $270,000 -48.86 % $270,000 -53.16 % $234.78 -52.01 % $234.78 -58.25%
1001-1500
Year Sales %+- Avg Selling %+- Med Selling %+- Avg PSF %+- Med PSF %+- Avg DOM
Fenway
Inventory
Fourth Quarter 2008
L I N K
140 Newbury Street
Boston, MA 02116
617-267-5465
Leather District2008 Fourth Quarter
Sales Summary
Leather District
Five Year Price Index
(Appreciation Rate)
L I N K
Leather District
Quarterly Sales Summary
Fourth Quarter 2008
2005 12 -20.00 % $567,583 -1.06 % $519,000 7.63 % $464.84 2.50 % $445.10 3.30% 67
2006 10 -16.67 % $439,763 -22.52 % $394,000 -24.08 % $497.62 7.05 % $497.11 11.69% 168
2007 13 30.00 % $1,037,835 136.00 % $616,500 56.47 % $464.16 -6.72 % $407.94 -17.94% 124
2008 5 -61.54 % $560,000 -46.04 % $575,000 -6.73 % $401.39 -13.52 % $401.39 -1.61% 167
2004 15 150.00 % $573,654 17.57 % $482,200 -12.53 % $453.49 22.99 % $430.89 13.34% 49
2002 6 $544,000 $555,000 $349.88 $374.32 90
2003 6 0.00 % $487,917 -10.31 % $551,250 -0.68 % $368.73 5.39 % $380.17 1.56% 39
Year Sales %+- Avg Selling %+- Med Selling %+- Avg Psf %+- Med Psf %+- Avg DOM
L I N K
Sq Feet
Leather District
Sales Comparison by Number of Bedrooms
Fourth Quarter 2008
L I N K
2008 1 -75.00 % $612,000 -31.71 % $612,000 -26.82 % $363.85 -25.34 % $363.85 -22.47 % 167
2007 4 0.00 % $896,188 51.06 % $836,250 45.56 % $487.33 5.71 % $469.29 -2.62 % 94
2006 4 0.00 % $593,250 5.84 % $574,500 11.77 % $461.00 -1.41 % $481.90 6.98 % 218Two
Beds
2008 0
2007 0
2006 0ThreePlus
Beds
2008 0
2007 0 -100.00
2006 2 $303,500 $303,500 $589.89 $589.89 59
Studio
2008 1 -83.33 % $575,000 -2.46 % $575,000 -7.74 % $438.93 -5.43 % $438.93 -6.08 %
2007 6 200.00 % $589,517 62.18 % $623,250 71.46 % $464.11 -13.43 % $467.35 -12.83 % 144
2006 2 -66.67 % $363,500 -41.47 % $363,500 -43.42 % $536.14 20.43 % $536.14 20.51 % 143OneBed
Year Sales %+- Avg Selling %+- Med Selling %+- Avg PSF %+- Med PSF %+- Avg DOM
Sq Feet
Leather District
Sales Comparison by Square Footage
Fourth Quarter 2008
L I N K
2008 1 -50.00 % $612,000 -4.11 % $612,000 -4.11 % $363.85 -4.11 % $363.85 -4.11% 167
2007 2 0.00 % $638,250 -7.16 % $638,250 -7.16 % $379.46 -11.87 % $379.46 -11.87% 278
2006 2 100.00 % $687,500 -7.72 % $687,500 -7.72 % $430.57 -3.19 % $430.57 -3.19% 3721501-1800
2008 0 -100.00 %
2007 1 $1,257,500 $1,257,500 $676.08 $676.08 226
2006 0 -100.00 %
1800-2400
2008 0 -100.00 %
2007 1 $1,538,250 $1,538,250 $544.90 $544.90 34
2006 0Over2400
2008 0
2007 0 -100.00 %
2006 4 $333,500 $330,000 $563.01 $568.11 87700 or
Less
2008 0 -100.00 %
2007 2 0.00 % $394,800 14.33 % $394,800 14.33 % $470.62 6.94 % $470.62 6.94% 55
2006 2 -33.33 % $345,316 -14.95 % $345,316 -15.57 % $440.08 -9.93 % $440.08 -12.59% 192701-
1000
2008 1 -80.00 % $575,000 4.55 % $575,000 1.77 % $438.93 0.46 % $438.93 7.60%
2007 5 150.00 % $550,000 10.22 % $565,000 13.23 % $436.93 -11.09 % $407.94 -16.99% 117
2006 2 -71.43 % $499,000 -12.89 % $499,000 -10.09 % $491.43 6.75 % $491.43 10.39% 641001-1500
Year Sales %+- Avg Selling %+- Med Selling %+- Avg PSF %+- Med PSF %+- Avg DOM
Leather District
Inventory
Fourth Quarter 2008
L I N K
140 Newbury Street
Boston, MA 02116
617-267-5465
Midtown2008 Fourth Quarter
Sales Summary
Midtown
Five Year Price Index
(Appreciation Rate)
L I N K
Midtown
Quarterly Sales Summary
Fourth Quarter 2008
2005 48 -17.24 % $1,094,208 20.18 % $787,500 25.10 % $697.14 11.10 % $622.12 5.03% 48
2006 25 -47.92 % $1,265,480 15.65 % $1,010,000 28.25 % $863.10 23.81 % $919.64 47.82% 104
2007 21 -16.00 % $826,240 -34.71 % $695,000 -31.19 % $641.55 -25.67 % $568.32 -38.20% 95
2008 10 -52.38 % $1,335,100 61.59 % $1,255,000 80.58 % $796.93 24.22 % $800.85 40.91% 73
2004 58 123.08 % $910,445 -26.26 % $629,500 -14.30 % $627.51 -12.40 % $592.31 -11.96% 57
2002 23 -69.74 % $716,652 -46.91 % $677,000 -28.44 % $673.30 -16.40 % $702.48 -11.45% 68
2003 26 13.04 % $1,234,720 72.29 % $734,500 8.49 % $716.34 6.39 % $672.75 -4.23% 64
Year Sales %+- Avg Selling %+- Med Selling %+- Avg Psf %+- Med Psf %+- Avg DOM
L I N K
Sq Feet
Midtown
Sales Comparison by Number of Bedrooms
Fourth Quarter 2008
L I N K
2008 4 -55.56 % $1,618,750 92.00 % $1,415,000 103.60 % $888.46 38.75 % $952.95 53.58 % 113
2007 9 -40.00 % $843,114 -35.79 % $695,000 -32.52 % $640.34 -27.67 % $620.48 -33.62 % 178
2006 15 -11.76 % $1,313,000 22.91 % $1,030,000 7.74 % $885.34 34.98 % $934.77 60.64 % 87Two
Beds
2008 3 0.00 % $1,741,667 11.35 % $1,950,000 20.00 % $857.24 10.85 % $825.57 8.31 % 64
2007 3 0.00 % $1,564,167 -34.87 % $1,625,000 -20.73 % $773.31 -6.00 % $762.20 0.65 % 27
2006 3 -50.00 % $2,401,667 -25.81 % $2,050,000 -20.00 % $822.70 -16.87 % $757.30 -20.00 % 92ThreePlus
Beds
2008 0 -100.00
2007 1 $465,000 $465,000 $788.14 $788.14
2006 0
Studio
2008 3 -50.00 % $550,333 21.82 % $525,000 28.44 % $614.57 6.10 % $656.25 19.74 % 28
2007 6 -14.29 % $451,750 -33.24 % $408,750 -38.99 % $579.24 -30.44 % $548.05 -39.31 % 56
2006 7 -68.18 % $676,714 10.66 % $670,000 6.77 % $832.75 27.35 % $902.96 54.66 % 140OneBed
Year Sales %+- Avg Selling %+- Med Selling %+- Avg PSF %+- Med PSF %+- Avg DOM
Sq Feet
Midtown
Sales Comparison by Square Footage
Fourth Quarter 2008
L I N K
2008 2 0.00 % $1,460,000 100.08 % $1,460,000 100.08 % $926.62 99.26 % $926.62 99.26% 28
2007 2 0.00 % $729,690 -59.85 % $729,690 -59.85 % $465.03 -59.38 % $465.03 -59.38%
2006 2 -75.00 % $1,817,500 85.32 % $1,817,500 90.51 % $1,144.73 97.99 % $1,144.73 110.11% 161501-1800
2008 2 0.00 % $1,962,500 -3.98 % $1,962,500 -3.98 % $897.81 -3.49 % $897.81 -3.49% 91
2007 2 -33.33 % $2,043,750 -11.91 % $2,043,750 -19.54 % $930.27 -13.28 % $930.27 -19.78% 27
2006 3 -40.00 % $2,320,000 41.59 % $2,540,000 45.14 % $1,072.73 37.02 % $1,159.68 39.30% 641800-2400
2008 1 $3,100,000 $3,100,000 $1,145.18 $1,145.18 232
2007 0 -100.00 %
2006 3 -25.00 % $2,401,667 -39.29 % $2,050,000 -47.60 % $822.70 -22.65 % $757.30 -27.62% 92Over2400
2008 0 -100.00 %
2007 2 0.00 % $420,000 3.45 % $420,000 3.45 % $671.85 -4.64 % $671.85 -4.64% 92
2006 2 0.00 % $406,000 -15.42 % $406,000 -15.42 % $704.55 -2.14 % $704.55 -2.14%
700 orLess
2008 2 -60.00 % $437,500 -13.38 % $437,500 1.74 % $566.22 -9.98 % $566.22 -2.56% 28
2007 5 25.00 % $505,100 -23.03 % $430,000 -39.44 % $629.00 -25.69 % $581.08 -36.73% 93
2006 4 -71.43 % $656,250 15.46 % $710,000 30.16 % $846.49 26.62 % $918.48 61.57% 29701-
1000
2008 3 -66.67 % $843,667 4.90 % $776,000 11.65 % $680.94 10.39 % $711.27 46.86% 61
2007 9 -18.18 % $804,294 -14.93 % $695,000 -30.50 % $616.85 -22.95 % $484.32 -47.34% 132
2006 11 -8.33 % $945,455 11.77 % $1,000,000 23.69 % $800.61 23.52 % $919.64 51.60% 2021001-1500
Year Sales %+- Avg Selling %+- Med Selling %+- Avg PSF %+- Med PSF %+- Avg DOM
Midtown
Inventory
Fourth Quarter 2008
L I N K
140 Newbury Street
Boston, MA 02116
617-267-5465
North End2008 Fourth Quarter
Sales Summary
North End
Five Year Price Index
(Appreciation Rate)
L I N K
North End
Quarterly Sales Summary
Fourth Quarter 2008
2005 25 -16.67 % $370,068 0.18 % $340,000 6.33 % $632.62 15.54 % $630.73 13.70% 42
2006 17 -32.00 % $527,735 42.60 % $415,000 22.06 % $635.04 0.38 % $661.76 4.92% 107
2007 25 47.06 % $424,536 -19.56 % $390,000 -6.02 % $618.62 -2.59 % $608.89 -7.99% 71
2008 22 -12.00 % $496,675 16.99 % $390,000 0.00 % $664.38 7.40 % $605.47 -0.56% 45
2004 30 -9.09 % $369,412 -13.55 % $319,750 -16.95 % $547.55 16.23 % $554.74 13.90% 45
2002 12 -7.69 % $370,846 0.46 % $292,500 -10.00 % $488.30 5.75 % $473.33 9.25% 51
2003 33 175.00 % $427,290 15.22 % $385,000 31.62 % $471.11 -3.52 % $487.03 2.89% 45
Year Sales %+- Avg Selling %+- Med Selling %+- Avg Psf %+- Med Psf %+- Avg DOM
L I N K
Sq Feet
North End
Sales Comparison by Number of Bedrooms
Fourth Quarter 2008
L I N K
2008 15 50.00 % $559,727 10.75 % $545,000 23.16 % $615.98 5.20 % $608.84 6.90 % 45
2007 10 100.00 % $505,400 -16.10 % $442,500 -30.81 % $585.51 5.38 % $569.54 3.31 % 97
2006 5 66.67 % $602,400 8.02 % $639,500 33.23 % $555.63 -6.73 % $551.29 -6.74 % 105Two
Beds
2008 0 -100.00
2007 1 0.00 % $930,000 -38.00 % $930,000 -38.00 % $656.32 -18.57 % $656.32 -18.57 %
2006 1 0.00 % $1,500,000 229.67 % $1,500,000 229.67 % $806.02 39.41 % $806.02 39.41 % 138ThreePlus
Beds
2008 2 100.00 % $222,125 18.15 % $222,125 18.15 % $603.16 -6.96 % $603.16 -6.96 % 33
2007 1 $188,000 $188,000 $648.28 $648.28
2006 0
Studio
2008 4 -60.00 % $447,425 35.08 % $371,250 20.36 % $962.79 50.42 % $707.82 12.31 % 60
2007 10 0.00 % $331,240 -20.27 % $308,450 -17.42 % $640.06 -2.68 % $630.25 -4.76 % 34
2006 10 -37.50 % $415,450 23.61 % $373,500 13.23 % $657.65 2.32 % $661.76 3.47 % 105OneBed
Year Sales %+- Avg Selling %+- Med Selling %+- Avg PSF %+- Med PSF %+- Avg DOM
Sq Feet
North End
Sales Comparison by Square Footage
Fourth Quarter 2008
L I N K
2008 0
2007 0
2006 01501-1800
2008 0
2007 0 -100.00 %
2006 1 $1,500,000 $1,500,000 $806.02 $806.02 1381800-2400
2008 0
2007 0
2006 0Over2400
2008 10 -23.08 % $345,045 17.72 % $317,000 6.02 % $725.14 17.59 % $596.14 -2.09% 41
2007 13 62.50 % $293,108 -24.77 % $299,000 -9.67 % $616.64 -12.36 % $608.89 -11.88% 49
2006 8 -46.67 % $389,625 22.74 % $331,000 3.76 % $703.64 5.89 % $690.96 6.56% 122700 or
Less
2008 8 33.33 % $477,113 4.10 % $535,000 10.31 % $559.96 -8.43 % $609.72 -2.17% 41
2007 6 200.00 % $458,333 1.29 % $485,000 7.18 % $611.53 10.81 % $623.23 12.93% 23
2006 2 -50.00 % $452,500 6.60 % $452,500 6.47 % $551.89 -0.24 % $551.89 -0.99% 11701-
1000
2008 4 0.00 % $914,875 7.35 % $967,250 24.89 % $721.30 13.47 % $789.13 30.28% 61
2007 4 -20.00 % $852,250 35.51 % $774,500 21.11 % $635.69 21.23 % $605.74 9.88% 215
2006 5 150.00 % $628,900 -4.71 % $639,500 -3.11 % $524.35 -5.11 % $551.29 -0.24% 1201001-1500
Year Sales %+- Avg Selling %+- Med Selling %+- Avg PSF %+- Med PSF %+- Avg DOM
North End
Inventory
Fourth Quarter 2008
L I N K
140 Newbury Street
Boston, MA 02116
617-267-5465
Seaport2008 Fourth Quarter
Sales Summary
Seaport
Five Year Price Index
(Appreciation Rate)
L I N K
Seaport
Quarterly Sales Summary
Fourth Quarter 2008
2005 12 -45.45 % $659,389 -2.57 % $678,000 5.94 % $439.31 -7.66 % $435.05 -0.38% 200
2006 18 50.00 % $673,750 2.18 % $684,500 0.96 % $455.34 3.65 % $447.29 2.81% 291
2007 15 -16.67 % $558,439 -17.11 % $561,250 -18.01 % $501.16 10.06 % $494.79 10.62% 83
2008 12 -20.00 % $513,006 -8.14 % $485,000 -13.59 % $467.60 -6.70 % $482.04 -2.58% 42
2004 22 -31.25 % $676,773 67.02 % $640,000 61.62 % $475.75 22.77 % $436.70 14.99% 97
2002 3 200.00 % $447,667 24.35 % $480,000 33.33 % $358.98 28.64 % $367.00 31.51% 66
2003 32 966.67 % $405,205 -9.49 % $396,000 -17.50 % $387.52 7.95 % $379.78 3.48% 73
Year Sales %+- Avg Selling %+- Med Selling %+- Avg Psf %+- Med Psf %+- Avg DOM
L I N K
Sq Feet
Seaport
Sales Comparison by Number of Bedrooms
Fourth Quarter 2008
L I N K
2008 6 200.00 % $618,650 -29.15 % $605,000 -30.71 % $450.15 3.51 % $482.04 10.84 % 67
2007 2 -71.43 % $873,125 18.13 % $873,125 20.43 % $434.88 -4.37 % $434.88 -4.07 % 38
2006 7 16.67 % $739,143 -13.23 % $725,000 -15.84 % $454.75 2.03 % $453.32 5.48 % 291Two
Beds
2008 0 -100.00
2007 1 -75.00 % $720,000 -26.90 % $720,000 -30.10 % $526.32 10.11 % $526.32 11.07 %
2006 4 $985,000 $1,030,000 $478.00 $473.84 560ThreePlus
Beds
2008 3 200.00 % $290,100 104.73 % $268,700 89.63 % $389.14 98.55 % $356.37 81.83 % -1
2007 1 $141,700 $141,700 $195.99 $195.99 1
2006 0
Studio
2008 2 -77.78 % $566,937 8.41 % $566,937 2.15 % $539.61 -0.99 % $539.61 8.48 % 11
2007 9 50.00 % $522,960 15.00 % $555,000 21.51 % $545.02 23.37 % $497.42 14.65 % 118
2006 6 0.00 % $454,750 -2.61 % $456,750 -9.91 % $441.77 2.04 % $433.85 -3.21 % 159OneBed
Year Sales %+- Avg Selling %+- Med Selling %+- Avg PSF %+- Med PSF %+- Avg DOM
Sq Feet
Seaport
Sales Comparison by Square Footage
Fourth Quarter 2008
L I N K
2008 0
2007 0 -100.00 %
2006 5 400.00 % $755,000 -20.44 % $730,000 -23.08 % $463.67 -14.69 % $424.67 -21.87% 3511501-1800
2008 1 $1,150,000 $1,150,000 $598.96 $598.96 18
2007 0 -100.00 %
2006 4 -20.00 % $992,500 19.23 % $1,030,000 19.77 % $462.18 8.46 % $473.84 11.80% 4321800-2400
2008 0 -100.00 %
2007 1 $1,185,000 $1,185,000 $390.06 $390.06 75
2006 0Over2400
2008 2 0.00 % $435,000 28.51 % $435,000 28.51 % $651.29 18.47 % $651.29 18.47% -1
2007 2 100.00 % $338,500 18.77 % $338,500 18.77 % $549.74 22.10 % $549.74 22.10%
2006 1 $285,000 $285,000 $450.24 $450.24 148700 or
Less
2008 4 0.00 % $264,300 -30.83 % $222,800 -40.90 % $288.46 -39.70 % $270.41 -45.16% 11
2007 4 100.00 % $382,085 -0.76 % $377,000 -2.08 % $478.38 2.05 % $493.08 5.19% 1
2006 2 0.00 % $385,000 -16.21 % $385,000 -16.21 % $468.77 -14.15 % $468.77 -14.15% 330701-
1000
2008 5 -28.57 % $615,775 1.39 % $640,000 0.00 % $511.17 -0.97 % $494.63 0.50% 76
2007 7 16.67 % $607,321 9.51 % $640,000 22.49 % $516.18 17.26 % $492.17 12.99% 98
2006 6 50.00 % $554,583 17.83 % $522,500 -1.04 % $440.21 16.95 % $435.60 3.76% 1751001-1500
Year Sales %+- Avg Selling %+- Med Selling %+- Avg PSF %+- Med PSF %+- Avg DOM
Seaport
Inventory
Fourth Quarter 2008
L I N K
140 Newbury Street
Boston, MA 02116
617-267-5465
South Boston2008 Fourth Quarter
Sales Summary
South Boston
Five Year Price Index
(Appreciation Rate)
L I N K
South Boston
Quarterly Sales Summary
Fourth Quarter 2008
2005 123 2.50 % $389,044 12.87 % $364,500 12.15 % $392.05 0.28 % $401.83 0.08% 79
2006 127 3.25 % $346,673 -10.89 % $331,000 -9.19 % $372.78 -4.92 % $372.82 -7.22% 106
2007 112 -11.81 % $367,881 6.12 % $358,000 8.16 % $390.60 4.78 % $387.98 4.06% 113
2008 91 -18.75 % $351,233 -4.53 % $338,750 -5.38 % $353.58 -9.48 % $357.12 -7.95% 104
2004 120 3.45 % $344,674 7.64 % $325,000 6.56 % $390.94 19.63 % $401.50 19.53% 62
2002 103 49.28 % $305,650 20.35 % $290,000 18.37 % $326.68 13.80 % $327.52 13.15% 38
2003 116 12.62 % $320,210 4.76 % $305,000 5.17 % $326.79 0.03 % $335.91 2.56% 53
Year Sales %+- Avg Selling %+- Med Selling %+- Avg Psf %+- Med Psf %+- Avg DOM
L I N K
Sq Feet
South Boston
Sales Comparison by Number of Bedrooms
Fourth Quarter 2008
L I N K
2008 53 -18.46 % $336,159 -15.32 % $340,000 -11.69 % $352.05 -5.08 % $356.73 -5.04 % 107
2007 65 -9.72 % $396,995 8.24 % $385,000 5.48 % $370.91 1.36 % $375.66 2.23 % 138
2006 72 18.03 % $366,764 -4.90 % $365,000 -1.35 % $365.92 -6.53 % $367.46 -7.81 % 112Two
Beds
2008 17 70.00 % $481,483 6.31 % $472,000 4.31 % $311.59 -1.46 % $318.18 -8.41 % 109
2007 10 66.67 % $452,900 -17.33 % $452,500 -11.71 % $316.19 -4.47 % $347.38 14.13 % 105
2006 6 -57.14 % $547,833 7.85 % $512,500 4.65 % $330.99 -0.51 % $304.38 2.13 % 96ThreePlus
Beds
2008 0 -100.00
2007 3 0.00 % $259,667 32.03 % $274,000 37.00 % $563.42 34.85 % $518.87 32.60 % 81
2006 3 $196,667 $200,000 $417.83 $391.30 19
Studio
2008 18 -21.74 % $271,197 -11.59 % $275,000 -1.43 % $410.80 -9.92 % $415.46 -12.95 % 89
2007 23 -8.00 % $306,761 14.28 % $279,000 9.84 % $456.04 14.83 % $477.27 17.85 % 55
2006 25 47.06 % $268,420 -28.72 % $254,000 -11.50 % $397.16 -10.89 % $405.00 -9.00 % 103OneBed
Year Sales %+- Avg Selling %+- Med Selling %+- Avg PSF %+- Med PSF %+- Avg DOM
Sq Feet
South Boston
Sales Comparison by Square Footage
Fourth Quarter 2008
L I N K
2008 3 -57.14 % $452,667 -4.64 % $482,500 6.04 % $278.92 -6.56 % $292.42 -0.38% 37
2007 7 16.67 % $474,714 -2.94 % $455,000 -8.31 % $298.50 -0.07 % $293.55 0.87% 152
2006 6 -50.00 % $489,083 -9.42 % $496,250 7.36 % $298.70 -4.67 % $291.02 3.09% 1581501-1800
2008 4 0.00 % $479,125 -0.31 % $485,750 2.26 % $251.22 4.57 % $253.72 6.53% 217
2007 4 33.33 % $480,625 -25.68 % $475,000 -20.17 % $240.24 -25.40 % $238.18 -17.94% 47
2006 3 50.00 % $646,667 -5.25 % $595,000 -12.82 % $322.06 -2.45 % $290.24 -12.09% 2051800-2400
2008 3 200.00 % $675,000 7.31 % $800,000 27.19 % $259.69 23.86 % $300.55 43.34% 78
2007 1 $629,000 $629,000 $209.67 $209.67 82
2006 0 -100.00 %
Over2400
2008 18 -14.29 % $255,056 -5.34 % $265,000 -3.28 % $406.77 -17.26 % $422.74 -12.63% 71
2007 21 -8.70 % $269,448 9.34 % $274,000 12.76 % $491.61 18.18 % $483.87 19.47% 54
2006 23 15.00 % $246,435 -9.18 % $243,000 -13.83 % $415.97 -5.75 % $405.00 -7.98% 100700 or
Less
2008 35 6.06 % $317,106 -6.08 % $317,000 -6.76 % $375.18 -3.98 % $380.00 -2.06% 90
2007 33 -29.79 % $337,640 4.00 % $340,000 4.62 % $390.75 3.67 % $387.98 -1.36% 63
2006 47 56.67 % $324,660 -6.30 % $325,000 -8.11 % $376.91 -7.99 % $393.33 -2.59% 90701-
1000
2008 27 -22.86 % $395,149 -10.73 % $400,000 -6.54 % $324.00 -12.58 % $337.03 -5.63% 132
2007 35 29.63 % $442,663 6.78 % $428,000 7.27 % $370.62 5.62 % $357.14 1.73% 197
2006 27 -6.90 % $414,556 -13.39 % $399,000 -10.34 % $350.91 -7.39 % $351.07 -2.48% 1151001-1500
Year Sales %+- Avg Selling %+- Med Selling %+- Avg PSF %+- Med PSF %+- Avg DOM
South Boston
Inventory
Fourth Quarter 2008
L I N K
140 Newbury Street
Boston, MA 02116
617-267-5465
South End2008 Fourth Quarter
Sales Summary
South End
Five Year Price Index
(Appreciation Rate)
L I N K
South End
Quarterly Sales Summary
Fourth Quarter 2008
2005 145 -16.67 % $600,854 5.34 % $549,000 14.14 % $590.47 5.66 % $589.71 5.68% 56
2006 154 6.21 % $542,848 -9.65 % $467,500 -14.85 % $545.78 -7.57 % $547.81 -7.11% 124
2007 152 -1.30 % $695,164 28.06 % $547,500 17.11 % $629.19 15.28 % $627.44 14.54% 68
2008 109 -28.29 % $580,083 -16.55 % $510,000 -6.85 % $582.04 -7.49 % $611.15 -2.60% 99
2004 174 -23.68 % $570,368 23.72 % $481,000 14.66 % $558.86 15.34 % $558.04 13.47% 42
2002 179 21.77 % $480,521 19.99 % $425,000 14.50 % $458.85 15.20 % $457.41 13.27% 28
2003 228 27.37 % $461,018 -4.06 % $419,500 -1.29 % $484.53 5.60 % $491.80 7.52% 57
Year Sales %+- Avg Selling %+- Med Selling %+- Avg Psf %+- Med Psf %+- Avg DOM
L I N K
Sq Feet
South End
Sales Comparison by Number of Bedrooms
Fourth Quarter 2008
L I N K
2008 47 -17.54 % $633,453 -13.43 % $640,000 2.07 % $585.89 -3.88 % $619.05 1.56 % 91
2007 57 0.00 % $731,717 13.81 % $627,000 4.50 % $609.56 8.35 % $609.52 6.11 % 65
2006 57 18.75 % $642,903 0.22 % $600,000 0.08 % $562.58 -5.52 % $574.40 -4.28 % 112Two
Beds
2008 16 -15.79 % $863,750 -38.52 % $831,000 -28.05 % $527.08 -20.56 % $517.25 -23.75 % 127
2007 19 90.00 % $1,404,884 18.81 % $1,155,000 -6.48 % $663.46 13.55 % $678.39 11.04 % 85
2006 10 -28.57 % $1,182,500 10.47 % $1,235,000 8.57 % $584.30 2.39 % $610.96 5.53 % 161ThreePlus
Beds
2008 3 -57.14 % $255,000 -57.91 % $275,000 -21.20 % $590.42 -11.20 % $567.16 -7.92 % 145
2007 7 0.00 % $605,843 128.34 % $349,000 32.20 % $664.89 13.64 % $615.97 9.51 % 20
2006 7 -36.36 % $265,321 1.66 % $264,000 -2.22 % $585.06 -6.96 % $562.50 -5.78 % 211
Studio
2008 39 -37.10 % $425,907 -9.89 % $429,000 -4.35 % $602.31 -5.50 % $629.23 -2.47 % 87
2007 62 26.53 % $472,652 28.11 % $448,500 24.58 % $637.40 17.77 % $645.14 17.94 % 67
2006 49 19.51 % $368,939 -18.10 % $360,000 -18.18 % $541.24 -6.40 % $547.03 -6.18 % 85OneBed
Year Sales %+- Avg Selling %+- Med Selling %+- Avg PSF %+- Med PSF %+- Avg DOM
Sq Feet
South End
Sales Comparison by Square Footage
Fourth Quarter 2008
L I N K
2008 7 -61.11 % $966,286 -21.35 % $959,000 -24.93 % $592.43 -19.48 % $581.21 -26.32% 55
2007 18 157.14 % $1,228,656 17.29 % $1,277,500 32.38 % $735.70 13.06 % $788.88 37.34% 88
2006 7 -30.00 % $1,047,571 9.33 % $965,000 5.46 % $650.73 12.58 % $574.40 0.26% 971501-1800
2008 4 -63.64 % $1,214,550 -3.50 % $1,212,850 5.01 % $605.56 -2.87 % $603.49 -4.02% 275
2007 11 37.50 % $1,258,618 5.15 % $1,155,000 -5.13 % $623.46 7.72 % $628.74 3.75% 56
2006 8 -11.11 % $1,196,921 -3.90 % $1,217,500 -1.81 % $578.78 -3.53 % $606.02 0.05% 1421800-2400
2008 2 0.00 % $1,382,500 -56.96 % $1,382,500 -56.96 % $541.88 -23.65 % $541.88 -23.65% 71
2007 2 0.00 % $3,212,500 114.52 % $3,212,500 114.52 % $709.74 57.40 % $709.74 57.40% 211
2006 2 -33.33 % $1,497,500 3.22 % $1,497,500 6.96 % $450.92 -10.08 % $450.92 -6.40% 450Over2400
2008 29 -27.50 % $368,810 -1.76 % $389,000 2.10 % $609.00 -5.64 % $652.17 0.36% 82
2007 40 8.11 % $375,413 19.33 % $381,000 17.23 % $645.40 12.55 % $649.84 15.53% 43
2006 37 -13.95 % $314,601 -5.94 % $325,000 -2.69 % $573.46 -7.53 % $562.50 -7.67% 104700 or
Less
2008 38 -24.00 % $474,134 -9.30 % $476,188 -5.61 % $559.78 -9.33 % $559.33 -9.23% 57
2007 50 4.17 % $522,740 20.24 % $504,500 15.98 % $617.37 17.23 % $616.22 13.39% 68
2006 48 50.00 % $434,757 -11.54 % $435,000 -11.50 % $526.62 -9.18 % $543.46 -8.54% 103701-
1000
2008 28 -9.68 % $705,688 -1.13 % $695,000 -7.33 % $581.24 3.36 % $611.15 2.89% 151
2007 31 -27.91 % $713,735 15.60 % $750,000 21.56 % $562.35 7.21 % $593.96 13.60% 77
2006 43 7.50 % $617,436 -11.68 % $617,000 -10.47 % $524.54 -8.72 % $522.85 -5.80% 1561001-1500
Year Sales %+- Avg Selling %+- Med Selling %+- Avg PSF %+- Med PSF %+- Avg DOM
South End
Inventory
Fourth Quarter 2008
L I N K
140 Newbury Street
Boston, MA 02116
617-267-5465
Waterfront2008 Fourth Quarter
Sales Summary
Waterfront
Five Year Price Index
(Appreciation Rate)
L I N K
Waterfront
Quarterly Sales Summary
Fourth Quarter 2008
2005 33 -5.71 % $783,244 22.26 % $645,000 13.66 % $622.56 13.13 % $560.72 1.72% 85
2006 122 269.70 % $980,662 25.21 % $836,000 29.61 % $734.39 17.96 % $745.08 32.88% 69
2007 40 -67.21 % $936,945 -4.46 % $655,000 -21.65 % $694.81 -5.39 % $651.43 -12.57% 103
2008 32 -20.00 % $875,514 -6.56 % $651,250 -0.57 % $676.89 -2.58 % $646.22 -0.80% 173
2004 35 -2.78 % $640,657 5.47 % $567,500 0.44 % $550.29 4.65 % $551.26 3.11% 78
2002 40 100.00 % $662,950 1.42 % $530,000 7.72 % $533.72 -1.49 % $474.14 -5.91% 79
2003 36 -10.00 % $607,432 -8.37 % $565,000 6.60 % $525.84 -1.48 % $534.62 12.76% 130
Year Sales %+- Avg Selling %+- Med Selling %+- Avg Psf %+- Med Psf %+- Avg DOM
L I N K
Sq Feet
Waterfront
Sales Comparison by Number of Bedrooms
Fourth Quarter 2008
L I N K
2008 12 0.00 % $1,168,246 -0.01 % $1,132,750 32.49 % $746.21 -7.31 % $712.99 1.86 % 249
2007 12 -82.86 % $1,168,333 6.52 % $855,000 -21.38 % $805.08 8.95 % $699.99 -0.20 % 125
2006 70 250.00 % $1,096,829 41.65 % $1,087,500 80.50 % $738.96 18.76 % $701.36 25.08 % 74Two
Beds
2008 1 -85.71 % $3,400,000 71.66 % $3,400,000 138.60 % $1,125.83 34.25 % $1,125.83 33.05 % 178
2007 7 16.67 % $1,980,714 1.24 % $1,425,000 -11.27 % $838.61 20.80 % $846.20 31.56 % 105
2006 6 500.00 % $1,956,500 -2.18 % $1,606,000 -19.70 % $694.21 -20.44 % $643.22 -26.29 % 119ThreePlus
Beds
2008 0 -100.00
2007 1 -80.00 % $380,000 11.76 % $380,000 10.14 % $892.02 11.21 % $892.02 8.85 % 1
2006 5 150.00 % $340,000 -39.56 % $345,000 -38.67 % $802.10 12.98 % $819.48 15.42 % 1
Studio
2008 12 -29.41 % $609,208 24.25 % $526,500 37.86 % $617.25 13.02 % $549.41 15.08 % 36
2007 17 -56.41 % $490,312 -30.22 % $381,920 -47.32 % $546.15 -24.89 % $477.40 -36.40 % 89
2006 39 680.00 % $702,636 12.65 % $725,000 0.00 % $727.13 24.09 % $750.59 25.03 % 62OneBed
Year Sales %+- Avg Selling %+- Med Selling %+- Avg PSF %+- Med PSF %+- Avg DOM
Sq Feet
Waterfront
Sales Comparison by Square Footage
Fourth Quarter 2008
L I N K
2008 7 16.67 % $1,251,564 -11.50 % $1,180,500 -10.06 % $740.63 -10.99 % $702.68 -7.11% 447
2007 6 -78.57 % $1,414,167 10.07 % $1,312,500 2.94 % $832.05 2.23 % $756.43 -6.35% 108
2006 28 833.33 % $1,284,804 44.98 % $1,275,000 59.52 % $813.90 55.38 % $807.68 71.58% 351501-1800
2008 2 0.00 % $1,637,500 2.50 % $1,637,500 2.50 % $858.72 3.02 % $858.72 3.02% 106
2007 2 -81.82 % $1,597,500 17.22 % $1,597,500 18.33 % $833.58 15.51 % $833.58 15.34% 88
2006 11 450.00 % $1,362,818 -39.43 % $1,350,000 -40.00 % $721.67 -35.01 % $722.70 -34.92% 741800-2400
2008 2 -33.33 % $2,068,500 -29.08 % $2,068,500 -23.25 % $676.54 -31.38 % $676.54 -31.54% 174
2007 3 -25.00 % $2,916,667 8.02 % $2,695,000 -7.47 % $985.95 12.62 % $988.27 5.84% 95
2006 4 $2,700,000 $2,912,500 $875.49 $933.71 19Over2400
2008 1 -50.00 % $450,000 38.04 % $450,000 38.04 % $755.03 1.89 % $755.03 1.89%
2007 2 -77.78 % $326,000 -15.71 % $326,000 -5.51 % $741.02 -1.80 % $741.02 -0.96% 10
2006 9 200.00 % $386,778 2.68 % $345,000 -9.21 % $754.63 24.96 % $748.22 24.64% 16700 or
Less
2008 8 -42.86 % $509,375 24.93 % $486,500 27.87 % $578.57 18.47 % $526.70 15.39% 54
2007 14 -26.32 % $407,736 -24.37 % $380,460 -37.53 % $488.36 -24.22 % $456.43 -38.18% 81
2006 19 171.43 % $539,147 -4.31 % $609,000 15.12 % $644.45 -1.47 % $738.37 18.40% 62701-
1000
2008 7 -30.00 % $779,786 -20.51 % $690,000 -14.55 % $662.49 -14.75 % $567.90 -18.87% 52
2007 10 -80.00 % $981,000 12.49 % $807,500 1.57 % $777.14 9.16 % $699.99 4.60% 157
2006 50 233.33 % $872,090 22.00 % $795,000 23.26 % $711.91 25.72 % $669.23 26.36% 1031001-1500
Year Sales %+- Avg Selling %+- Med Selling %+- Avg PSF %+- Med PSF %+- Avg DOM
Waterfront
Inventory
Fourth Quarter 2008
L I N K
140 Newbury Street
Boston, MA 02116
617-267-5465
West End2008 Fourth Quarter
Sales Summary
West End
Five Year Price Index
(Appreciation Rate)
L I N K
West End
Quarterly Sales Summary
Fourth Quarter 2008
2005 20 11.11 % $362,650 -9.46 % $297,250 -24.65 % $446.57 8.79 % $447.76 10.13% 49
2006 6 -70.00 % $449,083 23.83 % $417,500 40.45 % $427.04 -4.37 % $431.00 -3.74% 53
2007 9 50.00 % $352,944 -21.41 % $350,000 -16.17 % $404.52 -5.27 % $405.35 -5.95% 75
2008 9 0.00 % $385,167 9.13 % $375,000 7.14 % $401.31 -0.79 % $417.13 2.91% 62
2004 18 -18.18 % $400,554 18.54 % $394,500 22.33 % $410.48 15.03 % $406.59 15.77% 37
2002 15 36.36 % $331,820 -8.51 % $300,000 -15.37 % $438.27 18.21 % $379.34 6.18% 32
2003 22 46.67 % $337,898 1.83 % $322,500 7.50 % $356.85 -18.58 % $351.22 -7.41% 89
Year Sales %+- Avg Selling %+- Med Selling %+- Avg Psf %+- Med Psf %+- Avg DOM
L I N K
Sq Feet
West End
Sales Comparison by Number of Bedrooms
Fourth Quarter 2008
L I N K
2008 4 300.00 % $470,750 -11.84 % $431,000 -19.29 % $355.45 -12.34 % $345.84 -14.70 % 74
2007 1 -50.00 % $534,000 27.90 % $534,000 27.90 % $405.47 18.48 % $405.47 18.48 % 1
2006 2 0.00 % $417,500 -28.63 % $417,500 -28.63 % $342.22 -21.76 % $342.22 -21.76 % 159Two
Beds
2008 0
2007 0 -100.00
2006 1 0.00 % $745,000 -14.27 % $745,000 -14.27 % $447.99 -21.90 % $447.99 -21.90 % 27ThreePlus
Beds
2008 2 -33.33 % $287,500 6.88 % $287,500 6.48 % $452.06 7.06 % $452.06 6.65 % 29
2007 3 200.00 % $269,000 -5.11 % $270,000 -4.76 % $422.24 -19.28 % $423.86 -18.97 % 91
2006 1 -87.50 % $283,500 -1.69 % $283,500 -1.56 % $523.06 15.54 % $523.06 15.69 % 36
Studio
2008 3 -40.00 % $336,167 -8.43 % $350,000 -3.18 % $428.64 8.87 % $423.73 10.30 %
2007 5 150.00 % $367,100 -11.65 % $361,500 -13.00 % $393.71 -13.16 % $384.17 -15.27 % 87
2006 2 -77.78 % $415,500 28.64 % $415,500 24.03 % $453.38 5.67 % $453.38 4.64 % 23OneBed
Year Sales %+- Avg Selling %+- Med Selling %+- Avg PSF %+- Med PSF %+- Avg DOM
Sq Feet
West End
Sales Comparison by Square Footage
Fourth Quarter 2008
L I N K
2008 0
2007 0 -100.00 %
2006 1 0.00 % $745,000 -14.27 % $745,000 -14.27 % $447.99 -21.90 % $447.99 -21.90% 271501-1800
2008 0
2007 0
2006 01800-2400
2008 0
2007 0
2006 0Over2400
2008 3 0.00 % $286,167 6.38 % $285,000 5.56 % $449.73 6.51 % $446.71 5.39% 29
2007 3 200.00 % $269,000 -5.11 % $270,000 -4.76 % $422.24 -19.28 % $423.86 -18.97% 91
2006 1 -91.67 % $283,500 -2.30 % $283,500 -1.56 % $523.06 13.38 % $523.06 15.69% 36700 or
Less
2008 2 -60.00 % $362,500 -1.25 % $362,500 0.28 % $420.43 6.79 % $420.43 9.44%
2007 5 150.00 % $367,100 -11.65 % $361,500 -13.00 % $393.71 -13.16 % $384.17 -15.27% 87
2006 2 -60.00 % $415,500 19.95 % $415,500 11.69 % $453.38 16.43 % $453.38 9.51% 23701-
1000
2008 4 300.00 % $470,750 -11.84 % $431,000 -19.29 % $355.45 -12.34 % $345.84 -14.70% 74
2007 1 -50.00 % $534,000 27.90 % $534,000 27.90 % $405.47 18.48 % $405.47 18.48% 1
2006 2 0.00 % $417,500 -28.63 % $417,500 -28.63 % $342.22 -21.76 % $342.22 -21.76% 1591001-1500
Year Sales %+- Avg Selling %+- Med Selling %+- Avg PSF %+- Med PSF %+- Avg DOM
West End
Inventory
Fourth Quarter 2008
L I N K