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Archive for July, 2005


Desperate househunters – when buyers are only interest in THAT house

Funny article in the Globe about buyers who get focused on just one neighborhood, one street…one house, and go to extremes to get it.
By Elaine McArdle, Boston Globe
For some, however, this approach can become an obsession. Take the case of a young mother intent on buying in a specific area of Arlington. She sent letters [...]



Chinatown – poised for a recovery?

Readers of this blog know where I come down on redevelopment – strongly on the side of increasing supply, and pretty strongly against preservation.  Not because I’m a real estate agent and am greedy about having more condos to sell; in fact, the opposite. 
Increasing the supply of housing benefits everyone.  It can, actually, LOWER [...]



Danvers State Hospital � the scariest building in North America goes upscale

AvalonBay Communities has announced plans to turn parts of Danvers State Hospital into apartments and condos.  That’ll be a bit of an approvement.  Growing up in Topsfield, we used to go down there once in awhile to scare ourselves (apologies to patients).  Oh, wasted youth.
By Michael Corkery, The Wall Street Journal

DANVERS, Mass. — Perched on [...]



Fear of Committing – some “buyers” never buy…

Buyers should take their time to find the perfect home.  Sometimes, however, they might never find that home.  Could it be that they are simply unable to commit?
By Teri Karush Rogers, NY Times

On the diving board of dashed hopes and denial paces an unhappy figure: the would-be buyer who shops for years but resists taking [...]



The Next Big Thing (in cities)

James Stamp, who writes about architecture and the such, has an awesome idea of what all cities should build.
I’m open to suggestions.  Paul Revere? Sam Adams? Rosie Ruiz?

The Next Big Thing, by James Stamp
I started thinking, what’s going to be the next trend to storm our cities? Quickly realizing that I had no idea, I [...]



Weekly Boston Real Estate Sales & Listings Update, July 22, 2005

Below is a report of sales and listing activity for the past week. Information is derived from LINK, the online database that is used by most Boston real estate agents.
New listings: 129
Back on market (listings that went under agreement but deals fell through): 22
Price changes (almost always downward, but some go up): 98
Under agreements: 122
Off [...]



Trapped in the Bubble

People are all ecstatic when they sell their homes for a huge profit, these days, but are faced with the harsh reality: where the hell are they going to move with housing being so expensive, these days?
By  Motoko Rich, New York Times
It may seem absurd that David and Christine Boals, a Manhattan couple with two [...]



New program announced for Massachusetts homebuyers

This may be of interest to first-time homebuyers (as well as others, for that matter).
Your own bank or mortgage company may be able to match this offer, however.  It always helps to shop around!
Mass.: Educators Eligible for Home Loans
Educators in Massachusetts can take advantage of a new $100 million initiative that is designed to make [...]



Condominium sales increase in Massachusetts, year-to-year; single-family home sales stay steady

According to the National Association of Realtors, single family home sales stayed steady in June, when compared to last year.  This follows a big drop in sales in April & May; down more than 10% each month, compared to last year.  Condo sales are still going strong, however, at least in Massachusetts as a whole.  [...]



Ritz Carlton’s “Phillips Club” to go condo by September

The Ritz Carlton towers is actually made up of three separate parts.  There are the two towers, where you buy to own; then there is the hotel; and there is the "Phillips Club" which is an extended-stay hotel. 
The management has decided to turn the extended-stay units into condos, and sell them off.
The units are [...]



Let's talk Boston real estate. The most recent real estate comments

  • sikka kaamna greens, Millennium vows to build a tall tower in the Big Hole: Thank you for providing useful...
  • Rich, New plans unveiled for Herald’s old South End site: My wife wants to see either a Whole Foods Market or a...
  • Rich, Downtown Crossing’s Big Hole to be filled?: This is of course good news. However, let’s not get too...
  • Seyi, Offer to purchase can be binding: I agree Gerry, I uusllay flag my listings until the home inspection issues...
  • Gloriane, Boston condo sellers: Can they specify a lender with an offer?: BS low – ratioalinty high! Really...
  • JohnF, Charles Street Retail Space Available for Rent: Thanks Bill, I spoke with your wife and I’m sure we can...
  • Bill, Charles Street Retail Space Available for Rent: I am looking for a small retail street level retail space for...
  • Funny, Rents hit record high in Boston: It’s not just Boston. Did you know rents in Worcester for a small 1...
  • John Ford, The economy and the local real estate market: Good info – thanks Nemo
  • Funny, To paraphrase Tom Brady: Mass. homes sales sucked in 2011: Imagine what would happen if 10-15% was shaved of...
  • Nemo, The economy and the local real estate market: The Labor Department does have a rate that includes all workers...
  • John Smith, A message from a Boston Real Estate Mortgage Broker: Thanks for your valuable post.I would like to know...
  • Rich, MetLife exits large portions of the mortgage business: MetLife is a very clever operator. In 2006, they sold...
  • Rich, Why the Fed didn’t see the housing crisis coming: Oh please. After the dot-com crash of 2000, the NASDAQ...
  • Funny, Is home ‘ownership’ a fraud?: smells of a gold digger. Next step is how we’re really all...
  • Suburban reader, Is home ‘ownership’ a fraud?: Incomprehensible indeed. It seems (I think) to assume that...
  • Rich, Is home ‘ownership’ a fraud?: I found the article incomprehensible.
  • SeanMarkup, ‘Back to 1990s home prices?’: Bangalore real estate prices are kissing skies day by...
  • Jaypee Kosmos, Beacon HIll Restaurant Space Available: Thank you !!! nice information found here… Jaypee Kosmos
  • Will F., I found the 1% and it’s not in Boston: This is true… Washington DC is a city of 600,000+...

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    Classic Beacon Hill Duplex Condo

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    Offered at: $879,000.00

    Gracious parlor level living area offers open floor plan, fireplace, dining area,revovated kitchen with custom cabinents.

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    Boston neighborhoods



    Boston Real Estate / Boston Condos



    Click on the links below for Boston condo neighborhood sales listings

    Boston Back Bay Condos

    Beacon Hill Condos

    Boston Charlestown Condos

    Fenway Boston Condos

    Boston South End Condos

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    Boston Back Bay Condos 3rd Q 2011





    Back Bay Condo Sales 3rd Quarter 2011 - 150. Number of Back Bay condo sales in the 3rd Q of 2010 - 126

    Back Bay average condo sales price in the 3rd Q of 2011 - $974,258.00. Back Bay average condo sales price in the 3rd Q of 2010 - $944,320.00

    Back Bay condo 3rd Q 2011 sales price per square foot $736.88 Back Bay condo 3rd Q 2010 sales price per square foot $731.88

    Boston Back Bay condos days on market 3rd Q 2011 - 125 Boston Back Bay condos days on market 3rf Q 2010 - 106 Back Bay condo sales stats Jan - Sept 2011:

    Number of Back Bay Condo sales Jan through Sept - 334

    Avg Back Bay condo sales price - $1, 173,927.00

    Med Back Bay condo sales price - $795,000.00

    Avg price per square foot - $780.00

    Days on market for Back Bay Condo - 131

    Back Bay Condos - Sales Stats 2011



    Back Bay Condo Sales form April 1, 2011 - May 1, 2011 - 27

    Avg. Back Bay condo sales price - $1,324,226.00

    Med. Back Bay condo sales price - $1,210,000.00

    Back Bay condo sales price per square foot - $787.00

    Avg. days on the market for Back Bay condo - 184

    Boston Back Bay condos sold from Jan 1, 2011 - April 28, 2011 - 105.

    Average sales price for a Back Bay condominium in 2011 - $1,317,969.00

    Median sales price for a Back Bay condominium in 2011 - $865,000.00

    Average price per sqaure foot for a Back Bay condo in 2011 - $805.00

    Average days on the market in 2011 for a Back Bay condo - 153

    Back Bay condos/real estate sales for the 1st Quarter of 2011:

    Average Back Bay condo sales price - $1,290,181.00

    Median Back Bay condo sales price - $828,895.00

    Average Back Bay condo sales priec per square foot - $804.00



    Back Bay Condos Sold Jan 1, 2011 - April 16, 2011

    Back Bay condos sales - 97

    Average Back Bay condo price: $1,407,795.00

    Median Back Bay condo sales price: $852,500.00

    Average price per square foot for a Back Bay Condo $863.00

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    Back Bay Condos Sold 2011

    Back Bay condos sold: 50

    Average Back Bay condo sales price:$1,367,003.00

    Median Back Bay condo sales price: $953,750.00

    Average Price per $/SF: $806

    Average days on the market for a Back Bay condo: 124

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    Beacon Hill Condos Sales Stats 2011





    Beacon Hill condos sold form Jan 1, 2011 - April 28, 2011 - 37

    Average Beacon Hill condo sales price - $799,809.00

    Median Beacon Hill condos sales price - $560,000.00

    Average price per square foot for a sold Beacon Hill condo - $704.00

    Average days on the market for a Beacon Hill condo to sell - 165

    Beacon Hill condo sales 2011 Jan - Mar

    Beacon Hill condos sold

    Avg Beacon Hill condo price $823,500.00

    Med. Beacon Hill condo price $524,500.00

    Avg. price per sq ft. Beacon Hill condo $632.00

    Avg. days on market Beacon Hill condo 222

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    Boston Condos Brighton Sales Stats 2011





    Boston Brighton Condo sales - 25

    Brighton condo avg. sales price $259,510

    Brighton condo med. sales price $262,000

    Brighton condo price per sq ft $283.00

    Brighton condo days-on-market 90

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    Boston Condos Charlestown - Sales Stats





    Charlestown condo sales - 25

    Charlestown average condo - $545,019

    Charlestown median condo - $470,000

    Average price per sq ft Charlestown condo $458.00

    Average days-on-market 123

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    Fenway Condos Sales Stats 2011







    Fenway Condo Sales 2011

    Fenway condo sales 7

    Average Fenway condo price $292,500

    Median Fenway condo price $282,500

    Fenway price per sq ft $435.00

    Fenway days-on-market 237

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