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Archive for March, 2008


Weekly Boston Condo and Boston Real Estate Sales and Listings Update, March 28, 2008

This week’s Boston Real Estate Condo Market Reports are now available.
The market reports provide readers with detailed information on the state of the Boston real estate market.
The reports include data on inventory, recent sales, and price per square foot of condos for sale and recently closed.
In addition to a summary report of sales across the [...]



Gymboree Boston: let the rumors begin

Gymboree, now called Gymboree Play & Music is a place for children and their parents to exercise and learn.
There are over 300 franchises across the United States and internationally.
There are several in Massachusetts, including shops in Quincy, Newton, and Burlington.
But, oddly, not in Boston.
Yet.
From the Gymboree Play & Music website:
It all began in 1976 with [...]



Weekly Warren Group Boston / Suffolk County foreclosures report, 3/21/2008

The Warren Group weekly foreclosures data, for the week ending 03/21/2008, for all of Suffolk County (includes Boston, Revere, Winthrop and Chelsea-by-the-sea) (compared to the prior week).
New Petitions & Lis Pendens: 119 (130)
Auctions: 25 (53)
Bank Owned REO: 29 (21)
Industry Terms, courtesy of The Warren Group
A Foreclosure Auction: The public sale of mortgaged property, and usually [...]



The best news of the day: Mass Pike slingshot opens to Fast Lane / E-Z Pass traffic

This is good news. Should save some time. Get in your cars and drive!
The U-turn ramp located at the Allston-Brighton toll plaza opened to drivers with Fast Lane and E-Z Pass transponders on Sunday.
Two-axle passenger vehicles with FAST LANE will be charged $2 to use the ramp. E-Z Pass customers will pay $2.50. [...]



Seasonal summer vacation homes available at Summer Village at the Pond

The Summer Village at the Pond is gearing up for a new season.
These are vacation homes located in Westford, MA. Seventy of the 276 homes have been sold. The units are open during three seasons, only. Prices start in the $180’s.
I like the idea of a vacation home nearby, especially one of [...]



Recovery not seen until 2009 (warning!)

You can’t find more trusted data than what is released by The Warren Group. Better than from MAR/NAR, of course.
The Globe ran an interview with Timothy Warren, Jr, chief executive of the company, in today’s paper.
Now, data and forecasts/predictions are two different things, of course. But, Mr Warren’s opinions are as good as [...]



700 Harrison: hot South End development

The Herald reviews the new 700 Harrison development, located in the South End.
The area has seen a lot of new development – nearby, ArtBlock and The Penmark condo projects are completed, and there is rental housing available, in the St James Court building. The Boston Medical Center is within walking distance (as is the [...]



Weekly Boston Condo and Boston Real Estate Sales and Listings Update, March 28, 2008

The following information is from the local MLS database, as of March 28, 2008, compared to (March 21, 2008) (and March 24, 2007 – where available).
Total # of condos for sale in the city of Boston: 2,351 (2,280) (2,279)
Average # of days on market: 130 (134) (127)
Number of condos sold (closed) over past 30 days: [...]



The Meads adjusts its prices

The Meads, the luxury condominium project recently completed at the head of Beacon Street, where the Back Bay meets Kenmore Square, has adjusted prices on many of the available homes.
MLSPIN is showing six residences still available in 13-unit building, located at 413-415 Commonwealth Avenue.
A 1,900+/- square foot, second floor unit is currently priced at $1,900,000. [...]



Rose Kennedy Greenway comes alive; well, an animated version, at least

This is a very slowww-going video, but worth watching at least once so you’ll be up to speed on what is proposed for the Rose Kennedy Greenway.
Yeah, it’s a bit dated (Hello and goodbye, Mr Amorello) but most of it is still accurate. If, unbuilt.



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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    ------------------------------- Beacon Hill Real Estate: Retail Space Available

    Charles Street

    Commercial Retail Space Available

    For leasing inquiries contact

    Linda Mitrano at 617-512-4557.


    New Beacon Hill condo

    New Beacon Hill condo furnished listing for rent

    Offered at: $3,000.00

    Two bedroom hardwood floors, laundy in the building, common roof deck.

    More information call Linda Mitrano at 617-512-4557.


    Classic Beacon Hill Duplex Condo

    Including Income producing In-Law Apartment. Two units for the price of one.

    Offered at: $879,000.00

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

    Lower level offers master bedroom with full bath and laundry. Includes a second bedroom with half bath. This unique condo also features a two level In-law apartment with a seperate entry. One car deeded parking space.

    More information call Linda Mitrano at 617-512-4557.

    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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